Many people ask me which Altcoins should they buy at the bottom of a bear market
๐ In fact, you should focus mainly on #BTC & probably $ETH
Hereโs why ๐
Donโt rush into #Alts, even if #BTC has bottomed out. In 2018 #Bitcoinโs bottom was $3200
And it looked like $BNT bottomed out at $0.46 at the same time
๐ก During the first stage of a new bull market #BTC goes up first and can outperform #Alts, and #Alts can overreact to the first significant correction
$BNT made a lower low in March 2020 while $BTC made just a macro higher low
๐ In fact, you should focus mainly on #BTC & probably $ETH
Hereโs why ๐
Donโt rush into #Alts, even if #BTC has bottomed out. In 2018 #Bitcoinโs bottom was $3200
And it looked like $BNT bottomed out at $0.46 at the same time
๐ก During the first stage of a new bull market #BTC goes up first and can outperform #Alts, and #Alts can overreact to the first significant correction
$BNT made a lower low in March 2020 while $BTC made just a macro higher low
CryptoBullet
$ETH Macro Picture The Bullish Cycle looks complete. Now it's just a Dead Cat Bounce ๐๐ (the price can go as high as $4k before the plunge / if nothing special happens) โ๏ธ Keep this scenario in mind and don't get overexcited
So, $ETH has fallen by 50% since my macro analysis ๐
In March I warned you that it was just a dead cat bounce and we would go much lower
Did you guys listen?
In March I warned you that it was just a dead cat bounce and we would go much lower
Did you guys listen?
$ETH 1W
Can #Ethereum break below its prior cycleโs top? I think it can.
Thereโs a chance that $1200-1400 support block will hold, but I think itโs unlikely
How low can it go?
๐ฏ My ultimate target zone is ~ $800
Can #Ethereum break below its prior cycleโs top? I think it can.
Thereโs a chance that $1200-1400 support block will hold, but I think itโs unlikely
How low can it go?
๐ฏ My ultimate target zone is ~ $800
CryptoBullet
$ETH 1W Can #Ethereum break below its prior cycleโs top? I think it can. Thereโs a chance that $1200-1400 support block will hold, but I think itโs unlikely How low can it go? ๐ฏ My ultimate target zone is ~ $800
โBut on-chain is bullishโ
No, itโs not
This is $ETH MVRV Z-score
I see striking resemblance between 2017-2018 & 2021-2022
More downside to come ๐
No, itโs not
This is $ETH MVRV Z-score
I see striking resemblance between 2017-2018 & 2021-2022
More downside to come ๐
CryptoBullet
$BNB has broken the support on 4h
$BNB update
All targets hit ๐ฏ
More than 30% profit gained with 3x leverage ๐
All targets hit ๐ฏ
More than 30% profit gained with 3x leverage ๐
CryptoBullet
$ETH 1W Can #Ethereum break below its prior cycleโs top? I think it can. Thereโs a chance that $1200-1400 support block will hold, but I think itโs unlikely How low can it go? ๐ฏ My ultimate target zone is ~ $800
$ETH hit my first target zone โ
I think we should consolidate here for a while and even have a Dead Cat Bounce before going to my Ultimate Target Zone of $800
I think we should consolidate here for a while and even have a Dead Cat Bounce before going to my Ultimate Target Zone of $800
CryptoBullet
$AXS update Nothingโs changed It was a nice Bull Trap, but here we are testing the Horizontal Support for the 5th time This is definitely not bullish
$AXS update
Target reached ๐ฏโ
I hope you guys got rid of this shitcoin above $45 back in April when I warned you about a 70% drop ๐
Target reached ๐ฏโ
I hope you guys got rid of this shitcoin above $45 back in April when I warned you about a 70% drop ๐
My #BTC Buy Zone is $19,500 โ $23,500
๐ 200-Week MA + 1.618 Fib extension
I wouldn't dare to call it the ultimate bottom of the Bear Market just yet, but at least we can definitely expect a very strong bounce ๐
๐ 200-Week MA + 1.618 Fib extension
