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For low time frame view:

There are 4 tests already.

Following the 5th rule, the next strike will be A breakout. Let's see.
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60k is the bottom of new cycle.

In low time frame, this can push to 67-68k (Local resistance).

If there is any chance to buy at 60k again, JUST BUY MORE.
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60 days accumulation at Nov 2022 before a new bullrun.
125 days accumulation at Dec 2018 before a new bullrun
70 days accumulation at May 2020 before a new bullrun
5 days acumulation at March before It took off


Welcome to Halving | New cycle. We are at day 1

Not sure how long for this accumulation stage.
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It is quite fun and exiting when BTC hit local top and start a distribution zone. That' s zone Alts starts pumping like crazy. We can see alts +50-70% daily.
When Alts finish their job, BTC starts crashing.

It is quite boring when BTC in accumulation zone. Sometimes there are one or two pumping with max 30% daily. Only 2 or 3. The rest of market keeps sleeping until BTC breakout the range to a new bullrun.
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April-Sep 2023

BTC almost unchanged.

Some Alts dropped hard ~-50%
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#WIF Buy Setup

Hat is still on
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Bear Traps EMA25 daily.
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#ONT BUy Setup
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After Halving 2020 & Halving 2016 BTC moved sideway in 3-5 months before a real bullrun effect.

Historically A fact was there was a sell pressure from miners with their outdate-mining-equipments. When the finished selling, shock supply liquidity started and price started booming . . .


There is a big difference at the moment when we observe a huge demand from ETF. Miners are still selling but It is not too small compared ETFs demand, especially HONGKONG ETF at 30th April

So the consolidation will take 2 months or 5 months like past ? I think with the demand of ETFs, the consolidation time will be shorter
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One of them is not like others season

We got them ONG ONT ATA few days ago

What is next?
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#ORDI is one of top hyped alts in last season.

Now It 's slowly bleeding.

When It reaches Major Cluster Support at 20$, BTC will go up.

you don't believe the correlation ? Yes It 's programed to nobody believe in it.
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one year ago.
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#BTC
the gap at 64k is filled fully

the gap at 67k is fill partially
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#BTC Scalp Buy Setup

Tight SL 2%
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#ONG Buy Setup
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close #BTC

-1%
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#BTC

69-70k is a point to short alts another round as we did at 12th April.
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