#Bitcoin❗ has been "completely obliterated" and crashed down to 53,500, but has since recovered to around 56,500. 📉 Bitcoin's price has crashed below the 80 level multiple times, leading to significant negative movement. 📈 The 2021 Bull Run gives confidence for a potential rally, similar to what happened in 2019-2020. 📉 "We've never seen this other than 2019 so there's no guarantee that it has to follow this trajectory either." 📈 The RSI in this particular scenario is not as scary, with bull runs showing massive peaks sitting close to 100. 📅 Historical data suggests that it takes around 6-10 months post-halving before seeing a significant push to the upside. 🐂 Despite the crazy fud, we are still in a bull market and the entire 4-year period has been exhausting, with people in denial even during significant price movements.
- To commute Ross Ulbricht's sentence - US to become crypto capital of the world - To reduce energy costs to facilitate Bitcoin mining in the US - Right to self-custody - To fire Gary Gensler on day 1 - Ban creation of CBDC - Introduce stablecoin framework - To end Operation Chokepoint 2.0 - To stop selling USG-seized Bitcoin, which will serve as strategic Bitcoin reserve
Trump is setting the baseline for other world leaders to follow.
• Create a US strategic Bitcoin reserve • Fire Gary Gensler • End Operation Chokepoint 2.0 and embrace stablecoins for US dollar dominance • End anti-Bitcoin policy
$BTC The Hash Ribbon signals the end of Bitcoin miner capitulation, suggesting BTC price momentum has shifted from negative to positive. This could present good buying opportunities.
$ETH ETF is Live: Are you Prepared for a Parabolic Move that coming in few weeks? 👀
- ETH is primed for a huge surge - $USD inflows to $ETH could be 2x greater than $BTC - Target: $10K-$14K by next year - Short-term corrections likely, but long-term outlook remains bullish - Keep an eye on MA200 daily - Don’t panic sell during short terms corrections. Buy if ETH dips. Just look for more entries if ETH dips. - ETHBTC will soon show strength and this is when alts will start pumping
$LINK The number of addresses holding between 100k - 1m LINK has increased by 18%. Additionally, addresses holding between $1m - $10m LINK have surged by 26.03%.
This growth indicates a rising interest and investment in Chainlink
- ETHBTC has been bleeding. Presently in good buy zone. Looking forward some good moves sooner. - ETFs will move it much harder due to its CEX illiquidity - We think ETHBTC will go higher after a small correction. - We have an Altcoin season when ETHBTC is surging, BTC.D dominance decreases & bitcoin trades sideways. Presently this isn’t happening in charts.