I can see that some of you are a little uncertain as to are we still in a bullrun, the price hasn't moved to the upside in quite some time and with that, a little fear has clouded your judgment . Let me firstly tell you that altough history typicaly does not repeat itself, it sure does rhyme. If we follow that logic, from the previous bull cycles to now, we can clearly see phases in every run.
As you can see each phase starts when another ends. With this being said, we can see that right now we are still in Phase 1, it is the time when all the money that goes into crypto rushes to $BTC as it is seen is the safe heaven. With Bitcoin being the biggest project and having the only ETF in the crypto space, it is a no brainer why the money goes there first. Phase 2 however is the time when $ETH goes on a run, increasing its market dominance while Bitcoin and the altcoins take a backseat. That is when trust in the market is really being formed. Phase 3/4 is when altseason officially starts, a period when the hype is at an ATH, trust in the market is strong and the people who made money from Bitcoin and Etherium start taking their profits and putting them in altcoins. PS. In my opinion Phase 2 start with the approval of the Etherium ETF 💯
As I mentioned in a previous post, yesterday was a day that would determine the direction the price was going to take. 👀
The first news we received yesterday was the inflation rate, which came in lower than expected, giving us bullish momentum to push the price up. 🚀
But as I said, we should wait for all of the news to unfold by the end of the day. ⌛️
With that, the further news we received was underwhelming and pushed the price down, signaling a bearish price movement in the short term. 📉
Now we enter a more stable environment, but it is still volatile. 🎢
As I see this price movement, we might retest some lower prices as time goes by, giving us a good opportunity to buy some projects at a discount. 🛒
The one thing that really makes me uncertain about all of this is that there are a lot of liquidations at the all-time high level, so keep an eye out for that. 👀
All in all, the super bull is loading, be ready! 💪
As I said, today is key for the price movement ahead. The price of Bitcoin jumped $3,000 in the moment the news dropped. 👀💰
Again, today is a volatile day. With inflation falling to 3.3%, investors and whales received a signal to buy into the market, making this pump a reality. 📈🐳
Still, let's not get ahead of ourselves. The day has only just begun, and more information is needed. But if we receive more bullish news, I have no doubt things are going to get really interesting, really soon. 🤔🧐
So with this said, we wait for more information and act accordingly. By the end of the day, we will know the market sentiment for the short term! 📊💡
Today's the day, June 12th! 👀 Most investors have been waiting for this! 📈
We'll see how next month plays out, giving either the bulls or bears an advantage for now. 🐂🐻
As crypto investors, we must stay vigilant! 🧐 We need to be ready for volatility, whether it's up or down. 🎢
But let's not forget our plan, vision, and the life-changing opportunity ahead! 🚀
As Robert Kiyosaki said, "Bitcoin is the easiest way to become a millionaire. Making millions as an entrepreneur is hard. I save Bitcoin because it does the hard work for me." 💸🙏
Always strive to learn from people who are living your dream. They have already paved the way for you to become that! 🔥
Bitcoin's price plummeted to $67K, something people were not expecting. 😲
Of course, these sorts of shakeouts are quite often turning points in price movements, but what do we have in store now? 🤔
One option is a bounce from here, upward to the $70K mark. 🚀 On the other hand, we might just see the price go down even more to $65K. 😱
Either option is possible, but no matter the case, I still think a bullish reversal is imminent, and this is just a discount price to buy and get in the market! 🤑
Guys, listen...even more so if you lived through the bear market of years past, I know what you've gone through. 🐻
The bear market was a tough period for all of us and for the crypto space as a whole. Through it all, we are all still here, in an even stronger position than we were last bull run. 💪
Don't forget what we as a community overcame. Don't forget, so that these little price dips don't scare you out of investing. 💎🙌
Remember why you came to crypto in the first place, life-changing gains! 🚀
Give it time. It's still early for altseason. Don't expect a 10x gain from an altcoin now. Be patient. ⏳
Bitcoin is still ranging around $69K, after suffering a crash that took it below $70K. 😱
The liquidations have been executed, indicating one of two possibilities: either Bitcoin proceeds to the next liquidation zone around $74K, which I believe is the most likely scenario, or it undergoes a bearish continuation to the price of $65K. 📉
In my opinion, this is whale territory, and they require a more stable environment for pushing the price up, so liquidations are necessary. 🐳💰
The next week or two will reveal their intentions. Either way, I believe this is still a prolonged bullish accumulation. 📈
We must simply wait and observe. I strongly discourage trading in this position. ⛔️
While investing in spot for altcoins is a viable option, they appear to be oversold. 🛒
Bitcoin just crashed under $70K, and some of you might be feeling regret, perhaps because you see this as a missed opportunity. 😱
Taking profits in crypto is a huge part of how you survive the ups and downs. It just may be the most challenging skill in crypto to learn. 📈
