SAVE THIS DATASET AND APPLY THIS WISDOM DURING THE UPCOMING UPTREND

— THANK ME LATER 🗣️

The second you “make it” in Crypto, you have to change your strategy.

You want to take advantage of this industry and play this game aggressively to speed up your wealth-acquiring game.

But, once you get there, you must switch to defense mode.

HIGH RISK → BUILD WEALTH

LOW RISK → PROTECT AND SLOWLY INCREASE IT

Don’t think even for a second that just because you made money, you’re now invincible.

A few short-term, inexperienced, wrong moves will send you right back down to your previous level of life

#BullRun #BitEagleNews

It’s a SCAM.

It’s all a rigged game.

The US elections.

The political parties.

The financial system.

The entire monetary setup.

None of it’s designed for you to win.

So what are you going to do?

Sit back, complain, and let them keep you down?

Or take control,

Build generational wealth this #crypto bull run,

And say f…k the system.

Create a legacy that protects your family from this system.

It’s your choice.

Your family depends on you.

#BitEagleNews #BullRun

During the last phase of the bull market in 2017, Bitcoin surged 240% in just 5 weeks.

In the last phase of the 2021 bull market, Bitcoin rose 70% in just 7 weeks.

For everyone saying that a peak in either Q4 2024 or Q1 2025 is impossible — go back and study what happened in the past.

The time we have left is more than enough.

A few weeks of solid bullish price action after the U.S. Election noise subsides could easily push Bitcoin above $100k and wrap up this cycle.

Don’t underestimate how violent that move could be.

You know what they say — History doesn’t repeat itself, but it often rhymes.

Disclaimer:

This remains my favored scenario at the moment, with a macro Bitcoin top happening in either Q4 2024 or Q1 2025.

However, this prediction isn’t set in stone and can change over time.

As I always say, your goal as a trader/investor is to continuously gather new data as time passes and remain flexible.

Money over pride.

Now eyes on the U.S. Elections today and the FOMC meeting later this week.

Expect volatility.

#BullRun #BitEagleNews

Since the local top earlier this year, most Altcoins have continuously dumped and showed no signs of reversal.

Why?

Because, as it often happens in the first phase of a bull-run, all eyes were (and still are) on Bitcoin.

Add the fact that it has been moving sideways within a macro range for over six months, creating uncertainty about the market’s future direction, to the mix and you have the perfect recipe for a season of Altcoins underperforming.

But I’m pretty sure things are about to change.

Bitcoin dominance just hit 60%, which to me, seems like a perfect psychological level for a macro top — be aware that it could still push a bit further before finally reversing.

But whether it goes higher in the short term or not, nothing will change.

In the not-so-distant future, I see top-tier Altcoins finally getting the spotlight again and closing out 2024/starting 2025 with a bang.

Top choices for when that moment comes?

Coins with:

> Mainstream narratives.
> Crazy tech.
> Solid communities.
> Hard-working teams (who didn’t stop building even when times were tough).

example? $JUP $RAY $RUNE

#BitEagleNews

I still believe a basket of high/mid-cap meme coins will likely outperform many ‘regular’ coins this cycle.

While $PEPE , $BONK , and $WIF may not offer the 100x potential of smaller, high-risk tokens with a 500k market cap, they are strong contenders.

For everyday investors who prefer not to monitor their portfolio as closely, these coins offer solid options: the rug factor is low, they’re available on major exchanges, and they’re well-established.
#PEPE #BONK #WIF #BitEagleNews

Pretty sure a lot of participants have derisked a bit in anticipation of the elections.

While Bitcoin more or less is holding the same key area, altcoins have not.

We are still not at the lows of September but tomorrow is a pretty monumental day.

Many investors don't like uncertainty and have likely derisked in favor of more clarity.

One the playground has been cleared, expect a lot of this capital to flow back in.

Especially if Trumps wins and the environment is favorable again.

Did you do anything different this week? 🧐

#Bitcoin #BitEagleNews

No passports have yet been issued as part of 🇸🇻 El Salvador’s “Adopt Bitcoin” program, which aims to provide passports to Bitcoin investors who donate 💵 $1M in BTC or USDT to the country, according to El Mundo.

#Elsalvador #Bitcoin #BitEagleNews

In his book, 🇨🇳 China Central Bank's deputy governor Lu Lei argues that Central banks risk obsolescence if they don't adapt to the digital age.

CBDCs offer a path to merge the innovation of digital assets with the stability of sovereign currencies.

