CryptoCapo TG
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CryptoCapo TG
​$BTC new attempt to reclaim $65k-66k. ​Let's see if this is the definitive one.
$BTC finally trading above $65k-66k.

Good sign.
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GM

First the charts, then the news.
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CryptoCapo TG
$BTC Inverse H&S meme? Looking good.
$BTC

First bullish confirmation βœ…

Not ruling out a retest of $66k-67k as support, but it might not even happen and just keep making new HHs and HLs above that zone.

https://x.com/CryptoCapo_/status/2090338326058287374?s=20
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$74k-75k is a strong resistance.

We could expect a short-term retracement once that zone is reached.
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CryptoCapo TG
$74k-75k is a strong resistance. We could expect a short-term retracement once that zone is reached.
$BTC

$74k-75k zone reached βœ…

I think this is where we see a short-term correction, maybe towards $69k-70k. Then after that retracement, altcoins should really start outperforming (not only ETH like now, but many others)

This current short-term move is very overextended, this is a strong resistance, and emotions are peaking.

Important:

I'm not turning bearish. I'm mainly bullish for the next few weeks and just riding the entire wave holding a spot portfolio.

These short-term retracements are likely going to be distractions, but it's important to keep them in mind so we are mentally prepared.
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Have a good weekend.
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GM

I still expect a short-term correction (shakeout) of 5%-20%, depending on the coin.

Not ruling out a last LTF leg up towards $80k, but many altcoins are hitting resistance and sentiment is getting way too overheated.

Once again, I'm not selling. In fact, I'll be looking to add to my spot bags if that shakeout happens.

Let's have a great week!
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$80k touched.

Really looking like a short-term local top.
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LTF idea playing out.

It should go lower imo.
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Forwarded from CryptoCapo TG
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I received the message in the screenshot today.

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So if you see an ad for a "premium channel" or a "VIP group", it is NOT mine.

Have a good weekend.
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Most coins remain sideways/correcting.

Still expecting a final 10%-20% shakeout before bullish continuation.
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