Dominance

As of now we are standing less than 2% of BTC ATH, the moment we all have been waiting for, except for bears, but who really cares about them now. And the fact that I repeatedly told you that we are going higher is just a humble mind refresher that I'm not delusional

There is a week left till US elections, the fun roller coaster this one is going to be, this is by far the most awaited event of this autumn, lots of bets are tied to the result of this process. Who knows, maybe we'll even reach the projected wild prediction of $127,000 from the replied post🤔😅

Don't get greedy yet, be careful with futures if you trade them. We've got lots of short liquidated recently, so always remember about your r/r management, won't stop reminding you about that

Those of you who are, just like me, chilling in spot - congratulations 🫡 Don't want to jinx it, but with BTC reclaiming ATH we should see some dominance shift (from current total Bitcoin dominance) and see our beloved alts pumping up more and more. That's what history taught me, hopefully rules won't be rewritten now 😉

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CRYPTO | PERRY

Historic stuff 😂:

1. BTC almost breaks through ATH

2. the mood in the market is worse than ever

3. the phrase “Bull Market” is considered an offensive and forgotten term, and those who dare to say “Alt szn soon” are immediately spat in the face.

- Things are moving, ladies and gentlemen

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CRYPTO | PERRY

❗️The only way Kamala Harris can win on Nov. 5th is for Biden to die in the White House's oval office

Only a heroic death from working on the job for the good of US, and nationwide grief will be able to wash away the post-assassination victory vibe that Trump has cultivated in company with Elon in recent months

P.S. If it doesn't happen - then Trump's re-election is part of the common plan and we have to live with it

- Think about it.

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CRYPTO | PERRY

I'm back from my networking trip, need to recharge a bit so I'll be ready for what's to come, especially with what this week has to offer

Nice retraction here for BTC, my alts didn't like it as BTC still heavily dominates, but still 😬

US Elections are tomorrow, so in any scenario there will be lots of movements in the markets, also considering Fed rates decision later this week. Mind you that elections result doesn't mean immediate involvement of the winner in the system, there will still be a need for inauguration process afterwards. Just so we are clear that there might be a 'shock' reaction, but it won't be the only point of influence from these elections

Political sphere also holds some surprises to come soon and influence markets once again, but that'll most likely come after the elections, as big players, which Iran is, usually don't want to mess with such processes

- All in all, things are coming, as I told you lots of times before. Pretty sure our way

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CRYPTO | PERRY

Thinking out loud 🔊

For couple of days in a row lots of kols have been forcing this episode from The Simpsons.

But if you watch the episode itself, you'll see that the notional “woman” in the person of Lisa Simpson has been taking the U.S. into the ruins of the World Financial Crisis since after Donald Trump

i.e. the current election of Trump, then the growth of all markets with the length of +- a year and then the World Crisis with the length of three years, and just a way out of it through the election of a woman president and economic reforms

P.S. Don't be scared of the crisis, it will be later, think about the colossal growth that is about to come. Because for the subsequent deflation of the bubble, it must first be inflated.

- Think

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CRYPTO | PERRY

Euphoria

While your favourite crypto influencers and twitter accounts are busy spamming short ATH messages with rocket and fire emojis, I'm working on things outside of the market that'll work regardless of the direction

But I'm extremely happy to see that everything I was talking about came to fruition. The post-elections euphoria we see right now with new BTC ATHs almost every day/couple of hours is incredible, I like the green candles I see, but it's just the beginning. Those who are rash and too greedy will be most likely left on the sidelines, as market will surely shake some hands off. But its good to see so much crypto optimism around, even if it's a bit rose-colored

Trump is not in the office yet, so everything we have now is just a futuristic optimism about potential moves of new administration. Come January, we'll see what we have. And of course, I wish we go higher in BTC, get some plateau and bitcoin profits pumping alts in a true alt season I'm expecting next year 😉

Grass is green, and this time grass is on our side

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CRYPTO | PERRY

AS S PREDICTED 🫣

Everything is happening exactly as it was predetermined and further described many times by all people with some strategic thinking who have been in the market for more than a couple of days.

