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The estimated timeframe for alts mega run was given at Q4 2021 but by seeing the current movement it is looking to happen earlier.
BTC 30k$ is psychological resistance and it is looking to pass through it further. There is no resistance on charts.
Currently in CMC resistance zone which is keeping it below 30k$.
Alts are not looking safe to re-enter . March can be having good alts run while BTC goes in cool off mode. If BTC breaks 30k$ and BTC dominance breaks 72% along with CMC resistance mentioned above then this can take BTC even further and we can't expect or guess the top once CMC closes above $819 billion. It will be massive
BTC 30k$ is psychological resistance and it is looking to pass through it further. There is no resistance on charts.
Currently in CMC resistance zone which is keeping it below 30k$.
Alts are not looking safe to re-enter . March can be having good alts run while BTC goes in cool off mode. If BTC breaks 30k$ and BTC dominance breaks 72% along with CMC resistance mentioned above then this can take BTC even further and we can't expect or guess the top once CMC closes above $819 billion. It will be massive
Currently there are 3 resistances at a time.
1. BTC psychological resistance.
2. BTC dominance resistance of 72%
3. CMC resistance of $772 billion (closing 4H above $776.50 billion can be taken as broken resistance).
So this is the important resistance and if BTC gets success in breaking through this out then the move can be bigger.
1. BTC psychological resistance.
2. BTC dominance resistance of 72%
3. CMC resistance of $772 billion (closing 4H above $776.50 billion can be taken as broken resistance).
So this is the important resistance and if BTC gets success in breaking through this out then the move can be bigger.
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Currently there are 3 resistances at a time. 1. BTC psychological resistance. 2. BTC dominance resistance of 72% 3. CMC resistance of $772 billion (closing 4H above $776.50 billion can be taken as broken resistance). So this is the important resistance…
BTC just hit $30k on BitMEX.
Got rejected on all the 3 resistances mentioned above.
Got rejected on all the 3 resistances mentioned above.
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BTC is almost +50% up from the previous ATH. If it breaks the resistance mentioned above then it can go more up and then the alts season will start.
The alts season won't be like what happened in 2017 but it will be good.
Note that we have to adjust portfolio again and again in this period so you should be manually active.
Some strong Alts have dumped in Satoshi price and trading nearby same or bit less in usdt value than before. In short , there is loss In BTC value but small or no loss in USDT value.
If BTC breaks resistance of 30k$ then only good alts will survive and pump very hard once BTC finishes off ( Chances of $50k).
The thing which is observed here is institutions are buying BTC in large amount and mostly on weekend when the supply is lesser causing a pump.
We are actually in alts winter since March 2019. I think we will enter in alts run slowly from this March and witness a good run till the End of this year. The current cycle will not complete until we see some run in alts .
SEC is looking positive on regulations on cryptocurrency this year. XRP made a huge downfall taking some other alts with it in this after the action by SEC. India is also proposing taxes on Bitcoin considering it in 'intangible assets' so it can be a good legal move imo. The popularity of Bitcoin has grown so much now that many government authorities are looking for the regulations or laws.
Grayscale has been buying LTC again and again from several months and also they recently bought XRP nearby at 0.20$
Also the inflow of Stablecoins to the exchanges is in large amount these days which means whales are looking to buy more BTC.
ETH is the next watch as the supply of #ETH is getting lesser now and it can go high. While considering the developments of Binance , #BNB can also be a good coin to watch next. #ETH and #BNB look safer than other coins.
The alts season won't be like what happened in 2017 but it will be good.
Note that we have to adjust portfolio again and again in this period so you should be manually active.
Some strong Alts have dumped in Satoshi price and trading nearby same or bit less in usdt value than before. In short , there is loss In BTC value but small or no loss in USDT value.
If BTC breaks resistance of 30k$ then only good alts will survive and pump very hard once BTC finishes off ( Chances of $50k).
The thing which is observed here is institutions are buying BTC in large amount and mostly on weekend when the supply is lesser causing a pump.
We are actually in alts winter since March 2019. I think we will enter in alts run slowly from this March and witness a good run till the End of this year. The current cycle will not complete until we see some run in alts .
SEC is looking positive on regulations on cryptocurrency this year. XRP made a huge downfall taking some other alts with it in this after the action by SEC. India is also proposing taxes on Bitcoin considering it in 'intangible assets' so it can be a good legal move imo. The popularity of Bitcoin has grown so much now that many government authorities are looking for the regulations or laws.
Grayscale has been buying LTC again and again from several months and also they recently bought XRP nearby at 0.20$
Also the inflow of Stablecoins to the exchanges is in large amount these days which means whales are looking to buy more BTC.
ETH is the next watch as the supply of #ETH is getting lesser now and it can go high. While considering the developments of Binance , #BNB can also be a good coin to watch next. #ETH and #BNB look safer than other coins.
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LTC 130$ ENTRY filled.
Currently at 141.50$ ,
Take first profit and move stop loss at entry.
+9%
Currently at 141.50$ ,
Take first profit and move stop loss at entry.
+9%
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BTC is almost +50% up from the previous ATH. If it breaks the resistance mentioned above then it can go more up and then the alts season will start. The alts season won't be like what happened in 2017 but it will be good. Note that we have to adjust portfolio…
As mentioned yesterday in 4th paragraph , there is big buying activity by institutions going on in weekend.
Due to lesser supply and volume on weekend, it is easier to pump the price.
Due to lesser supply and volume on weekend, it is easier to pump the price.
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Binance Futures
#ETH/USDT All take-profit targets achieved 😎
Profit: 68.8525% 📈
Period: 1 Days 4 Hours 4 Minutes ⏰
#ETH/USDT All take-profit targets achieved 😎
Profit: 68.8525% 📈
Period: 1 Days 4 Hours 4 Minutes ⏰
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BTC is almost +50% up from the previous ATH. If it breaks the resistance mentioned above then it can go more up and then the alts season will start. The alts season won't be like what happened in 2017 but it will be good. Note that we have to adjust portfolio…
#ETH pumping hard. ETH is dragging BTC dominance down now.
ETH dominance pumped from 10.50% to now at 11.94% in last 6 hours. In last 2 hours , 1.3% increment in ETH dominance. That's crazy.
Good rejection for BTC dominance at 73.70% (73.80% is weak resistance)
ETH dominance pumped from 10.50% to now at 11.94% in last 6 hours. In last 2 hours , 1.3% increment in ETH dominance. That's crazy.
Good rejection for BTC dominance at 73.70% (73.80% is weak resistance)
Total Crypto marketcap is at All time High.
Resistance at $900 Billion.
Alts marketcap is trading at $246 billion , has some resistance at $252 Billion and support at $225 Billion.
BTC marketcap has no technical resistance. At $646 Billion , it got some rejection so we can take it as a weak resistance.
Resistance at $900 Billion.
Alts marketcap is trading at $246 billion , has some resistance at $252 Billion and support at $225 Billion.
BTC marketcap has no technical resistance. At $646 Billion , it got some rejection so we can take it as a weak resistance.
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HNY5 (for 5% discount on 1 month plans)
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Binance Futures
#EOS/USDT All take-profit targets achieved 😎
Profit: 36.8862% 📈
Period: 1 Days 9 Hours 21 Minutes ⏰
#EOS/USDT All take-profit targets achieved 😎
Profit: 36.8862% 📈
Period: 1 Days 9 Hours 21 Minutes ⏰
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