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
First, I would like to say that I am back after taking some much-needed time for myself. 🙏
Now, with that said, even though my absence was prolonged, everything I have said before still holds true to this day. 🔥
As I have said many times before, we are in an accumulation phase, where the market makers use every chance they get to shake out the market of weak hands in an effort to make the inevitable all-time high as stable as possible. ⚖️
Now you may ask, how long will this phase last? 🤔
Well, to be honest, nobody really knows. It all depends on the market makers and demand. 🎯
In the long term, I do expect Bitcoin to reach a new all-time high, but for the short term, we do need to expect volatility. 🌊
Now, everything is not all doom and gloom, as I have seen bears make a statement of a 40k or even 30k Bitcoin, which I believe is unrealistic. 🚫
A visit to the 50k level is much more likely, but nothing lower than that. 👌
Tomorrow's FED meeting might just give us a clearer picture of what is to come, with the market expecting a rate cut. 🚀
By my estimation, anything less than a 0.5 rate cut is unlikely, with 0.5 being my estimate of what is to come. 💯
Keep your eyes peeled for tomorrow. I strongly suggest against trading tomorrow as it will be a very volatile market. 👀
Keep calm, the golden bull is coming! 💰
Thank you for reading. 🌟
I will once again be regularly updating you on the market, so be sure to like and follow for more! 👍
As I have taken some time off social media and trading, I left you guys with all of my thoughts for the upcoming period. 🌊
The time taken for myself was necessary, so as not to repeat myself continuously, for there was no need for information in the period that I was away. 🫡🧙♂️
Now you all can see that my predictions are coming to fruition, slowly, one by one. 👑
Bitcoin has begun its rally to the upside, showing the bears that their time is long gone. 🐻
This accumulation was a long one, truly testing the patience of the market, frequently testing the $57,000 mark. 💡
So now, what?
Well, as I see things now, I do think Bitcoin is headed toward all-time high levels; the market sentiment is turning bullish yet again. 🚀
I do think we have found the local bottom, and if I am correct, the next level we need to see broken is the $70,000 mark. 👀
While I do believe reaching the all-time high level is imminent, undoubtedly, I eagerly anticipate the approval of the Ethereum spot ETF. 📈💯
For Ethereum, that is crucial, as it will give the needed boost to reach new all-time highs, possibly even reaching the $9,000 level. ⚡️⏳️
As for altcoins, keep an eye out for $FET (Artificial Superintelligence), $ZK .
Let me reiterate, Q3 and Q4 will be bullish; do not let the bears cloud your judgment. 🎯
While making a list of this type, I find it difficult not to put Bitcoin in it, as a safe haven for most crypto, retail, and institutional investors. I see it as a no-brainer of an investment.
While it probably has the least upside, I do believe it is the must-have in every portfolio. 💯
2. Ethereum
- The silver to Bitcoin's gold. 🥈
Ethereum, the leader among the rest, with the looming ETF approval, is destined to follow Bitcoin's price movement after its spot ETF approval.
It also just might be the spark the altcoins need to begin their own upward movement.
3. zkSync $ZK
- The leader in zero-knowledge technology. 🌊
The newest trending category in the crypto space, a Layer 2 scaling solution designed to make transactions on Ethereum faster and cheaper.
As I am a big believer in Ethereum during this bull run, I have no doubt that projects built around Ethereum will experience significant upward movements in their prices.
4. Fetch $FET
- The AI powerhouse. 🤖
Also known as the Artificial Superintelligence Alliance, it is the new leader in the crypto AI space.
With the merger of Fetch, Ocean, and Agix, each project helping the others' deficiencies, they have formed a project with no competition.
As it is no doubt the leader in the space, in the leading category of this bull run, I have no doubt about their future.
5. Aevo $AEVO
- My dark horse. 👀
Now I know this project has a lot of hate, and rightfully so, but I still see a window of opportunity, a window of profit.
I can't help but compare it to Solana just after the FTX collapse.
While investing in this project comes with a lot of risk, the upside is also very big.
Since I always want something risky in my portfolio, I always allocate 5% to these plays, which may pay out a lot more.
...
* Always do your own research, this is just my list of top projects researched and believe in.
