How long is left until the offseason?
You can see in the image that the "Altcoin Season" index has recently fallen to its lowest levels since June 2023
Altcoins have been very weak and sluggish for the past 3 months, but on the flip side, we are at a time when many altcoins have lost a lot of value compared to bitcoin.
So this could be a good opportunity, let's say we only had bitcoins at the time and now our deposit is 5x profitable, it would be wise to look for opportunities in altcoins with part of our profit
But we only invested in altcoins, next time we will try to invest in more bitcoinsπ€
Bitcoin dominance is above 60%, if BTC recovers, altcoins could see a sharp rise
Therefore, in the coming months, it may be more profitable to accumulate altcoins that have a strong community, are traded in large volumes, and are cheap compared to BTC...
Note that it says "ACCUMULATE", not buy one at a time. It may take months for us to recover from the crash we saw in the market a few weeks ago, so if we plan accordingly, we won't get bored.
I didn't write this to give hope, the era of altcoins will also come!
You can see in the image that the "Altcoin Season" index has recently fallen to its lowest levels since June 2023
Altcoins have been very weak and sluggish for the past 3 months, but on the flip side, we are at a time when many altcoins have lost a lot of value compared to bitcoin.
So this could be a good opportunity, let's say we only had bitcoins at the time and now our deposit is 5x profitable, it would be wise to look for opportunities in altcoins with part of our profit
But we only invested in altcoins, next time we will try to invest in more bitcoins
Bitcoin dominance is above 60%, if BTC recovers, altcoins could see a sharp rise
Therefore, in the coming months, it may be more profitable to accumulate altcoins that have a strong community, are traded in large volumes, and are cheap compared to BTC...
Note that it says "ACCUMULATE", not buy one at a time. It may take months for us to recover from the crash we saw in the market a few weeks ago, so if we plan accordingly, we won't get bored.
I didn't write this to give hope, the era of altcoins will also come!
Please open Telegram to view this post
VIEW IN TELEGRAM
π5β€2
The markets are tense as you can see! But...
π€‘ Trump is still undecided on tariffs, but the market took a breather yesterday after Commerce Secretary Lutnick suggested a deal was possible.πΊπΈ The ISM manufacturing index (PMI) in the US had previously fallen, fueling fears of a recession, but today the PMI rose again, giving people some reassurance.πΊπΈ Today it was revealed that more than $241 billion was withdrawn from the US government's accounts, which is not surprising given that this money is being added to the market to increase liquidity.π©πͺ On the other hand, Germany is also allocating (or rather printing) new money to support the economy.π )π¨π³ China has also started to give more money to banks and increase liquidity
π»
Gold and other precious metals are the lowest-risk assets, so they are acting as a refuge for those seeking tranquility and peace from the fear of these days.
π¦
With oil prices falling, demand for precious metals (gold, silver) remains high
π¦
However, gold and silver ETFs are still seeing gains.
πΊπΈ
Important US jobs data will be released on Friday. It would be nice if everything turned out well and the market rose again.
π¦
BlackRock CEO Larry Fink says markets will be very volatile this year, but downside could be an opportunity.
Please open Telegram to view this post
VIEW IN TELEGRAM
BTC dominance is currently at 61.36% . The 61.50% level is a significant resistance point, and if this level is successfully broken, the next target could be around 64% .
However, if the price breaks below this resistance, the nearest support area is at the FVG (Fair Value Gap) zone. If this zone fails to hold, the next strong support is at 58.50% , and the price is likely to decline to this level.
π Conclusion:
- Consolidation above 61.50% - there is a high probability of continued growth.
- Break of the FVG zone - the price may drop and test the 58.50% level.
Traders should monitor these key levels and set strategies accordingly.
πΌ If BTC dominance increases β Altcoins will weaken relative to Bitcoin, meaning most capital will flow into BTC. Altcoins may decline or slow down their growth.
π½ When BTC dominance falls β Altcoins will strengthen, meaning traders will exit BTC and invest more in altcoins. The potential for growth in the altcoin market increases.
However, if the price breaks below this resistance, the nearest support area is at the FVG (Fair Value Gap) zone. If this zone fails to hold, the next strong support is at 58.50% , and the price is likely to decline to this level.
