The last time this #Bitcoin signal flashed, we pumped 171% 🚀
$BTC $ETH $SOL

ETH/BTC Has been consolidating down here for the past couple of weeks.

It's a key level to hold to not risk falling much deeper.

This would need to break the falling wedge/down trend channel and horizontal back above 0.046 to look somewhat good again.
$BTC $ETH

Smart money is buying massive amounts of #Bitcoin $BTC

#Bitcoin has just broken the 217-day downtrend! $BTC

#Bitcoin With the recent move, it has finally broken out of the channel it traded in for most 2024.

With this it also broke well above the Daily 200MA/EMA which have been causing some struggles since the Summer.

Short-Mid timeframe trend is also up.

Spot & Chill 🤝
$BTC $ETH $SOL

#Bitcoin Has been moving up in recent weeks and has made multiple higher lows & higher highs.

The big level to watch, which also has a ton of liquidity sitting above it, is the $70K level.

The bulls would want to hold on to the Daily 200MA/EMA to at least make a higher low.
$BTC

109k is just the next rung on the ladder for #Bitcoin

And it's even possible as early as December this year.

The recent rally has a different ring to it, I've got a good feeling about this one.

Everything is coming together for the year of ATHs, 2025.

No recession or bear market on the horizon.

$BTC $ETH $SOL

The market has been consolidating but the stablecoin supply has been growing at a steady pace.

Now sitting at well over $160B+ combined.

It might not be getting deployed all at once, but I'm sure there's still a lot waiting on the sidelines waiting for clarity (Post elections).
$BTC $ETH $SOL

#Bitcoin Starting to move up and getting closer to the top side where there's a big liquidity cluster.

It took out a lot during the August dump 2 months ago.

Right now the biggest clusters on the high timeframe sit above $70K and below $50K. $BTC $ETH $SOL

$METIS S Grinding higher within this consolidation.

Needs to clear these levels up ahead to really get the party started. Above $50, there's not much holding this back.

METIS is one of the L2s which has a good amount of tokens in circulation already, so doesn't get plagued by unlocks as much as the other big L2s.

Especially if ETH starts gaining some traction I do like METIS for an outperformer in the foreseeable future. Did invest into a bag.

There's no memes on METIS yet. I suspect in the current market environment that this shouldn't take too long. Could help with attracting more market participants & capital to the L2.

$APT Testing the big $10 level.

Anything above here is pretty thin in terms of previously traded volume & price action.

There's strong support down at the $7-8 level which have held price up nicely over 1-2 weeks.

This ran to ~$20 two times already this cycle. There has been an increase in tokens unlocked since, but I still think this is one that can run quickly.

Especially if Upbit gets crazy again on the buying like on previous moves. The Koreans really love this coin.

#Bitcoin Rainbow Chart 🌈

Still trading near the bottom half of the logarithmic channel.

I doubt we'll ever see this hit the red colors again as the market has matured where the peaks (and troughs) get less extreme.

I'd be happy with yellow 🤝
$BTC

Maybe better to sit on our hands and not touch anything.

Let it riiiide 🏎️
$BTC $ETH $SOL

#Bitcoin Attempting to break out of the long term channel it has traded in since 2024.
$BTC

#Bitcoin The 200 Week Moving Average Heatmap is still in its "cool" territory.

What this shows is the distance price is trading from the Weekly 200MA.

The closer to the 200MA, the better it is to accumulate.

Price extending far away from the 200MA? Likely good to take profits. $BTC

$BTC Not too much action during the weekend as expected.

Let's see if we'll get back to that Friday CME close price by the time futures re-open tonight.

Overall, pretty regular weekend. Saturday pump into retrace/bleed on Sunday is something we've seen a lot. #Bitcoin

$BTC The Daily 100 Moving Average is a good one to watch.

Throughout the past few months, it has consistently acted as support & resistance with usually a strong initial reaction.

Currently breaking below this and the Daily 200EMA.

The $BTC channel keeps holding.

It has now been well over 7 months of consolidation within this channel.

There have been several attempts at breaking out to either side, all met with a strong reversal.

#Bitcoin Monthly returns are like a traffic light this year. 🚦

Green & Red months alternating each other as price chops around this $60K area on the high timeframe.

No other year in $BTC's history has had alternating months like this. Not an easy year once Q1 ended.

#CPI Coming in slightly higher across the board but nothing major.

Markets little changed in the initial reaction.

$DXY and yields not much change either in the first minute.

Would say that markets do whatever they would do regardless.
$BTC $ETH $SOL