Did the indicator predict a good entry point on the $BSV?

Yes, although this is not quite a classic altсoin and it moves atypically, having an open order you could enter at a good price🟢

#Bitcoin Support trend channel.

I have already written about this indicator before. Now we continue to be in the bullish part of the channel, where the middle line is often a support in a bullish market and a resistance in a bearish one.

🤔If you like the indicator, I can add it to the Feels subscription or make a raffle.

$SKL Despite the popular opinion that altcoins are like bitcoin with leverage, here Skale has reached the orange zone + greed.

As you already know these 2 signals(🟠+🟥) are historically a good time to take profit.

$GRT Quite an interesting asset. Now found some support above the yellow zone.

If you look for a pattern, last winter, it also showed quite good volatility, making a move from fear🟦 to greed🟥, which brought a decent profit.

#Bitcoin Gaussian Channel and ETF 👀

Will the adoption of #ETF be able to break the historical pattern?🤔

In each cycle of bitcoin, the price before the halving could not overcome the 0.78 Fibonacci mark, which acted as resistance.

Now the price has again approached this historical resistance, which is about ~50k.

💡In my opinion, we are unlikely to break through this mark, because the fundamental impact of the ETF on the price of BTC requires time, which, by the way, is not much left until the halving.

I think that's when we will feel the impact of these 2 fundamental events. Decrease in supply and increase in demand📈

$HNT Showing good momentum today.↗️

If you look at it in a longer perspective, you can see the excellent performance of the indicator💰

💡Acceptable BTC ETF is a positive for the whole market, so if you want to invest wisely in altcoins, welcome to Feels.

#Bitcoin Gaussian Channel 🐍

While the majority on the joys of adopting ETF, drew forecasts of at least 60k, I said why it won't happen at least so soon.

Now, as in the previous cycles, the 0.78 (49k) zone acted as resistance, and Bitcoin went on a correction.

💡I think that in the near future there will be consolidations with a possible retest of the lower parts of the Gaussian channel. Use this time for the last selection of assets, because there may not be more such corrections in the next 2 years.

$ENS Another good indicator job that made a good profit💰

An asset of $7 was taken on the green zone🟢 + fear.

Now partially locked in profit on greed🟥 + orange zone.

$CHZ tests the yellow line, when this resistance is broken, the asset quite often reaches the orange zone↗️

The best time to buy was, green zone🟢 + fear.

#Bitcoin and RSI 👀

BTC has not had a healthy correction for about 3 months now. All this time, the price did not test the BMS or drop below 50 on the RSI.

What we see now is a bearish signal of a break below 50 and a retest from below. And also a break of the trend line and a retest from below🐻

As I wrote earlier, the ETF will start to have an impact not immediately, but closer to halving, by this time we may have a correction to 37k, or if the power of buyers turn out to be stronger than I expected, consolidation in the area of 40k.

$SC Although the asset has not yet reached the orange zone, today extreme greed appears on the social analysis chart.

This indicates that the asset is becoming more overheated and can expect a correction.

We continue to analyze #Bitcoin using the Gaussian channel (see previous posts) 👀

📝Bitcoin is consolidating in the region of 40k, following the correction from the resistance line that I mentioned earlier. I further believe that a retest of the 37k zone is possible since there is still enough time for halving.

On the wave trend oscillators, a red signal 🔴 is also visible, after which the correction often begins, the only exception here is bullran at the end of the cycle.

💡The situation is similar to the mid-cycle peak at the end of 2019, but now it happened much closer to the halving, so I would not expect such a prolonged downtrend, but only a 1-2 month correction.

$CFX tests an important resistance level, on a breakout I would expect a test of the yellow zone.

Global targets, after an attractive entry point on the signal🟢 in the area of 0.11$, I expect the asset to be at least in the orange zone↗️

#Bitcoin corrections in 2024 👀

There is not much time left for BTC to undergo a significant correction before the halving. Let me remind you that halving significantly reduces the liquidity for sale from miners ⛏️

In recent days, we have had positive inflows from BTC - ETF, which also puts pressure on the price in a positive direction. It should also be remembered that, in general, an increase in the global liquidity of central banks is forecast this year 🏦

💡In conclusion, this year will definitely be positive for BTC. Predicting a correction is quite a difficult task since many more positives should move the price higher than negatives.

📝Basically, I think most technical corrections will be no more than 20-30% from the local peak and BMS retest.

$LINK is prone to consolidations in a horizontal channel〰️

Now he came out and overcomes the yellow zone. Long-term goals, Orange zone🟠

💬Question: Why should I sell on a signal if the market is now bullish and will continue to grow?

🧠That is why, altcoins grow in waves, which I took into account when developing the indicator. And after extreme greed 🟥 + orange zones, there is almost always a correction. $LUNC

$UMA Another double signal, orange zones🟠 and greed🟥

A good time to fix most of the profit in the form of 4x from the entrance💰

#Bitcoin Keltner Channels 📈

The current BTC cycle is often compared to the cycle of 2016 or 2020. Well, let's consider what if this cycle is different.

In the first cycle(2016), we did not have substantive and protracted corrections. The second cycle had a more pronounced mid-cycle peak, and a longer consolidation after it, and even then the 2nd wave of movement.

The current cycle can have a 3-wave movement. What does this indicate?

💡For example, if now the ETF inflow continues to be positive, and in a month everyone will understand that the halving is very soon, this may lead to the fact that there will be no substantial corrections for another 2-3 months.

📝The third wave will begin already after a decrease in sales from miners and an increase in liquidity from lowering interest rates and infusions into the economy.

$IMX has reached extreme greed🟥, this tells us that soon it will be necessary to fix the profit.💰

Especially if you take into account that the asset often stops before reaching the orange zones, I would partially fix starting from the $3.5 mark

$FLR After Fear🟦, where the asset could be considered undervalued, comes Greed🟥

Which means that the asset is already closer to the selling zone, and when the orange zone is reached, you can fix the profit💰

$BTC / SP500 Correlation 👀

#Bitcoin and the SPX mostly correlate (move similarly). It is clearly visible that most of the histogram is green except for some cases which I circled in gray areas.

📝What do we have now? Although they are now maintaining a positive correlation, the latest movement of the stock market is even stronger than that of Bitcoin.

💡The stock market is growing due to optimism about increased liquidity and, of course, the AI narrative, which has had a strong impact on MSFT and NVDA, strongly driving the technology sector SP500.

So far, most analysts agree that 2024 will be positive for the stock market.