I wouldn't dare to call it the ultimate bottom of the Bear Market just yet, but at least we can definitely expect a very strong bounce ๐
This could be a White Swan Event ๐ฆข โ ๏ธ
#Celsius continues to top up collateral
Their #BTC Liquidation price is now $16,850 ๐
This is a pretty good incentive to get the price down to their liquidation price and take the prize
๐ Celsius is one of the largest centralized gateways to crypto
It raised $864m of venture capital and at one point held over $3 billion of funds for 1m+ customers
As of today, it appears insolvent, and it's taking the whole crypto market with it ๐
#Celsius continues to top up collateral
Their #BTC Liquidation price is now $16,850 ๐
This is a pretty good incentive to get the price down to their liquidation price and take the prize
๐ Celsius is one of the largest centralized gateways to crypto
It raised $864m of venture capital and at one point held over $3 billion of funds for 1m+ customers
As of today, it appears insolvent, and it's taking the whole crypto market with it ๐
CryptoBullet
$ETH Dominance This is a very bearish picture for #Ethereum (and for the rest of $alts as well) Intermediate target: ~16% Ultimate target: ~13% ๐ Time horizon: 6-12 months You better be prepared
$ETH Dominance Update
Intermediate Target Reached ๐ฏโ
I hope my warning helped you to save your capital ๐
Intermediate Target Reached ๐ฏโ
I hope my warning helped you to save your capital ๐
CryptoBullet
S&P500 update My target for the bounce is reached ๐ฏ๐ Now watch closely as weโre at the resistance level. Expecting a reversal from here ๐๐ Downside target still the same - 3,500 region
Update
S&P500 got rejected by my Resistance Zone as expected ๐จ and now approaching my 3,500 target ๐
S&P500 got rejected by my Resistance Zone as expected ๐จ and now approaching my 3,500 target ๐
CryptoBullet
$ETH 1W Can #Ethereum break below its prior cycleโs top? I think it can. Thereโs a chance that $1200-1400 support block will hold, but I think itโs unlikely How low can it go? ๐ฏ My ultimate target zone is ~ $800
Things are developing much faster than I expected ๐
$ETH is already approaching my Ultimate Target Zone
$ETH is already approaching my Ultimate Target Zone
โก๏ธ #BTC has dipped below the Realised price for the first time since March 2020
All eyes on that pink CVDD line ๐
It has historically picked the very bottom of the market. Currently itโs sitting at $15,440
I think itโs the lowest $BTC can go (wicks donโt count)
๐ก The range between Realised Price & pink CVDD line has historically been the ultimate accumulation zone
All eyes on that pink CVDD line ๐
It has historically picked the very bottom of the market. Currently itโs sitting at $15,440
I think itโs the lowest $BTC can go (wicks donโt count)
๐ก The range between Realised Price & pink CVDD line has historically been the ultimate accumulation zone
CryptoBullet
Stablecoin Ratio Oscilator Past bear market capitulations (red) followed by accumulation zones (green) according to stablecoin flows ๐ This time weโve been very close to the red type of capitulation & green accumulation Notice that every time it was a bottomโฆ
This aged well, didn't it?
We did get a bounce in March and after that #BTC crashed like in March 2020 following my dashed arrow ๐๐
We did get a bounce in March and after that #BTC crashed like in March 2020 following my dashed arrow ๐๐
#1INCH 1W
Is this the start of a decent upswing? ๐ง
Falling Wedge broke out ๐
MACD crossed bullish
Now we need to flip that horizontal level (on a lower time frame) and we're good to go ๐
Is this the start of a decent upswing? ๐ง
Falling Wedge broke out ๐
MACD crossed bullish
Now we need to flip that horizontal level (on a lower time frame) and we're good to go ๐