🚀 Let's start by discussing my expectations for $BTC this year

The cryptocurrency market is cyclical. Each of these cycles includes a growth phase (bull market) and a correction phase (bear market).

🤖 Of course, these cycles are not identical. That would be too simple. But by looking at historical data, we can track certain patterns.

🛑 The main growth of $BTC always happens after the halving. After coming out of the bear market, $BTC spends several months in accumulation. During this time, large players are building their positions. Only after this does the growth phase begin.

🛑 In each subsequent cycle, the returns of $BTC have decreased. This is due to the high market capitalization. The larger it is, the harder it is to move the price.

Yes, in this cycle, $BTC is unlikely to make 2000% like in 2017. But considering new sources of capital and a positive macroeconomic backdrop, a +200-250% increase from current levels by the end of the year is quite a conservative forecast

😎 $WLD - Exploring the Project's Prospects

A comprehensive analysis includes not only price charts but also fundamental indicators.

👉 Fundamental Analysis:

The project, created by the founder of OpenAI, promotes a system of digital identification and basic income. Among its investors are Coinbase Ventures, DCG, and Blockchain Capital.

Worldcoin has attracted significant investments, but its technology has yet to be implemented in any country. The reason lies in privacy issues.

👉 Technical Analysis:

During the price discovery phase, $WLD set an ATH around $11.70, then corrected by 60%. Now, the buyers' nearest target is to recover above the 0.236 fib level.

If it consolidates above this level, a new uptrend may develop. The fib levels marked on the chart can be used as mirror supports/resistances.

👉 Despite the strong growth in March, the project's potential is still untapped. If the company finds a solution to the privacy issue, it will be a strong buy signal.

😛 Let's Talk About $BTC Dominance and Future Market Prospects

The dominance index (BTC.D) shows the share of $BTC's market capitalization relative to the total market capitalization.

◼ For the past two years, the daily BTC.D chart has shown a steady upward trend. Recent attempts to break the support level were unsuccessful, and dominance has risen back above 55%.

The main reason for the rise in BTC.D is the full focus of institutional capital on the Bitcoin market. Large corporations are not interested in L1 and L2 solutions, betting on $BTC as digital gold capable of protecting them from inflation.

So, should we abandon altcoins?

◼ No. This situation is temporary. Look at the chart. During the accumulation phase, dominance always rises. However, the beginning of a bull market is always accompanied by a drop in the indicator and a surge in altcoins.

Currently, the main buyers are whales, but as market hype grows, retail investors will enter. For them, $BTC at $65,000 is too expensive. This is when we will see capital flow into altcoins.

🤧 Let's Talk About Inflation and Its Impact on the Market

Inflation in the US stands at 3.4%. Following this news, the market emerged from correction and showed an upward impulse. Inflation is controlled, and the Federal Reserve may start lowering the key interest rate later this year.

Why is this important?

◼ The cost of credit and the availability of money directly affect capital inflow into the markets.

◼ Investors will seek higher-yielding assets than bonds (e.g., Bitcoin ETFs).

The rise in the key interest rate has been one of the reasons for the bear market over the past two years. It has affected not only crypto but also the stock market.

Note that Bitcoin's rise at the end of last year coincided with the halt in rate increases. Now, the Fed is preparing to lower it.

🙂 How will $BTC react to the easing of monetary policy? In 2020, we had a clear example - you can see it on the chart. I think this scenario will repeat this year.

😴 What to Expect from $BTC Next Week

Bitcoin has broken above the daily 50MA and has already consolidated above it. From a technical analysis standpoint, this is a strong signal of buyer dominance.

Considering the positive news backdrop and increasing capital inflows into Bitcoin ETFs, my priority scenario remains continued growth. I see two possible developments in the coming days:

◼ Growth from the current levels with an attempt to break the descending resistance ($68,900).

◼ A retest of the daily 50MA, a rebound, and continuation of the uptrend.

