If you read the first comment on that post, I said this:

''My view is not changing here, I think we may see a last impulse but where altcoin will be weak and then face a fairly long period of bleeding, low volume and final accumulation on the end of the year''

-So we had a last impulse on Btc, but not on Eth
-Altcoins have been weak,
- I expect the last part of the year where ETHBTC will be 0.05 and final altcoin bleeding. based on the math this means Btc gonna outperform ETH for 15% and more, if we have a final dip it means Btc to 23-22k and Eth to 1100-1200

I think we could have good 2-3 weeks here and then get into that phase.
As mentioned, much will depend on the decisions regarding ETFs, we already have some interesting dips on mid caps, but I don't want to rush.

ETHBTC entered capitulation phase as expected = Altcoin capitulation.

If you didn't take profits on altcoins at the end of April like i told you in the post below, please don't do it now cause we are entering in accumulation phase now.

#btc #BTCUSD

-40-50k by June/July (after halving) 2024
-80-100k by q4 2025

Another cycles rappresentation, #Bitcoin is programmed for this:
-scarcity over the time,
-increase in production cost
-its value comes from its scarcity.

-Every Ath came the year after halving.
-Every bottom came the end of the year after Ath

-Each echo bubble that preceded halving saw six months of rise and subsequent 6 months of decline.

-During halving years we saw a run up to the previous Lower High from previous Ath

Bottom is not a precise number but a time range.


Many people keep asking me if we will really see Eth to 1100-1200 and #Solana to $15 or lower. I cannot tell you this, I am a spot trader who allocates and plans investments based on macro TA.

-My main 2023 purpose , was to realize profits on first half and preserve them for second half. This is what I really cared about. Selling now and trying a counter trade is silly.

-My main purpose now is slowly scale in stablecoin during dips on favorite altcoins.

If you believe $Sol can go between $200 and $400, $Eth from 7000 to 10,000, it doesn't make much difference if your purchases are at $15-20 or at $1100-1400.

This could be very useful in terms of accumulation strategy, soon it will be time to place many limits orders on cexs again. The volumes are going back there soon.

People calling pumptober, yes maybe we will have 1-2 good weeks still as i said, but they still haven't seen the worst coming, expect to see everything dead before you can see a bullrun. Without a final reset, no bullrun can begin. History simply teaches this.

I also said 15 days ago $Sol to $24 then $15

Uptober doesn't have much logical basis, the only thing I believe in is Up2024 and dump second half of 2023, as i always said from December 30, 2022 onwards

Many larrge CT are excited again about this #BTC move, which happened yesterday.

But it's the same one that caused a general ''Uptober'' senetiment last Sunday.

It's just a range of local top, my opinion doesn't change here.

I have seen some big CT become finally bearish on ETHBTC but they might think due r Btc run - ETF hype, but history teaches that ETHBTC dip happens in bearish trends.

I still believe we will have 30-60 days of bear market, started from end of April 30-60 days where ETHBTC will reach 0.05 or less, ETH 1100-1300 and BTC 22-24k.

Being bearish on ETHBTC or ETH now makes no sense, you had all year to do it, like convert ETH in SOL or BTC i suggested on end of 2022 or sell ETH above 2000$, now we're at the end, its too late.

Soon ETH it will back to outperform like 20-21'