The unborn child of current bull flag. He has no idea of his golden son. The son of this bull flag will bring us the super golden bull. The target of 100k. This in big time frame
The unborn child of current bull flag. He has no idea of his golden son. The son of this bull flag will bring us the super golden bull. The target of 100k. This in big time frame
So far, the range low has been holding well. We just saw a deviation below it. As long as it stays above this level, it should go higher. Clean break above the range high = 74K-76K (main scenario)
Clean break below (no deviations) and the next support would be 65K.
#Bitcoin is experiencing the lowest level of public interest since the beginning of the year. The level of interest is currently the same as when BTC was at $42K.
The big Sunday report: all you need to know: 🚩TA/LCA/Psychological Analysis: To avoid repeating myself and stating what has been said countless times, such as buying at 16K being a good opportunity (the same opportunity that the market presented a few weeks ago at 58-59K, but only a few listened and bought when the best time arrived to accumulate more during the latest dip). Now, Bitcoin is moving sideways between the 67-70K region, and sooner or later, market makers will decide when to send Bitcoin into the absolute super cycle by letting it break through 74K and higher. The market is super healthy, in my opinion, and there is room for much more in the coming weeks, despite fear and greed is high. For now, I would watch the MA100 daily region as strong support and a possible region to add more for those who missed out on buying at the latest discount. There is no reason to give you targets of 50K or even lower, as many clowns on Twitter have done over the last few weeks. While clowns and retail investors have been selling, we have seen one of the most powerful ETF inflows in the last week. Whales 🐋 have been accumulating with aggressive strength, leaving retail investors behind and allowing them to buy higher once again. This accumulation by whales and big players in the region of 68K tells me one thing: we are building a strong support near the 68K region for the next few years, pointing out that the previous bull market top was also located in the region of 68K. The next big moves would be large pumps above the target of 70K, sending Bitcoin to targets between 84-86K in a matter of a few weeks after breaking out! Overall, Bitcoin is still moving sideways within a large range. A breakout from this range is imminent and closer then many people think.
Trump has already gained the initiative in securing voters from the crypto world and will continue with it. Besides accepting campaign donations in cryptocurrencies, openly supporting the crypto industry, and promising to release Ross Ulbricht at the start of his term, he will likely announce significant tax benefits for users.
Now, according to data, 14.4% of American adults own or use cryptocurrencies. However, the percentage of potential voters who are cryptocurrency users increases to 22%. This is a considerable percentage, but let’s not forget that a large part of this number would already vote for Trump before these declarations, and another large part wouldn’t vote for Trump even with this new approach. However, the Democrats will sooner or later realise that they lost this battle to gain voters from this sector, and out of pride, they might decide, instead of trying to win votes from the crypto community, to do the opposite and continue attack the crypto ecosystem even harder. Let’s not forget that U.S government holds approximately $15 billion in cryptocurrency. Which they will sell sooner or later. First, to rise money and finance their electoral campaign. Second, to try to drive prices down and have more arguments to attack the sector. Third, to prevent leaving those assets to the next president, if there is one.
Therefore, I expect Trump to continue adopting a pro-crypto stance in the coming months, and Biden too in the next few weeks, but eventually Biden should do the opposite and become even more aggressive. This would fit with a scenario where prices keep rising for a few more weeks but then see a significant correction before the Elections (probably from July-August to November). Afterwards, it will depend on who is elected. If Trump is elected, 2025 should be a very good year for the crypto market. #USellction2024 #crypto ##TrumpCryptoSupport $BTC $ETH $BNB
IMPORTANT TO READ Keep an eye on the GOLD/BTC chart, which reveals the real value of these two valuable assets. You can spot the double bottom on the chart in 2021 and 2022, corresponding to the double top for BTC in those same years. This marked the beginning of a massive correction down to the 16K region. Now, we are close in reaching that region once again. Despite Gold’s parabolic rise since December 2022, it is in a big downtrend vs BTC. Watch the 0.027 BTC per ounce of Gold level, the same level that market BTC top in 2021 and 2022. The ounce level is equivalent to a BTC price of $86,444.44. This could be the worst-case top scenario (which I doubt), but it is more likely to be the region where the BTC correction will start and the region I will realise some gains. The mentioned region is in my opinion the region in which the next BTC correction will start before continue going up to 100K region and above. This is a very long term thinking and there will be updates on this.$BTC #BTC #BTCPricePredictions #takemoney #100kjourney #cryptupdates
BTC after bouncing from $65K and reaching the first target of $69K-$70K, now we are seeing a retracement. The $66,500-$67,000 zone is support, and it’s forming a higher low so far. If this level holds, the high probability move would be a push into the previous ATH, reaching the second target 🎯 (liquidity zone of $74K-$76K). This is the main scenario. However if this zone doesn’t hold, then it should retest $65K at least. The ETH EFT decision is going to be decisive. Let’s see what happens. $BTC $ETH #ETHETFsApproved #BTC☀ #etherreum
US Senator Cynthia Lummis says “there’s a bipartisan majority in both chambers of Congress in favour of crypto. The future is very bright.” #CryptoNewss #CryptoExperiment #BTC☀ #ETH🔥🔥🔥🔥
As I’ve been saying these past few weeks, the narrative for the potential ETH move up would be the ETH ETF decision. Now it’s about to happen, and the approval has a high probability. If it does, the most obvious target would be the ATH, with ETH/BTC going up too. This scenario would allow altcoins to give some good returns. But you have to choose wisely. If you have carefully read my words in recent weeks, you will have deduced that a part of my portfolio is in the crypto AI sector, specifically in low-cap coins. Let’s see what happens next. The main idea is to expect higher prices. If we get an ETF rejection and I’m wrong, and the market starts reversing, I’d be ready to adapt without any problem. $BTC $ETH $SOL #ETHETFS
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