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Eternel insatisfait
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Altcoin Market Cap has been successfully retesting old resistance as new support for two weeks in a row now #BTC #AltcoinAction

Altcoin Market Cap has been successfully retesting old resistance as new support for two weeks in a row now

#BTC

#AltcoinAction

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$BTC has been hanging out in the same spot for the past three months. I've got a feeling the next surge could be our ticket to some fresh opportunities. You know what they say – the seeds of great returns are sown during the quiet times. 👀 Best get ready now, before things really kick off.
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#BTC    The Post-Halving Bitcoin "Danger Zone" (purple) is officially over And Bitcoin is celebrating with a good bounce from the Re-Accumulation Range Low support $BTC #Crypto #Bitcoin  
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#BTC    This month may be unremarkable for Bitcoin Maybe even next month will also be unremarkable for Bitcoin But we're running out of unremarkable months for Bitcoin before the Parabolic Phase of the cycle begins $BTC #Crypto #Bitcoin   
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#BTC    The Bitcoin "Danger Zone" The Bitcoin Pre-Halving "Danger Zone" (orange) is where historical Pre-Halving Retraces have begun Historically, Bitcoin has performed Pre-Halving Retraces 14-28 days before the Halving This cycle was no different and here's why: Because Bitcoin experienced its first -18% Pre-Halving Retrace approximately 30 days before the Halving History repeated in that respect In fact, in 2016 Bitcoin began its Pre-Halving Retrace 28 days before the Halving and in 2024 it was 30 days before the Halving This 2024 closely mirrored the 2016 in this respect Which is why a Post-Halving "Danger Zone" (purple) also repeated for Bitcoin in this cycle as well The Bitcoin Post-Halving "Danger Zone" In 2016, Bitcoin produced a long -11% downside wick approximately 21 days after the Halving before reversing towards the upside Bitcoin is currently 21 days after the Halving And 2016 history showed that downside volatility around the Re-Accumulation Range Low (green horizontal level) tends to occur And indeed it also occurred in this cycle, with a -6.5% downside wick occurring 14 days after the Halving The "Danger Zone" has been satisfied as a result Overall, the purple Post-Halving "Danger Zone" is on the cusp of ending and Bitcoin just needs to hold above $60600 until the end of the week to be in the clear $BTC #Crypto #Bitcoin   
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Total Crypto Market Cap   2013: $9.7 Billion   2017: $740 Billion   2021: $3 Trillion   We haven't even hit the previous ATH, and people are calling for top 🤦‍♂   Crypto MCap will peak around $10T this cycle.    𝗛𝗮𝘃𝗲 𝘀𝗼𝗺𝗲 𝗽𝗮𝘁𝗶𝗲𝗻𝗰𝗲!
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