π Conclusion:
- Consolidation above 61.50% - there is a high probability of continued growth.
- Break of the FVG zone - the price may drop and test the 58.50% level.
Traders should monitor these key levels and set strategies accordingly.
πΌ If BTC dominance increases β Altcoins will weaken relative to Bitcoin, meaning most capital will flow into BTC. Altcoins may decline or slow down their growth.
π½ When BTC dominance falls β Altcoins will strengthen, meaning traders will exit BTC and invest more in altcoins. The potential for growth in the altcoin market increases.
β€2π2
Bitcoin price has shown a βsell the newsβ pattern despite the long-awaited creation of the US strategic reserve. The biggest disappointment is that the government does not plan to buy Bitcoin through the market at current prices.
After the announcement, the price fell from $91,000 to $85,000, but soon managed to recover to the $88,000 level.
Bitwise states that the main goal is not to buy Bitcoins from all over the world, but rather:
β Other countries may follow the path of the US,
β The possibility of the International Monetary Fund (IMF) and other regulators banning Bitcoin has decreased,
β Government reserves, pension funds, and investment funds can buy Bitcoin,
β Most importantly, the possibility of a 200,000 BTC pressure on the market has disappeared.
After the announcement, the price fell from $91,000 to $85,000, but soon managed to recover to the $88,000 level.
Bitwise states that the main goal is not to buy Bitcoins from all over the world, but rather:
β Other countries may follow the path of the US,
β The possibility of the International Monetary Fund (IMF) and other regulators banning Bitcoin has decreased,
β Government reserves, pension funds, and investment funds can buy Bitcoin,
β Most importantly, the possibility of a 200,000 BTC pressure on the market has disappeared.
β€2
The Strategic Bitcoin Reserve β includes the possibility of buying more BTC in the future. That is, it is "fiscally neutral" and can be purchased again at the expense of the following extrabudgetary funds, in addition to tax revenues:
- $39 billion from the Currency Stabilization Fund;
- $160 billion from SDR trading;
- $800 billion from the revaluation of gold certificates;
- and so on.
Digital asset stock β These are mostly altcoins and have no possibility of further redemption other than confiscation or criminal forfeiture.
Currently, the US government has 198,109 BTC on its balance sheet , but 94,000 BTC of it must be returned to the Bitfinex exchange in accordance with a US court order. These Bitcoins were stolen by hackers from the Bitfinex exchange in 2016, and the US government confiscated them from the hackers. Yesterday, D. Trump publicly announced that the US government has 200K BTC, now they will be audited and the question of bringing it to 200K remains open after they know the actual reserve.
Most importantly, the US has started a strategic reserve. It's China's turn and other countries. They also have a lot of them... So a BTC race between countries may begin.
Please open Telegram to view this post
VIEW IN TELEGRAM
π1π1
Experts say that trading CS2 skins is becoming more profitable than stocks and crypto-asset coins.
The gaming skins market has reached a total of $4.3 billion and has grown by 20% in the last three months.
The price of CS2 skins is growing more steadily than crypto-assets and stocks of large companies. The value of skins depends on the popularity of the game, its rarity, and other factors.
The gaming skins market has reached a total of $4.3 billion and has grown by 20% in the last three months.
The price of CS2 skins is growing more steadily than crypto-assets and stocks of large companies. The value of skins depends on the popularity of the game, its rarity, and other factors.
β€3
π Important news expected for the blockchain world this week:
πΈ Monday
- The US House of Representatives is debating the Genius Act bill on stablecoins.
- China will impose additional tariffs on certain products imported from the United States.
- Binance delists ERN token due to rebranding. It will be relisted under the name EPIC on Thursday.
πΈ Tuesday
- Second final decision from VanEck, 21Shares, Canary, and Bitwise for Solana ETFs is expected to be announced. (SOL)
- An update will be made on the Horizen network. (ZEN)
πΈ Wednesday
- At 5:30 p.m., the US annual inflation rate will be announced.
- SushiSwap is performing a major network upgrade. (SUSHI)
πΈ Thursday
- At 5:30 p.m., the US annual producer price index will be released.
