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Understanding crypto
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ARB|USDT The closer we go to the dollar level the better. can 6x from around that region. 6x being conservative!

ARB|USDT

The closer we go to the dollar level the better. can 6x from around that region. 6x being conservative!

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Where would you say this goes ? Up or down? use 👍 for up and 👎 for down
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serious question folks. whats really coming for us? Cardano was my biggest gainer last cycle. Infact, i pretty much still leaving off my ada earnings up till now. anyways when we look at it's charts, it looks like it's at the same spot it was last cycle before lift off. Now, this is of course good BUT... my issue is, will this bull market just be short lived and we go again to the trenches of the bear next year? it took 287 days for ada to top after lift off from consolidation in the box. It cant happen the same this time but if it were to happen then that would be Jan of next year. I see some signs that we might be taking off soon but i am disturbed on the timing of it. (i'm not saying that it will go that high btw. thats just a demonstration from past cycle).
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we have a bullish stochastic cross on btc weekly timeframe folks. every time from 15k we had a strong bullish continuation post every cross. will this time be different?
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In January of 2021 it took total market cap of altcoins 140 days to 8x. I am of the idea that we might be at the same level we were in 2021 which actually would mean that it comes early this time. So instead of the rally coming in early 2025, perhaps it happens earlier this time. This would mean that the biggest pain point this cycle will be investors missing out. A lot of my alt coins went to 2x, 3x, 5x and even 70x but i still held on to them just to see them drop again. some dropped more than 50% while others dropped and are at break even. i think the biggest pain point this bull will be that we are taken by surprise and the meteoric rally comes in a time we never expected. This will cause some folks to buy in later in the expectation of the bull market following it's usual timing and yet potentially be buying the top. this is all in assumption that we have not seen the top which i believe we havent lol.
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we dont have any concrete forecats for btc folks as i dont have proper confirmation for a rally yet though that's what i lean towards. every time i think it's breakout and rally time, Mr. btc pulls our leg. for now though, that does look like a clean breakout right there (i dont know if it yet again drops to troll us lol) let's see what happens then we can update. (The levels you see above would be it's targets if it doesnt go below the 0.236 but we have not confirmed them to be in play as there has not been any interaction with the 0.786 yet at 68.5k so thats why i wait for confirmation. goodnight. oh, zoomed out the levels go as high as so. but again, no confirmation yet. so for now.. yeah sorry but we just wait.
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