You guys wondering what really happened with $BTC and $ETH 🤣 even after FOMC and CPI report we're still in bearish trend in on LTF, The inflation reduced but still the market didn't pomppp 🤣 Interests rate stayed unchanged $BTC no more following SPF 🤣 Alts bleeding, Dominance increasing and look at you whose balls deep in longs I'm pretty surprised to see binance square every second person is underwater 🤣🤣🤣😂
In 1875, Samuel Benner published an analysis titled "Periods to Make Money," where he described cyclical patterns and used them to predict years of panic and periods conducive to capital growth.
💰 Period A - Years of Panic: These are the years when the market panicked, buying or selling stocks irrationally, causing prices to soar or plummet beyond the wildest expectations.
💰 Period B - Good Times: These are the years Benner referred to as times of high prices and the best times to sell stocks, values, and assets of all kinds.
"Best time to sell assets" - pay particular attention to these words. This means that when Period B arrives (in 2026), you shouldn't start buying; you should already be selling! Think about that.
💰 Period C - Hard Times: In these years, Benner recommended buying stocks, commodities, and assets and holding them until the "boom" of good times, and then selling them off. This is what I have been doing personally and what we have been doing with the club: preparing and accumulating.
Looking into the future, Benner's cycle described a transition from hard times and low prices to gradual recovery in 2024. In general, you can reflect on the events of the past few years and see how they align with these cyclical movements.
$ETH #Ethereum started its rally? After a breakout the price increased by 17.17%. There is a probability now to see a retest at around $4100 (previous high).
Market liquidations over the past day, according to CoinGlass: ~71K traders, totaling ~$130 million — approximately 80% long positions and 20% short positions.
Last week, risk assets like BTC came under pressure due to geopolitics and rising inflation expectations in the US. This led to a bounce from 63.5K to 60K.
Currently, at the start of the new week, there’s no significant buyer activity. Rather, there’s a local squeeze towards 60K, where an important psychological support zone resides.
There are chances for growth, but only if BTC breaks above 63K and manages to hold there. Nonetheless, the prospects favor breaking below 60K and initiating a descent towards the lower boundary of the descending channel. That’s what I’m counting on.
#Bitcoin & #Ethereum are both in descending channels, forming a downward trend. Compared to previous scenarios with money flow on the 1D, it seems they're trying to reverse to the upside.
BUY/LONG positions could become available if, on a macro level, we see a higher low that could potentially retest the top of these channels.
According to the market structure, there's also a probability of retesting $2.5k $ETH and $52k $BTC
$ONE #Harmony is trading within a descending channel. There's a significant chance we'll see a retest at the top of the channel (resistance).
While the price consolidates in the channel's mid. range, my next targets would be those 2 supply zones: $0.02195; $0.02590. Keep an eye on this channel. #altcoins #Cryptosignals #FuturestradingSignals
$BTC Bitcoin to the $100k!? Trying to compare previous bull rallies to the potentially upcoming one. Market structure looks the same. Even the money flow looks like it’s rising as in previous cycles.
Do you believe in this setup? Don’t be shy and smash an EMOJI if you believe in that promising $100k! #BullorBear #bitcoin #crypto2024
$BOME #BookOfMeme is still in this descending trend. At least there is a possibility to connect LH dots. Waiting for a breakout. Keep an eye on this channel.
If it breaks to the upside (through this resistance trend line) my target would be $0.0155-$0.0181. This setup is invalid if we break to the downside as I illustrated. #bullorbear #bome #MemeCoinsSeason