$100,000 for each house 🏠
You and I have been discussing Bitcoin in reviews for over a year and a half.
Not surprising, because the structure of the bull cycle is as follows:
1) accumulation
2) BTC is growing (focus on the cue ball)
3) ETH is growing (focus on ether)
4) parallel to the broadcast, the viola begins to shoot
5) viola is growing
6) giving everything to everyone
7) bearish trend
We passed the first two points. For a year and a half they essentially talked about Bitcoin
Now I don’t see much point in talking about the cue ball in the medium to long term
Yes, dividing into phases does not negate the likelihood of Bitcoin growth. And I'm still waiting for it in the range of 100-120K
But, knowing the structure of the cycle, understanding the limited potential of the cue ball and expecting the onset of the growth phase of the slowpoke ETH and violas - viola is a priority for me
Therefore, now we will discuss ETH and altcoins
#altcoins
There is no need to invent a bicycle. The simpler the global working scheme, the higher the likelihood of its implementation
We are all expecting the ETH ETF to pump up hype. It's logical. It's clear. And it will be
When the ETF BTC theme was downloaded, the cue ball made x3
It is obvious that it will not be difficult for Ether to make the same x3, and this is what I conservatively predicted even BEFORE the start of the current cycle - $8000-$12000 ETH
Ether is the locomotive that pulls altcoins along with it. Base
Next, the focus will shift to altos, because those who doubted the advisability of buying them will come to their senses and start buying altos. The one that the smart ones accumulated
Buy from those who have accumulated
Because we have already found out that growth is preceded by an accumulation phase
This will launch ALTSZN
The market always comes to a balanced state
And in order to (conditionally) catch up with BTS - Total on alto will make at least x2
With Total x2 from the current ones - for many altos this is x3, x5, for some - x10 (TRB is an example for you)
I plotted a fractal from the previous cycle
This DOES NOT MEAN that the market will move along the trajectory
And this DOES NOT MEAN that the market will go up just because there is some kind of fractal there
This is an approximate analogy of the structure
From it we see that it is quite acceptable to manipulate minus 20-25% on alta BEFORE launching a full-fledged up-trend
And it turns out interesting with the timings
We see that in the current cycle history does not repeat itself. And the ATN on the cue ball is reached BEFORE halving, contrary to everyone’s expectations (everything is as we expected back in October last year)
And record numbers of green candles on the cue ball, which were not there in previous cycles
Therefore, I would not be surprised at all if, contrary to generally accepted “standards,” the postulate “Sell in may and go away” does not work, and there is no traditional stagnation in the summer
And how, at $48,000, the techies who were waiting for the cue ball to come down came to their senses and started buying the cue ball
So they will come to their senses at the end of summer and start buying viola (remember - from those who accumulated) and begin to overclock ALTSZN
That is, in my humble opinion, there may well be manipulation (dump, flash crash). But this will be a reset of longists, liquidation, capitulation - and a full-fledged launch of my entire theory
note
Projects are being listed. Launchpads start. Partnerships are being sawed off
Is it really possible to assume that this is not the beginning, but the end?
I'm waiting for ALTSZN. X's of X's
And while some will be wondering for a long time whether this is a rebound, whether true growth has begun, they will slowly start buying alts on the growth - I will begin to unload them on the same growth
For I am accumulating them now. And I will get all in on a potential dump. Buy the dip
While everyone will be scared again
Or I’m wrong and we’ll go into bear mode with the current ones 😀
Peace, profit and green PnL to everyone
https://www.tradingview.com/x/HX4o3eCN/
