It looks like the market is shaking off weak participants who aren’t prepared for the volatility. Many altcoins have partially or completely erased the gains they made over the past few months. There’s not much room left for further declines unless we see new local lows, which doesn’t seem logical at this stage. As Bitcoin approached the 100K level, sellers...
- In the 2013-2017 cycle, alt season started 203 days after the halving and the main growth phase lasted 175 days. - In the 2017-2021 cycle, alt season began 231 days after the halving and the main growth phase lasted 140 days. Given these historical trends, I can assume that in this cycle, alt season may also start around 231 days post-halving, with the primary...
Based on history and timings the bullrun is on the cusp or has already started.
Taking into account the timing of the last cycle the start of the bullrun and altseason is very close
In the next few weeks I expect altcoins to start growing, but it will be a “warm-up” mini altcoin season. For this scenario to materialize, BTC's dominance needs to drop into the 51% - 49% area. During this period you should not be greedy and it will be smart to take profits that the market gives, because BTC dominance will return to previous peaks with the...
The #STRK chart is almost a copy of #APT in 2022. The key moment for deciding to go long is breaking the first significant resistance at 1.365 - 1.43. If the #ETH ETF gets approved today, I believe such positive news will provide enough momentum to start a mid-term rally on #STRK.
If we take the entire trading history of BTC, mark all the past halvings, and overlay the "Fib Time Zone" with parameters: 0; 1; 1.382; 1.618; and 1.78, we get the answer: the next Bitcoin price peak will be around October 20, 2025. The cycle bottom will be between September 28, 2026, and May 24, 2027.
History doesn't repeat itself, but it rhymes. As you can see on the chart, a very similar setup has formed as in the past, which previously led to #LOOM rising by more than 1,000%. Let's see what happens this time. *The trade is canceled if the daily candle closes below the indicator's lower line and the indicator remains red.
There are still two significant waves of BTC growth ahead before we reach the peak of the current cycle. (Not all) altcoins will start their rally about six months before Bitcoin's peak. After that, I expect a fairly long and difficult period of distribution.
There's a pattern where the price makes five touches on a resistance level. On the fifth attempt, it breaks through, signaling a possible upward momentum. This breakout indicates a bullish trend and potential for further growth.
There's a myth that the market needs to "shake out" longs through a dump before a strong upward movement occurs. Nvidia's stocks surged from $145 to $470 without any significant pullbacks. What's the situation with BTC today? The trend is upward. The price is trading near the highs of the previous cycle. Bitcoin also doesn't have to crash to $30K or below.
Over the past year, Bitcoin has four times exhibited a sixty-day cycle pattern followed by a strong momentum move. One downward movement against three upward movements. Which direction will it move in this time?
After #BTC breaks the local trendline, the decline will accelerate, extending to the global trendline. Subsequently, a rebound will occur, returning to the trendline, followed by a downward breakthrough with an acceleration in the fall. The overall target is $25,000 - $20,000. Let's call this a 'shakeout'.