πΈ Friday
- The temporary spending law for the US government, passed during the Biden era, is about to expire.
πΈ Monday
- The US House of Representatives is debating the Genius Act bill on stablecoins.
- China will impose additional tariffs on certain products imported from the United States.
- Binance delists ERN token due to rebranding. It will be relisted under the name EPIC on Thursday.
πΈ Tuesday
- Second final decision from VanEck, 21Shares, Canary, and Bitwise for Solana ETFs is expected to be announced. (SOL)
- An update will be made on the Horizen network. (ZEN)
πΈ Wednesday
- At 5:30 p.m., the US annual inflation rate will be announced.
- SushiSwap is performing a major network upgrade. (SUSHI)
πΈ Thursday
- At 5:30 p.m., the US annual producer price index will be released.
πΈ Friday
- The temporary spending law for the US government, passed during the Biden era, is about to expire.
π2
Please open Telegram to view this post
VIEW IN TELEGRAM
β€3π2π₯1
Bitcoin is currently in a downtrend, forming a smaller uptrend. However, given that the main trend is still down, this small uptrend may only be short-lived and may start to decline again after reaching the trend line. Therefore, it is important to carefully monitor the trend for breakouts.
π To talk about a clear increase, Bitcoin needs to break the $86,200 level. If this level is broken, a bullish signal may be activated. However, if selling pressure comes from this level and the price starts to decline again,π Bitcoin is likely to fall to $81,000. The probability of a decline is high at the moment, as the price is moving away from liquidity while it is rising and is being formed by bot trading rather than real volume. This can also be seen from the candlestick pattern.
Please open Telegram to view this post
VIEW IN TELEGRAM
β€4
Pavel Durov allowed to temporarily leave France
Telegram founder Pavel Durov was arrested at Le Bourget airport in August 2024 and banned from leaving Paris on charges including terrorism, money laundering, and drug trafficking.
According to the French International News Agency (AFP); it has now been revealed that Durov is on his way to Dubai.
The TON crypto-asset's reaction to this news is positive.
Telegram founder Pavel Durov was arrested at Le Bourget airport in August 2024 and banned from leaving Paris on charges including terrorism, money laundering, and drug trafficking.
According to the French International News Agency (AFP); it has now been revealed that Durov is on his way to Dubai.
The TON crypto-asset's reaction to this news is positive.
Please open Telegram to view this post
VIEW IN TELEGRAM
β€4π4π₯2
Elon Musk's artificial intelligence bot, Grok, appears on Telegram
On March 19, Pavel Durov announced that his social network Telegram had reached over 1 billion monthly active users. Elon Musk congratulated him on the achievement.
After that, Durov was asked if Telegram and the Grok chatbot created by Musk's xAI startup would be integrated. Durov answered in the affirmative.
A special bot for Grok, @GrokAI , has appeared on Telegram. According to reports, it will be available for free only to Premium subscribers.
On March 19, Pavel Durov announced that his social network Telegram had reached over 1 billion monthly active users. Elon Musk congratulated him on the achievement.
After that, Durov was asked if Telegram and the Grok chatbot created by Musk's xAI startup would be integrated. Durov answered in the affirmative.
A special bot for Grok, @GrokAI , has appeared on Telegram. According to reports, it will be available for free only to Premium subscribers.
β€3π2π«‘1
This media is not supported in your browser
VIEW IN TELEGRAM
βͺοΈI urge the US Congress to pass legislation to regulate stablecoins.
βͺοΈ We will create a crypto reserve and not sell digital assets like Biden.
βͺοΈ Stablecoins increase the dominance of the dollar.
βͺοΈ I urge the US Congress to pass a crypto-reserve bill.
Please open Telegram to view this post
VIEW IN TELEGRAM
β€7π«‘2π1
This media is not supported in your browser
VIEW IN TELEGRAM
π¦ Rising US dollar inflation will lead to a tightening of FED policy, which will cause investors to withdraw from risky assets. Conversely, the FED will lower rates, increasing investors' interest in risky assets.
