I think we are destined to stay in this downtrend, with a definitive bottom in mid-December, similar situation on second half 2022 or 2019, buying major dips on major altcoins with large funds will prove very profitable for the coming months there.

My idea doesn't change we can see $ETH at 1100-1200 and #BTC at 21-22k, before the full reversal for 2024:
https://x.com/criptopaul/status/1686400048018362369?s=46&t=pgcBgkV7YJcnGceRIIeVaQ


Plenty of bullish catalysts for 2024:
-ETF approval, it's only a matter of time and the SEC can postpone its decision two more times for 45 days. The first one will be in mid October, I bet it will be approved in January.
-Fed will start cutting rates and inflation scheduled to return towards 2.5-2% levels.
-And of course #Bitcoin halving on end of April

and where of course we won't have a pandemic event like March 2020, thanks to God.

Anyway, its actually a bullish post for your information.
Dont get kicked you out as end of 2022 there...

#BTC
It will be exciting, at 23k people will call bear market, at 26k bull market again, i guess this is going to happen for 20 days, then get ready to go all in on November-December at 21k where sentiment will be totally negative

25k✅
27k ✅
23k
26k
21k
...100k https://twitter.com/criptopaul/status/1686400048018362369?s=20

Regarding market cycle and the question everyone asks. Will there really be a next cycle?

The answer is simple, #Bitcoin is programmed for it, it's in the code itself, Satoshi knew what he was doing. (Halving cycle)


That's why i have in the description of my bio. It is the miners who decide supply and demand as in a gold market or any product:

Production cost - price at which manufacturer are willing to sell - supply.

If you're wondering why everything died on Cexes, especially majors caps, I often talked about a second bad part of 2023, not new 2023 ath for ETH, ETH to 1500, it was all written...

We had some good opportunities on dexes, im holding very few projects where they have fundamentals and community, and they will be the few tokens that will resist this bad market and will pump hard. As for major altcoins, I will accumulate more Sol, Btc and Doge where I can in the following months.

To continue the theory of #BTC cycles:

For a long time I've been asked what the next top will be for #BTCUSDT .
As we have seen, cycles repeat themselves for certain reasons, but one can predict the next ATH, events can change the history itself, but let's try to see it from the numbers side:

Analyzing the past 4 year cycles one fact emerges, each ATH was 6.5x lower than the past, while mid cycle, i.e. from the bottom to the previous ATH was 4x about.

We just know price of Btc was 1$ on 2011, 0.3$ on Mt.Gox , so lets do some approssimative math

2011 bottom to 2013 ATH is 6x then ,
2015 bottom to 2017 ATH and its 6x then
2019 bottom to 2021 ATH

So if 2019 bottom to 2021 ATH might be 6x then 2023 bottom to 2025 ATH , we might see 75-80k ATH for 2025.

-The price of mid-range , 2years, (from bottom to the end of Halving year) is decreasing by 25%

-The past ATH retest happens constantly at the end of the halving year, therefore at the end of 2024 we should see Btc price around 60k

-Every mid cycle top (2015-2019-2023) happened in July.

The thread where I predicted entire 2023 in the 3 posts.

When we reached 2000+ and 30k+ on Btc I started to say that there will be no further ATH from there and we would face a bad second half.

Now as you know, I will be progressively more and more bullish until the end of the year, we are preparing for the next bull market with many positive catalysts.

I hope my advice has been useful to you.


https://x.com/criptopaul/status/1608829097228238853?s=46&t=pgcBgkV7YJcnGceRIIeVaQ

Which of these dates will the next bull market start?

In other words, when the ETFs are approved, the start will be decreed.

My opinion?

Another delay on October, bottom on December, where all the smart investors will buy heavily in anticipation of the obvious approval on January.

But I could be wrong, I am not a legal expert, but it could be the correct Bull market roadmap

Now you can put all togheter your @ Remindsme hashtags back in next year. See you.

I've been waiting for that $10 area for a long time. Most of my buys were between 10 and 11$ , that day I decided to buy additional 10,000 SOL at market price around 8$