CryptoCapo TG
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Official and free Telegram channel of @CryptoCapo_ from Twitter.

This is the only TG that I have. Beware of scammers. I will never DM you first.

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β€œWhen everything is about you, there is little room left for anyone else.”

Always remember to look out for others, especially those who care about you. You don't know what they might be going through...

Let's have a great week.
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Memecoins are useless by default, but seeing what’s launching lately is a whole different level...

The market really needs a strong, quick shakeout before continuing higher.
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$BTC idea
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After riding this wave from the low $60ks, I remain cautious short-term.

This looks very overextended for now, and seems like the market is going to flush some leverage and reset indicators before continuing higher.
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Reevaluating the situation, but this looks like a bull trap.
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Indeed, no changes.

This is likely going down soon.
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Expected retracements from here:

β€’ $BTC: 10% - 15% ($65k - $70k)

β€’ $ETH: 15% - 20% ($2k - $2.1k)

β€’ Altcoins: 20% - 25%

β€’ Memecoins: 25% - 40%
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CryptoCapo TG
$BTC idea
Same same.

Don't get trapped in LTF noise. Focus on the big picture.
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FOMC today. ⏰ 7pm GMT+1

Expect more volatility. Likely bearish.
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There might be an initial dump & pump, touching both $74k-75k and $76k-77k.

Short-term noise.

But then, we should see $60k levels, with $65k being the confluence target.
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It could still retest $76,700-77,000.

But once again, this is short-term noise.

Better to zoom out and focus on the main targets.
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CryptoCapo TG
It could still retest $76,700-77,000. But once again, this is short-term noise. Better to zoom out and focus on the main targets.
GM

$76,700 was indeed retested.

Many are flipping bullish again, and I don't see reasons to do so.

Mid-term bullish (next months) yes, but LTF still looks bearish.
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Pretty much accurate for over a year straight, yet some replies are negative, and engagement keeps dropping.

This shows how people can be so blind to reality. Mostly a reflection of the state of the market, social media, and the world overall.

Not that engagement is my focus, not at all. But it's interesting to observe from a behavioral perspective.

I'll just keep delivering top quality content. I know it helps and gives perspective to many of you who really appreciate it.
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CryptoCapo TG
Something like this. Then reevaluate.
#ALTCOINS

Same idea.
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CryptoCapo TG
GM $76,700 was indeed retested. Many are flipping bullish again, and I don't see reasons to do so. Mid-term bullish (next months) yes, but LTF still looks bearish.
$BTC reclaimed the range low and has just touched $80k again.

Wrong on that last idea, but I still think LTF is bearish and $60k levels are likely before the main bullish move towards $100k levels.
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$ETH
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''In a world full of darkness, be a light''

Have a good weekend.
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