Understanding crypto
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Ve Market Forecast
XRP lunatics need to be thanking me atp! yeah, yeah, yeah i do call them crazy and all that, but i'm easily their biggest analyst. I called their bottom at .34 last time and it extended slightly to .32 then went north of $1.
we will see how it goes but for now, it looks good.
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bitcoin is very hot right now (as trump likes to say.. quite frankly, the hottest anywhere in the world) πŸ˜‚

jokes aside, this is looking really good. the key zone to hold on the weekly is 65.7k as we mentioned before. holding it significantly increases the chances that we've bottomed.

We now have 52days left. as we've shown, this follows the historical length of the trenches (give or take a week or 2), So anything may still be possible in this window.

however, we're looking good right now.
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If usdt.D had taken that high, i'd be "100%" certain about this move up on btc and crypto. For now, usdt.D hasn't even taken it's previous higher low, which is why exercising caution might still be imperative.

we never really have a leeway do we? there's always something to worry about.
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Ve Market Forecast
So basically, something like this. just a hypothesis of course. qualifiers and call to action in the video above.

best case: we just keep ripping πŸ˜ƒ πŸ˜‚
worst case: we crash and close the weekly below 65.7k (unlikely)
Ideal case: we surpass or reach 83k and correct.
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Despite the rally on alts, btc dominance is still very much alive and kicking. This means that what we've seen on alts is no where close to what we could have had if btc.D dumped.

This is thing is punishing us for sins we didn't even commit lol.
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Ve Market Forecast
Jim Cramer: Just buy bitcoin
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Ve Market Forecast
Updated chart!
The idea remains the same; however, we now see that a retracement might be shallower than previously stipulated.
We will keep a close watch on price action in the lower TFs. We also (in the video) looked at USDT.D and saw that it has already taken its higher low, thus breaking its trend. So after some moves we will expect a lower high there.

Of course, this is just the ideal move. anything else is possible. Full context in the video above!
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Ve Market Forecast
Hmm… I suspect something completely weird might happen with BTC. I look around and all I see is:

β€œBTC will go to the 80s and move back down for a retracement, then rally.”
β€œBTC will go to the 80s and move back to the 50s and 40s for the proper bull.”

To be fair, the first idea seems more likely. The second isn’t that likely, but it wouldn’t surprise anyone given the recent months in price action.

What’s totally unexpected would be BTC going to its ATH without any retracement at all.
To continue punishing the bears and make it funny, it just keeps ripping πŸ˜‚

Of course, another ironic scenario would be that BTC suddenly turns around and heads to the 30s and remain there till year’s end.

I guess what I’m saying is, I’m seeing a lot of very similar analysis online, some of it similar to mine, and I don’t like it.

We can’t all be right, so it makes me wonder what strange thing BTC can do.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ πŸ€”
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Ve Market Forecast
we closed a weekly candle above the 65.7k zone. I am now more than 80% convinced that the bottom is in.
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