In 2015 $BTC had a similar bullish breakout above the 21-Week EMA, but was rejected by the 50-Week MA 🔨

The pump got fully retraced and on Bitfinex $BTC even made a new Low 🤷‍♂️

It doesn’t have to repeat the 2015 price action, $BTC was obviously smaller and less liquid back then, but this is something to consider.

Watch the 50-Week MA closely!

The 50-Week MA rejected the price 🤷‍♂️

$BTC

It’s hard to be a bear (expect new lows) when $BTC prints a monthly candle like this

$BTC 1M chart update

Bears tried their best, but were only able to sweep the February low in June-July. So pathetic

Now take a look at what Bulls did in August -> closed the monthly candle above the EMA9 & EMA21! That's impressive

This Morning Star reversal pattern on the monthly usually marks the beginning of a new Bull Market 📈 🧐

$BTC

💭 People ask me if I'm still bearish or fully bullish now, still expecting new lows or not, etc.

This is my main scenario as long as we stay above the 200-Day MA.

⚠️ If we lose the 200-Day MA in October-November, that will automatically put new lows back on the table

$BTC 1D chart update

So far so good. This chart is valid

Here's what I'm expecting next: a pump to $85-88k by the end of the month and a 2-month correction after that

$ARB +55% so far 👀

$OTHERS 1M chart

Printed a textbook Morning Star reversal pattern 👀

Still facing the EMA50 resistance though, but the way everything is shaping up September could be pretty bullish for #Alts

$SUI 1W line chart

Looks like $SUI is ready to break out of this giant 500-Day Falling Wedge 👀 📈

Hey $SUI holders, are you ready? 😏

Unfollow Digital Alchemist and don't buy the crap he's promoting!

ORNN is a scam
PLSGT is a scam

❗️ Always DYOR! You can trust nobody on Telegram!

☝️ This is why we're having a pullback today


President Trump calls on the Fed to cut interest rates after the August jobs report nearly triples expectations.

Trump also threatens to "stop trading with countries with which we have a deficit" if the Fed does not cut rates.

Pay attention to $XMR here 👀

It can be a real breakout this time. August had the highest monthly close ever

$2k for 1 $XMR is just a matter of time 😉

Recently I was asked if $LTC could reach a $30B market cap in 2027-2029

I think it's possible. I believe #Litecoin market cap will have to touch that Resistance line at some point.

So my Target would be $36-43B, which is approximately $460-550 for 1 $LTC 📍