One can definitely say that everyone was confused by the shifted timings, but that doesn't change the point. The longer and harder the spring was pulled back, the faster and farther the shot will go - that's just physics, now let's get to the point:

1. BTC on performs:
Desperate housewifes traders are trying to short these God's candles. No doubt, they are being grinded by the millstones of the uptrend. On liquidating shorts, the moves are particularly impulsive. The 100k will be faster than anyone could have imagined and certainly before NY.

100k is the best advertisement of the crypto market in its 16-year history, it will be talked about and written about by all editions of all world media and further the madness that has started will be unstoppable

2. Alt szn:
For three years you have been conditioned to take the minimum profit out of the market, settle for 30-40-50% and walk away. Many continue to do so even now. So that's a major mistake - selling at the very beginning of the alt season, watching from the fence as assets from your sold portfolios grow x50-100-200. Here you go, 2025 is our year, we deserve it.

3. When to sell?:
a) Earlier than х10 - forget about the Sell button
b) Earlier than BTC.D < 45 - do not take USDT out of the market, making overflows
c) the rest - according to the sufficiency of profit

P.S. I went through the portfolio several times and realized that by the current moment I have brought it to a perfectly degenerate state. I will publish it today and then let the market say its word

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CRYPTO | PERRY

What do we have as of now?

There is not so much euphoria in media, but lots of optimistic forecasts, not groundless ones. Trump is not even in administration yet, but it seems that he pays way more attention to crypto now than he did during his campaign, which is of course great for us. Take recent meetings with crypto executives, Tether custodian Lutnick will become the next State Secretary of Commerce, constant talks about BTC reserve and yadda yadda yadda

With all that in mind, we have BTC continuing its' growth, just hitting new ATH at $94k+. But BTC.D is still high as hell, and alts have pretty minor growth compared to what they will have once bitcoin profits flow to the ecosystem. As I told you, there is no point to take USDT out of the market until we hit BTC.D at <45, you'll simply miss out

There is so much to come in 2025, it's even hard to fathom now 😏 So many alts are ready to break the chart, waiting for the 'trigger' to be pulled. I'm even going to enjoy some tropical 'vacation' of sorts, in an attempt to tune into all that growth

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CRYPTO | PERRY

Predictions

Predictions have always held an incredible influence over human decisions, shaping history and economies. From ancient times to the fast-paced crypto world of today, we attempted to forecast the future and these attempts have guided major events, created trends, and shifted the balance of power so to say

We are fascinated by the future and sometimes afraid of it. Some individuals try to tame it, shape it, own it. Some try to see what's behind the curtain, calculate or predict it, and some simply wait for it to happen. While I certainly try to influence the future myself in the areas where I can, there are cases where you can't help but cast a prognosis and hope that the signals you saw are correct

And in case of BTC, it seems that I was quite moderate. I said that we'll get through the $100k line by the New Year. Well, we were just $500 short of a number that so many of us are waiting for, and even more people were saying it's not possible on every occasion they had. And it's still more than a month till the year of 2025 😉

P.S. Time always tells ⏳

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CRYPTO | PERRY

Somehow in all that ATH noise I missed that there will 100% be changes in SEC management. Gotta give it to Gary, he decided not to wait until Trump fulfils his promise on firing him and just announced that he'll step down on it's own. Trying to be a boss one last time, go away on his own terms, bold move that doesn't hurt anyone. He just needs to lay still now and don't mud the waters

Whether the market already priced that change in or not, Gensler is known to be a pain in the ass of crypto, giving out Wells notices almost left and right, so his departure, at least initially, seems like a really good sign. Of course we don't know how many of his decisions were simply political, and how much he actually hates crypto, but nonetheless, having a more openly pro-crypto guy as a SEC chair will benefit the industry much more compared to the current dynamic

And yes, there will be some interesting candidates for that role in the following 1,5 months, and I'd bet that on every solid 'rumour' there will be market moves. But in general there is like a 97% chance that we'll have someone more flexible and willing to negotiate and see through for the future of crypto. And it matters a lot, since SEC's stance and USA regulatory approach basically dictate the same for loooots of countries over the world. Do the math

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CRYPTO | PERRY

Market discounts

When everything seems to be slowly or rapidly growing and you are full of FOMO, you should be ready to act once market gives you a chance. Such chances can be objective market corrections or some black swan events. I'm sure, you are able to differentiate between two