Bitcoin pioneered the digital currency revolution, but the future likely lies in balancing technological progress with the core values of monetary sovereignty and stability, ensuring central banks remain relevant.

#Bitcoin #BitEagleNews

Bitcoin spot ETFs hold more then 1 million Bitcoin right now.

It took less than a year to achieve this and will soon be more than even Satoshi Nakamoto himself.

It's no surprise that the current BTC wave is mostly institutional driven. They also didn't buy "low either"

Most of them bought between $50-70k right now which opens a very interesting topic.

Are all these institutions and wealth investment companies buying billions of Bitcoin just to end up getting dumped on and form a top right here?

We even saw a record amount if inflows in a short amount of time last week.

Those buys where all between $65-73k on average.

While ETFs can surely both press the buy and sell button, it's extremely unlikely these giant institutions will get dumped on as a lot of them bought at today's prices.

Observe smart money 👀

#etf #Bitcoin #BitEagleNews

$TON dont have a clue on this one.

I remember everyone going huge in it but the token itself looks eh.

Would assume it bottoms either here or $3.80 tho
#Ton #BitEagleNews

Recently, a few friends (followers) have reached out for my address, sending me tokens, likely some meme coins.

I genuinely appreciate the gesture, but just to clarify, I won’t be promoting these.

So, let’s consider them gifts rather than promotional deals, lol.

Thank you all for the support!🫡

#BitEagleNews

JUST IN: Senator JD Vance, the Republican vice-presidential candidate, owns between $250,000-500,000 worth of Bitcoin, according to new federal financial disclosures. 😱

#BitEagleNews

Market update

Not surprising to see price retrace into our most recent local area of support.

The breakout last week was beautiful, but that doesn't mean we can't or don't retest newfound support anymore.

The higher time frame direction has been set, it's just now waiting for the lower time frames to follow.

Highly likely this will happen post election when the uncertainty clears up in the markets.

(the markets don't like uncertainty most of the time)

Love or hate Donald Trump, but he's dubbed as the "crypto president" (act or no act).

He showed support and that means new people will have more confidence stepping in due to the US showing less resistance to the industry (which has always been a major bottleneck)

FYI: this doesn't necessarily mean the moment he's chosen we will fly to Valhalla in 1 single day and see god candles left and right only.

But it does pave the way for an easier environment and be more welcoming to new participants (and companies).

All in all:

- $68-70k most likely support for BTC
- $64-65k absolute bottom (this target doesn't need to happen and likely won't)

#Bitcoin #BitEagleNews

JUST IN: Craig Wright faces contempt of court charges related to his $1.2 billion lawsuit against Jack Dorsey’s company, Block.

A December hearing will determine if Wright is in contempt, and his lawsuit against Block is on hold for now.

#Bitcoin #BitEagleNews

JUST IN: Strive Asset Management , company with strong links to Trump's inner circle, is getting into Bitcoin

It was founded by Vivek Ramaswamy.

Investors include Peter Thiel, JD Vance, Bill Ackman, and Howard Lutnick.

#Bitcoin #BitEagleNews

This is the man claiming to be Satoshi Nakamoto at a London press conference today 🤦‍♂️

#Bitcoin #BitEagleNews

🔶Today is the 16th anniversary of the The Bitcoin Whitepaper release.

"Bitcoin: A Peer-to-Peer Electronic Cash System"

Released on October 31, 2008 by the pseudonymous author Satoshi Nakamoto to the Cryptography Mailing List.

Thank you Satoshi. 🙏

#bitcoinwhitepaperday #BitEagleNews

This is how the bull run started last time.

Bitcoin pumped.

Everyone said ETH was dead.

Then $ETH started pumping...

Rest is history.

The cycle keeps on cycling.
#BullRun #BitEagleNews

For those that are concerned with btc dominance still rising:

It doesn't need to drop to actually have a better environment for alts.

Q1 this year was a really good example of that.

The dollar value of alts can rise significantly when Bitcoin dominance is still rising and going up itself.

Bitcoin dominance means the entire altcoin market cap is just not outperforming (local outperformers still exist though) vs Bitcoin.

This wasn't the case in Q1 either but we had a pretty good time right?

If we want an altseason of a very large magnitude than yes, Bitcoin dominance needs to drop.

It also doesn't need to come that low as people think.

That all being said:

I do fully expect Bitcoin dominance to drop at some point though.

In the entire history of the market we've never had Bitcoin dominance go up only forever. It has always come down at some point.

I wouldn't bet against that kind off accuracy.

#BitEagleNews