😎 Although a retest of the moving average suggests a dip to the ~$65,000 area, I would prefer to see this movement. If the level withstands the sellers' pressure, it will be the final confirmation of a local reversal and the end of the correction.

🏃‍♂️ Hello everyone!

Let's kick off the workweek with an update on the market situation:

◼ $BTC - $66,880. $ETH - $3,104. $BNB - $576.8;

◼ Last week, inflows into Bitcoin ETFs resumed. Companies acquired 14,389 $BTC worth $1 billion;

◼ On the 12-hour chart, $BTC has formed a golden cross. The last time this signal appeared was in October 2023, preceding a 170% rise.

◼ The market capitalization of $BTC is growing faster than its realized capitalization (screenshot). Historically, this trend lasts ~2 years and accompanies a bull market.

Both technical and fundamental analyses suggest a high likelihood of growth in the mid-term. My strategy remains unchanged - continuing to focus on buying.

👉 I've already spotted a couple of promising coins, and I'll publish the setups throughout the day.

😒 $AEVO - Preparing for a Trend Reversal

Last week, the project conducted an unlock for funds and influencers. As expected, most of them dumped their tokens. The price of $AEVO dropped by 33% in a day.

◼ A strong order block in the $0.78 - $0.75 range has prevented further correction. After a slight recovery, the token entered an accumulation phase. Although spot volumes are still relatively low, the OTC market shows increased activity.

The token is trading at -75% from its highs. The current situation looks like an excellent buying opportunity.

👍 I've started building a mid-term position in $AEVO within the $0.81 - $0.75 range. My targets are $1.30 and $1.88. The expected trajectory is marked on the chart.

😵 $BTC - $72,000. $ETH - $3,600. What's Next?

Last night, our growth scenario played out. Not only did Bitcoin show good dynamics, but the altcoin market also performed well.

Several fundamental factors contributing to the growth:

◼ Capital inflows into Bitcoin ETFs have approached their maximum levels again.

◼ The SEC has sent requests to update applications for Ethereum ETFs. Experts estimate a 75% chance of approval.

◼ The U.S. House of Representatives will vote on a bill to regulate cryptocurrency as a commodity.

What I expect from the market in the near future:

Institutional interest in altcoins is growing. We can already see the reaction on the dominance chart. As before, I expect the market to continue growing and the altseason to begin.

😐 Our positions are already in excellent profit, but before the start of the parabolic phase, I want to add a few more coins to my portfolio. As always, I'll share my trades with you.

😱 My Plan for 2024 - Adding Altcoins to My Portfolio

◼ The year 2017 is long gone. Coins no longer shoot up thousands of percent just by launching. However, genuinely strong projects still provide good returns, and such projects are emerging right now.

◼ The chart highlights the period when the most promising and profitable coins of the last cycle were released. $MATIC, $SAND, $SOL, $AVAX - all entered the market amid the Bitcoin halving hype.

◼ Developers know this is the best period - the cycle is just beginning, and the growth potential is enormous. Therefore, new coins that people have been waiting for years are coming out now - $STRK, $ZK, and $ZETA.

😛 Old altcoins are of no interest to anyone. In 2021, coins like $NEO and $EOS couldn't even reach their previous all-time highs. All attention was on new projects. I believe this history will repeat itself this time.

P.S. Investing in new projects should be approached with caution. If you are offered to buy a "new promising coin" on Uniswap with promises of a quick listing on Binance, they are trying to scam you. Never buy such tokens.

👶 $APT - Signaling Continued Growth

After a correction of over 50%, buyers have re-entered the market, and $APT is preparing to form a new uptrend.

◼ On the four-hour timeframe, $APT has formed a descending triangle, broken through its upper boundary, and has already consolidated above it. Judging by the outflow of $APT from exchanges, a large buyer is taking advantage of the market pullback to accumulate positions.

I believe we will soon see a retest of the upper boundary of the symmetrical triangle and a continuation of the recovery.

