BTC keeps showing incredible strength. Congratulations to those who are making good profits! I'm still out of the market for a few weeks now. At this point, it doesn’t matter if it reaches $98k, $99k, or if it goes above $100k. The local top could occur at any moment, and this movement could be fully retraced. Some of the reasons why I'm still being cautious:
-Sentiment is extremely bullish here. Retail is piling in massively, aping into memecoins. The memecoin rally feels overextended, and tha
🇺🇸 President Donald Trump is scheduled to meet former FTX CEO Sam Bankman Fried to discuss crypto regulations and possibly grant SBF an early release to work in the Trump administration .
1. $SUI is following the $SOL blueprint nicely but the difference is that SUI is a lot heavier coin than $SOL was in Q1 2021. Purple circle SUI Market Cap is $10B. $SOL Market Cap in the purple circle was $2.3B
2. SUITVL is growing way faster. In 2021, at the same point on the chart 🟣, $SOL TVL was sitting below $150M. Right now SUI TVL is $1.6B 🔥
3. In Jan-Feb 2021 $SOL was pumping on dropping #BTC Dominance: BTC.D lost 10%. This cycle SUI is pumping while the #BTC Dominance is RISING. SUI price: $1 -> $3.9 while BTC.D +5%! This is absolutely incredible.
Imagine how hard SUI will pump when BTC.D finally starts melting down. SUI
Bitcoin is fully ignoring key resistance zones and resistance levels right here. We only saw a very small correction at 88k not even worth to mention before continue going up, this is an extreme strong sign. With this speed we will reach 100k in the next days..
Trump won the U.S. election, which I believe is positive for crypto in the mid to long term. However, I'm still being cautious before adding exposure to the market. The presidential inauguration ceremony isn't until January 20th, and there are still some risk factors in play, including potential sources of strong supply hitting the market. There's also the FOMC meeting today.
So, for now, I'm avoiding the euphoria and FOMO and just waiting.
#Bitcoin - What’s Next? The big Sunday Report: all you need to know.
🚩 TA/LCA/Psychological Breakdown: One month ago, for the first time since Bitcoin's all-time high (ATH), it successfully printed a new higher high, pumping past the previous high of $65k. This challenges the widely-discussed theory of higher highs and lower lows, which many bearish analysts were using as evidence that Bitcoin would continue in a downward trend. Currently, Bitcoin is 8.8% below its peak from Tuesday, which is
#Bitcoin - What's Next? #BTC The big Sunday report, all you need to know: 🚩 TA/LCA/Psychological Breakdown: In March, everyone expected things would keep going up once we hit the 70k region. I urgently made a post announcing the start of a massive sideways movement, and you can still see it today. So far, it's been 191 days of sideways movement inside the box I outlined back in March, and things still seem move in this game of ping pong. When we reach 68k and above, people go insane and turn f
Yesterday's PA was crazy. This is why I don't trust these kinds of pumps. They are mainly driven by perps and spoofing, with the intention of trapping people near resistance levels.
BTC has retraced most of the dump, but alts look weak after yesterday's P&D. It's a sign of preliminary supply. In my opinion, this could be the beginning of the final leg down (shakeout), with BTC potentially reaching $48k-50k and ETH $1.8k-2k. If the thesis is right, altcoins could dump between 25%-50% over the next few days, that's why I have a hedge position open.
Once again, don't panic if this happens. Just be ready for that scenario.
Maybe sooner or later some people understand why there is no day trading. Day trading is scam and only noobs try it and leave it after some time if their IQ allows. The real money is in cherry picking the timing and entry, the golden entries sometimes occur every few days, weeks and the super golden entries once a year.
$UNI is currently an answer to many problems! #UNI
$UNI is a solid project which is still trading at the dip👀
Structure is pretty textbook here📝
Downtrend - Accumulation - Re-Accumulation
We perfectly held above the both key zones in a bear market and formed a bigger accumulation of 980 Days between the ones and another key zone at 23.60% Fib Levels confluence🧐
$TAO #TAO $TAO is obviously dominating the AI mindshare but what’s interesting here is $DEAI taking the second spot 👀
$DEAI ($38M Market cap ) is currently at 7% of all crypto AI mindshare, behind $TAO but well ahead of $FET $GRT & $RNDR which are already multi-billion dollar projects .
Ethereum has been ranging between $2,000 and $2,800 for two months. It appears to be an accumulation range. However, as mentioned in recent days, it is likely that we will see one final shakeout before an expansion, to $1,800-2,000 (the spring phase of the accumulation schematic).
If that potential shakeout occurs, altcoins should dump 20-40%. A ''capitulation candle'' similar to the Covid crash. Don't get scared if that happens. It would probably be one of the best buying opportunities in months.