Everyone in crypto should have a cheat sheet, a place where they have multiple take profits for all the crypto projects they've invested in. 📝
Once a take profit has been met, you take out a percentage of the money, using it either as a reentry into the market or just for your everyday needs. 💰
Crypto is a volatile space, so taking profits is a must, even if you are a long-term trader or short-term trader. 🎢
Bitcoin's reach and stranglehold on the market have been fully demonstrated today. Losing the $70K mark has significantly impacted the market as a whole. 📉
The primary reason behind this, in my opinion, is the unemployment rate and Mt. Gox. 🤔
The unemployment rate is a positive aspect in an otherwise negative situation. What do I mean by that? 🤔
Well, the unemployment rate was higher than anticipated, indicating that the US economy may not be as stable as we thought. 🇺🇸
However, this could be the catalyst that persuades the FED to reduce interest rates, initiating a series of rate cuts that would further favor the bulls. 🐂
Stay resilient, everyone! Better times are on the horizon! 💪
One coin I haven't had the chance to talk about is Cardano. 👀
Once the giant that was sweeping the floor with other projects now lies low and is getting ready to pounce. 🤫💪
One of my favorite projects, with Charles there as the head of the project, one of the founders of Ethereum. 👨💻💡
I love that Cardano somewhat is a great depiction of what crypto was supposed to be: decentralized. 🌐🤝
Its slow and steady approach might not be everyone's cup of tea or doesn't get the cover story of the day, but that means the team is working hard to give us the best project the market has to offer. 🐌🏆
I believe in the project, and as of now, the volume is coming back in, and its price is getting ready for big moves. 🚀💰
This year has gotten off to a great start, with the approval of ETFs, big investor money coming in, the Bitcoin halving, and many more developments! 🚀💰
Since the bullish momentum has started, more and more people are interested in crypto, especially new people who are ready to invest in the market. It's amazing to see! 🤩
Often, people who are new to the space get bombarded with a lot of information, from the millions of projects to invest in to the new expressions used in everyday crypto talk. 🤯
It is human nature to ask questions when you don't know something or are new to something. 🤔
But what I see is that these people ask the wrong people for help. 🤦♂️
People like me are here to spread information, giving our thoughts on topics that we find interesting. However, we are not financial advisors, as much as we would like to help. 🚫
Do not believe people who tell you what to invest in if it's not their job. Do your own research! 🧐
I'm here to help and share my knowledge, but I'm not a financial advisor, so I can't tell you what to invest in. 🙅♂️💰
Here's a tip for beginners: check out the top 10 coins. They're usually safer and more likely to give you gains. 👀📈
Do your research - look at the team, plan, social media, and following. Find a project you like and are willing to invest in. 🧐👍
Then your crypto journey begins, and a new chapter in your life unfolds! 🚀✨
I hope this helps. Remember, do your own research! 📚💡
This is a project I have to tell you all about, a relatively small to mid-cap token with a lot of upside potential. 👀💰
It's a decentralized data oracle network that eliminates the reliance on third-party intermediaries. 🌐💻
It has come a long way. I remember when I started taking an interest in the project, it was just under $1 and now it's ranging above the $3.50 mark. 🚀📈
I'm not going to say anything more about this project. The reason is that I want you all to figure out for yourselves why I am writing about this token. 🤔🧐
Do your own research on this one and thank me later! 🔎📝
I think it's time we say it. We saw a Bitcoin all-time high, we saw an Ethereum all-time high, even a BNB all-time high. The one thing that's left is a Solana all-time high. 👀
The market sentiment is bullish, with news about a possible 2025 Solana ETF. I do think the next leg up is in the works. 🚀
The chart is showing bullish signs. More and more people are getting into crypto, and more and more money is being taken off exchanges and stored in cold storage and DeFi wallets. 📈
Everything is slowly adding up. This accumulation has lasted some time now. Volatility is at an all-time low, and everything seems stable, slowly but surely making the support levels stronger! 💪
The longer this accumulation lasts, the more bullish I am. 💎
Meme coins... they have come a long way, much further than I ever thought possible. To think that a meme would have such a financial impact is amazing to me. 🤯
Meme coins, such as Floki, have been outperforming the market by a long shot. That makes me think about how times really do change. 📈
I remember when $DOGE was new, the first meme coin of its kind. I don't think anyone in the space at that time thought it would be a good future investment, even me. 🤔
Until the last bull run, I had the idea that meme coins were just that: bad projects with good marketing. 🤦♂️
What I failed to understand is that for a project to be good, there needs to be a good community—people who love the project, love the idea—something like the new $NOT coin that has been all the rage in the past few weeks. ❤️
With that, seeing the profits that are being made, I cannot go further without admitting that maybe meme coins do actually have a place in an investment portfolio. 💰