👉 I've started building a mid-term position in $APT within the $8.90 - $8.40 range. My targets are $13.27 and $18.40. The expected trajectory is marked on the chart.

👶 Pumps of $PEOPLE, $YGG, $CYBER - What They Have in Common

They all share the same market maker - DWF Labs. The scenario often follows an identical pattern.

◼ The project signs a market-making agreement with DWF Labs and transfers large volumes to its address;
◼ The announcement of the collaboration triggers a pump;
◼ The funding becomes astronomical;
◼ After accumulating funding volumes, a final pump follows, often around 300-400% to maximize profits.

The latest example is $PEOPLE, which soared by 160% just in the past week.

😒 While many investors chase fundamentals (and fundamentals are very important!), the market isn't that straightforward. Hype, pumps, and manipulations are what define the real crypto market. Some may dislike this, but I prefer to profit from it.

🙂 $BNB - Expecting Continued Uptrend

In the past few months, $BNB has shown some of the best performance among top altcoins. The technical picture indicates complete buyer dominance.

◼ Take note - during the recent market correction, many altcoins lost over 60%. Meanwhile, $BNB only retraced 20% and stayed above the 50MA on the daily chart - even the $BTC market doesn't show such trend strength.

In the medium term, I expect $BNB to continue its growth.

😱 The 50MA serves as strong support. Any correction to this level should be seen as an opportunity to add to the position. The next target is $730.

👆 The global correction is still ongoing, or should we expect a recovery?

As we discussed yesterday, the crypto market is highly manipulative. While traders were expecting a pump on the news, the market had its own plans. The result – over $400 billion liquidated in a day.

🟣 Check out the $BTC chart. It took more than 2 months to gain 50% in price after the ETF launch. ETF issuers don’t go all-in at once; they accumulate gradually as demand grows.

The launch of the Ethereum ETF won’t lead to an instant pump but rather a prolonged alt season. And honestly, I prefer this scenario.

🟣 Approval of the Ethereum ETF means altcoins aren’t considered securities. I wouldn’t be surprised if we see applications for $ADA or $SOL funds within a couple of months.

😒 In the next few months, I expect market growth. Before the alt season begins, I’m adding to my speculative portfolio. I’ve already spotted a coin that could give some serious gains in the mid-term. I’ll share the setup with you soon.

😠 $ZK - Preparing for a Strong Rally

One of the recently released coins with the potential to enter the top 50 on CMC during the upcoming altseason.

🟣 The project boasts an impressive list of investors and holds the record for the amount of funds raised during funding rounds. It addresses Ethereum's main issue - scalability.

On strong volumes, $ZK has broken out of a month-long accumulation range and has already consolidated above it. Over the next few months, I expect it to reach new ATHs.

🤧 I've started building a mid-term position in $ZK within the $1.48 - $1.21 range. My targets are $3.69 and $5.18. The expected trajectory is marked on the chart.

😎 $6,000,000,000,000

With the Fed lowering interest rates, this money will flow into risky assets. That's why I talk so much about the key rate.

Take a look at the chart: the bond market turnover reached a record $6 trillion by the end of last year. Investors prefer to earn 5% risk-free rather than risking it in the stock or crypto markets.

Lowering rates will make holding cash a much less attractive alternative to investing in the markets.

According to a BlackRock report, the average cash yield of 4.5-5% significantly lags behind other assets, including Bitcoin. And this is before the rate cuts. The company writes:

In 2024, clients should allocate funds to innovative assets that can provide decent returns.

Reading between the lines:

By the way, we recently launched an ETF, so now you know where to invest your money.

Imagine the market capitalization by the end of 2024 if such a volume comes from the bond market alone.

🟢 Good Morning Everyone!

Let's start the workweek with an update on the market situation:

🟣 $BTC - $68,750. $ETH - $3,920. $BNB - $603.2;

🟣 Bitcoin dominance has fallen below 54%, hitting a monthly low;

🟣 Argentina and El Salvador are negotiating over Bitcoin - the countries plan to "create an alliance where $BTC will play a key role."