As the days slowly pass, we are drawing ever closer to the approval of the Ethereum spot ETF. 👀⏳️
Speculation about July 15 as the final date has been spreading even more than before. 💯💰
But what will it all mean? 🤔
The launch of the Spot Ethereum ETF will undoubtedly cause a boom in Ethereum's price, even more so in altcoins. 🚀💸
While we did see a massive selloff after the Bitcoin spot ETF approval, I doubt the approval of Ethereum’s ETF will have the same effect. 🎯🧙♂️
According to recent metrics, investors are more speculative about Ethereum, so we can almost certainly expect smaller inflows than what we saw in Bitcoin ETFs. 💯
Nevertheless, the expected $5 billion inflow target in six months is no small sum, with some even projecting up to $15 billion. 💫⚡️
Those inflows will cause Ethereum to mirror Bitcoin's price movement, and if that happens, altcoins will also take off, bringing them to new highs as well. 📈
Investing in Ethereum and projects built on Ethereum’s blockchain now seems to me like the best play for the short term. 🔥
Keep an eye out for ZK and FET also, as they have really shown themselves throughout these crashes with really strong bounces. 🌊💰
I know times are tough, so be patient and zoom out, for better times lie ahead! 💪
We are now in a time of trial, a trial that determines if we deserve the profits that are to be made—generational wealth. 👑
We are currently living in a life-defining time, a time we will remember forever. ⏳️
Whether that memory is good or bad depends on how we navigate through this time of trial. 🌊💪
Bitcoin has been in a long accumulation period, at times testing support around the $57,000 level. 💯🎯
This is normal, but it brings uncertainty to investors, especially those who are new to the space. 🧙♂️⚡️
The average person suffers even more when, because of Bitcoin, altcoins take a severe hit to their prices. 🚨⛔️
We need to take a step back and use those situations as market entries. 💸💰
With the Ethereum ETF approval looming ever closer, and VanEck filing their Solana ETF, I do think that this accumulation period is coming to an end. 🔥
I think that we might even see a $80,000 Bitcoin soon. 🚀👑
This is also a good entry point to buy Solana, as I also used it to top up my Solana investments at around the $150 mark. 👀
If the bullish news continues, I have no doubt we might see a new all-time high for Solana as well. 📈💫
Remember, the Ethereum ETF is going to be approved at the beginning of next month! ⏳️💪
Sources say that everything is ready, the S-1 filings have been made, and that it is only a matter of time before the ETF starts trading.💯🌊
That day will mark a momentous milestone, an unprecedentedly bullish signal. 🎯📈
Ethereum will rally, just as Bitcoin did after the spot Bitcoin ETF was approved. 🧙♂️💫
Remember, we are still some time away from the speculated date of July 2nd, which leaves ample time for the market makers to push the price down a bit more. 👀🚨
Be alert, as all of these crashes bring us amazing entry points in the market. 🤞👑
Once the Ethereum ETF is approved, be on the lookout for a mini altcoin season that might start, as usual, altcoins follow Ethereum closely. 🕝💸
Invest in projects linked to Ethereum such as ZK, MANA, SAND, Layer 1, and Layer 2 projects, as I believe they will be the frontrunners of the so-called mini altcoin season. 🔥🌊
As I have said in previous posts, Bitcoin is likely going to fall to around the $61,000–$60,000 level by the end of the month. ⏳️😱
We were due for another red month this year, so June takes the cake on that one. 🚨😤
Now, this is where the bad news ends for me. The market is in very oversold territory, leading me to believe that a relief rally is going to take place. 📈💯
Another factor to consider is July, when speculation is growing louder about the potential approval of the Ethereum ETF. 💸
Coins today have dipped again, giving us a pretty good entry point that I have been stressing the importance of. 🎯🌊
July might just be the beginning of a mini altcoin season, as all of them have been oversold for a long time. 🚀💫
Keep an eye out for projects with a lot of traction that are linked to Ethereum. 👀🧙♂️
Some Layer 1, Layer 2 projects, even projects like $ZK , $SAND and MANA. 🔥🤞
Yesterday, the market experienced a significant downtrend, with altcoins dropping more than 10% in value.
Bitcoin, revisiting the $65,000 support level, tested the support yet again.
Now we can see the market recovering nicely, but now is not the time to get ahead of ourselves, the bearish short term price movement might not be over just yet.
So why do I say that?
Bitcoin has yet to show us any bullish movement, breaking the $67,500 level might be a sign of a reversal.
Until then, I do see a possibility of us visiting the $60,000 mark, signaling a bearish continuation, with altcoins taking a bigger substantial hit to their price.
But I do think that that would be the bottom for the short term.
After that, I do see the bulls taking over, and with that, Bitcoin starts its rally to the upside and even new all-time highs.
The point of this post is so that you all don't blindly enter the market thinking that another crash is unlikely.
Use these crashes as entry points, as even now I believe they are good prices for the long term!
P.S. In the ultimate bearish case, which I believe is highly unlikely but still a possibility, Bitcoin may visit the $57,000 mark.
Bitcoin and the crypto space are dumping; fear is slowly setting in. Many people are starting to think something is wrong. 😱😓
I know these times can be challenging, but this has all happened before. 💪😤
The crypto space is reacting as it naturally should, just like the 2020 bull run. 🐂🎯
The thing that clouds most people's vision is Bitcoin's early parabolic run to a new all-time high, something we haven't seen before. 👀💸
Of course, we haven’t seen anything like that before, but as we all know, the main part of that price movement is the Bitcoin ETF. 💯🔥
If it weren't for the ETF, I do believe we would still be trading at around $35,000, and we would still be waiting for the bull run to start post-Bitcoin halving. 🐢
The ETFs have led people to believe that the bull run started early when, in fact, the bull run has yet to officially begin. ⛔️🚨
Ethereum and altcoins have historically had massive selloffs just after the Bitcoin halving, and massive volatility for months after. ⏳️
Do not let the ETFs cloud your judgment; we are still on course for the super bull. 🚀📈
Yesterday, a gentleman in the comments asked me a wonderful question, so this post goes out to him. 😊
DCA or dollar-cost averaging is a wonderful tool, especially when Bitcoin and the rest of the crypto market are in this downtrend. 💰📈
So, what is DCA? 🤔
Well, by definition, dollar-cost averaging is the practice of investing a fixed dollar amount on a regular basis, regardless of the share price. 💰📈
With this investment type, you take possibility out of the question. 💸
With this technique, you emphasize time in the market rather than timing the market. ⏳️🕝
When you start, you need to see what budget makes sense, and from then on periodically put a fixed amount of money from the budget into the investment you want. 🧙♂️🚀
You can take this even a step further; you can do this by deciding to put money in the market every time the price of the investment goes down by more than 10%. 🚨🔥
This technique is amazing, even if you are a well-seasoned investor or trader! 📈💰
Take advantage of it, use it, and see the profit you will make from it. 💯