Please open Telegram to view this post
VIEW IN TELEGRAM
β€3π₯2π1
β Bitcoin has a fixed supply of 21 million coins, making it a scarce asset. But what if all the BTC in circulation were bought up? Hereβs what could happen:
β’ Bottom Line: If all BTC were bought and held tightly, Bitcoin would become an ultra-rare asset, but trading and usability could suffer. However, markets always find a balance, and some holders would eventually sell, keeping Bitcoin alive.
Please open Telegram to view this post
VIEW IN TELEGRAM
β€2π«‘2π1
Crypto markets donβt move randomlyβglobal economic factors play a huge role in price action. If you want to trade like a pro, you must understand how these key indicators impact Bitcoin and altcoins.
β’ When interest rates rise, borrowing becomes expensive, and investors pull money out of riskier assets like crypto. β Bearish for crypto
β’ When interest rates drop, liquidity increases, and risk-on assets pump.
β Bullish for crypto
β’ The Federal Reserve (FOMC) meetings announce rate changesβcheck their calendar!
β’ High inflation can make Bitcoin attractive as a hedge against fiat devaluation. β Bullish
β’ Lower inflation reduces the urgency for alternatives like BTC. β Bearish
β’ The CPI report is released monthlyβbig moves happen on this day!
β’ A strong job market = more disposable income = more crypto investments. β Bullish
β’ High unemployment = less money for risky assets = Bearish
β’ The NFP report is released on the first Friday of every month.
β’ A strong dollar makes BTC less attractive. β Bearish
β’ A weak dollar boosts BTC as an alternative store of value. β Bullish
β’ DXY moves daily, but watch for big news from the Fed and economic data releases.
β’ Higher yields attract capital to bonds, taking money out of crypto. β Bearish
β’ Lower yields push investors into riskier assets like BTC. β Bullish
β½6. Oil Prices β Indirect Effect
β’ Rising oil prices β higher inflation β possible rate hikes β Bearish for crypto
β’ Falling oil prices β lower inflation β easier monetary policy β Bullish for crypto
β’ More money printing = more liquidity = higher risk appetite. β Bullish
β’ Tighter money supply = less cash for speculative assets. β Bearish
β’ Crypto bans, lawsuits, or restrictive laws = Bearish
β’ Crypto-friendly policies, Bitcoin ETFs, or legal adoption = Bullish
β’ Every 4 years, Bitcoinβs mining rewards are cut in half, reducing new supply. Historically, this leads to a huge bull run within a year.
Please open Telegram to view this post
VIEW IN TELEGRAM
β€2π1π₯1
β If youβve been in crypto for a while, youβve probably heard of Michael Saylor β the guy who keeps buying insane amounts of Bitcoin no matter what the market is doing. But who is he, and why is he so obsessed with BTC? Letβs break it down.
Michael J. Saylor is an American entrepreneur, co-founder, and Executive Chairman of Strategy (formerly MicroStrategy), a business intelligence company turned Bitcoin powerhouse. He was born on February 4, 1965, and became a billionaire during the dot-com boom. However, in the early 2000s, he lost most of his wealth after Strategyβs stock collapsed due to accounting errors.
Saylor went full Bitcoin maxi in 2020. He called Bitcoin βdigital goldβ and started converting Strategyβs cash reserves into BTC.
β’ August 11, 2020 β Strategy bought 21,454 BTC for $250 million, marking the first public company to make such a move.
β’ September 14, 2020 β Bought another 16,796 BTC for $175 million.
β’ December 2020 β March 2021 β Saylor kept buying, accumulating over 91,000 BTC by March.
β’ October 2023 β Strategyβs BTC holdings surpassed 158,000 BTC.
β’ March 19, 2024 β The company announced they now hold 214,246 BTC, acquired for $7.53 billion at an average price of $35,000 per BTC.
Saylor believes:
β’ Institutional FOMO β After Strategy, other companies like Tesla and Square followed.
β’ Bull Market Catalyst β Every time Strategy buys, Bitcoinβs price gets a confidence boost.
β’ HODL Mentality β Saylor never sells. His strategy is simple: buy, hold, buy more.
Please open Telegram to view this post
VIEW IN TELEGRAM
β€3π₯1π―1