🟣 The meme coin sector is showing the best results. $FLOKI +20%, $PEPE +12%. $PEPE has already surpassed Polygon and Uniswap in market capitalization, ranking 18th on CoinMarketCap.

The technical picture for $BTC suggests continued growth. The coin has held above the descending trendline on the daily chart and is trading above the 50MA. In the near future, I expect a recovery above $70,000. Additionally, if the trend of falling dominance continues, we will see excellent dynamics for altcoins this week.

🔵 As always, I continue to look for entry points in the spot market. As soon as I find a good setup, I'll share it with you immediately.

🟢 $AXS - Ready to ride the bullish wave

For over a month, the coin has been in a downtrend. It has now broken through the trendline and consolidated above it.

🔴 Within the triangle, with the upper boundary being the trendline and the lower boundary being the HVN zone of $6.70 - $6.40, a large player has been actively entering $AXS. Morover, most of the coins were transferred to cold wallets (long-term storage).

Judging by the accumulation volumes, the nearest resistance at $8.22 is unlikely to hold in the near future. If this is the case, we might see a local 5-wave rising structure.

🟣 I bought $AXS at the current price ($7.63) and will add the same amount in case of $7.13 retest. The expected trajectory is marked on the chart.

🟢 A decrease in $BTC dominance - what does it mean

Bitcoin dominance is one of the key metrics I closely monitor. When this indicator is rising, it signifies money flowing from altcoins into $BTC, and vice versa. It's a highly reliable market oscillator.

🟣 After reaching a two-year high around 55.1%, $BTC dominance has started a correction and already exited the uptrend. If the correction extends toward the 51.5 - 50% range, altcoins are likely to experience powerful pumps, as was the case at the end of last year.

Supporting this are not only the technical dominance patterns but also the rising interest of large players. Since the adoption of the Ethereum ETF, the inflow of top-50 altcoins into wallets with a balance of more than 10 $BTC has doubled.

🔵 I'm confident that in the next 2-3 months, altcoins will deliver significant growth and substantial profits. That's why I continue to stack up my wallet and primarily focus on alts.

⚫️ $ZK - Poised for explosive growth

One of the recently launched coins with the potential to break into the top 50 on CMC during the upcoming altseason.

🟢 The project boasts an impressive list of investors and holds the record for the amount of funds raised during funding rounds. It addresses Ethereum's main issue - scalability.

On strong volumes, $ZK has broken out of a month-long accumulation range and has already consolidated above it. Over the next few months, I expect it to reach new ATH.

🔴 I’ve started building a medium-term position in $ZK within the $1.41 - $1.21 range. The expected price trajectory is marked on the chart.

🔵 Will the crypto market cap reach $3T soon

Despite the market correction, the capitalization is consolidating above the upper limit of the ascending channel at the $2.1T, showing the sustainability of the trend.

🟢 On the weekly chart, we see a golden cross as the 50SMA crossed over the 100SMA. The last time such a golden cross appeared on the capitalization chart was in Jan 2020, coinciding with an increase in the market cap by over 900%.

What does it mean for the market?

I believe current correction might transform into another accumulation period for $BTC with institutionals continuing to load up ahead of bull run, with increased interest towards $ETH and altcoins.

🟣 In such conditions, the market cap is likely to continue growing, and we might witness a total cap surpassing $3 trillion this summer.

🟢 $BNB - Massive gains ahead

Over the past few months, $BNB has shown some of the best performance among top altcoins. The technical outlook indicates complete buyer dominance.

👨‍💻 During the recent market correction, many altcoins lost over 60%. Meanwhile, $BNB only retraced 20% and held above the 50-day MA, showcasing a trend strength that even $BTC doesn't match.

In the medium term, I expect $BNB to continue its growth.

💡 The 50-day MA acts as strong support. Any correction to this level should be seen as an opportunity to add to positions. The next target is $730.