Today we've got US gov moving some bitcoins and flash-crash in South Korea thanks to their president declaring martial law in the country. What's interesting is that both of these events are pretty big, especially Korean one, with local markets absolutely dumping (BTC on Upbit was like $61k 😅), but overall had not that much of a global influence, and it shouldn't bring some degree of depression we had couple of months earlier

Yes, alts bled a little, but it was really just an opportunity for a slightly better entry into the markets. This is way different from what we had in August, and the overall market sentiment is the reason for that. People are not afraid to bid when they see red candles and objective reasons for those candles. Or Korea is just way weaker than Japan in terms of market involvement and influence 😬 Choose your own interpretation of these events and hold your bags, filling them up if you still have stables for bidding, as discounts are there for grabbing 🤝

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CRYPTO | PERRY

FOMO

If you spent at least couple of months in crypto related field, you are well aware of the FOMO concept. For those unlucky souls, who still has no idea what that means - it means fear of missing out, a term coined in crypto long time ago. And this concept has so many examples and illustrations of its work, that sometimes you wonder how people still make the same mistakes

And now, when BTC hit whooping $104,000+ ATH, so many people decided that the rocket will send off, only for their long positions to be liquidated couple of hours later with a decent price retraction 😂 Lots of market participants are afraid that they'll miss their entry point and buy in when everything grows, when in reality you should stick to a strategy of yours and don't pay too much attention to the greed and fomo

With BTC around $100,00k right now we see alts rising, but doing so slowly, all thanks to the still high BTC.D number. When that dominance will loosen its grip, boy oh boy, will we party with our bags growing faster than we can blink

P.S. don't lose your head, or you'll lose your money

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CRYPTO | PERRY

And just in a week from my previous post on that topic, we've got another discount in the market. Hopefully some of you had stables allocated just for that, as the market is already rebounding. Such days will continue to happen even when the bull will roar, as it is needed to keep market conditions healthy

As many say, and it's true, in bull or pre-bull market you should buy red days. These are the days that make your bank. And it's so funny to see how some people around are just in a constant wobble. They want better entry in the market, but when they are given a 15-20% discount on alts, they are afraid to bid. That's what psychology does to a man. When we see +200% on a coin we already count that as 'our' money, but in fact, that's just an asset with relative value. If you don't fix it and convert to stables/fiat/other asset with more-or-less stable value, it just stays an asset, so don't get too attached to the coins and don't think that what you have on your wallet is already a 'guaranteed' value you own. You own assets, not their value, until the moment you convert.

And the fun hasn't even started yet for you to consider it, I told you that before 😉

By the way, that dip was partially connected to yesterday's Google's new quantum chip Willow that is supposedly a break-through in quantum computing. And since we've been always kinda threatened that 'once quantum computing is advanced enough, crypto security is over', market reacted accordingly. But, and it's a big but, it's far from being enough to solve blockchain operations and wallet addresses-private key pairs. And believe me, when such level of computing will be achieved, you'll be hearing not about chips, but about enormous activity from dormant wallets and big holders 🤔

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CRYPTO | PERRY

Lack of patience

Another week in our crypto world that throws off newbies who don't understand what's going on. So many people seeing BTC on the rise over $100k the whole week and alts slowly but surely bleeding. Even though BTC took a hit in the last 24 hours due to Powell comments after FRS meeting, the dominance chart (BTC.D) is on the rise. Which means that most of the capital is still being held in bitcoin and alts are not accumulating volume, as new capital mainly enters BTC

And it's so funny to see some people claiming that last month was 'alt season' since some coins gave decent returns, and that it's over already 😂 Like, genuinely ridiculous. Look at the charts of 2018, 21-22 and draw right conclusions. Those who speak of 'winter' surely lack patience necessary, if they took early signs of green grass as an oasis

There is a month till Trump inauguration in January, we've got holidays ahead, so hopefully not many red days for us, as it'll be a calm before storm. I heard that collective thinking can make wishes come true. So make sure that you wish for green presents in form of Xs on your bags in your letter to Santa 🎅

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CRYPTO | PERRY