HAPPY HALVING Here are some potential ways I see this cycle going. Pink pathway: If a left translated cycle is in the cards. Yellow pathway: How I likely see this playing out, but we'll see! Maybe a good time to accumulate this summer. Purple: Degen pathway, hyperbitcoinization, hopium, s-curve adoption We'll see! Stay patient and stack sats
Sentiment around the world and markets is generally low, which may lead to a depressed time for Crypto. We'll see!
I don't invest in XRP, but I just thought I'd share how interesting its chart is since the start. I'd like to say I'm bullish for XRP holders, but who knows.
I'm honestly torn on what Bitcoin's dominance will be in the future. Just want to note this major inflection point we're at. I think an alt season could be close, but crypto always keeps us guessing.
Potentially how this bull run could play out. Personally, I'm more bullish on Chainlink, but I think this is a reasonable pathway to temper expectations. If it breaks above, all bets are off.
VERY UNLIKELY. However, one thing to question is how similar the 4th post-halving will be when compared to the 2nd. At this moment, they both have pretty similar setups. If history repeats itself, Bitcoin will be eyeing its next top somewhere in this yellow circle. While I don't think Bitcoin will go to 2 milly, I do know substantial rises are on the way.
We're at an inflection point. Bitcoin could bounce, and we continue our time in the channel. Or, we break down and revisit the lower 40k area, which coincidently, was where the Spot Bitcoin ETFs started trading. I'm sure ETF traders would feel uncomfortable if Bitcoin enters the 40k region again.
I don't think so, but keep an open mind. I heard a week ago Nancy Pelosi bought more, lol.
Potential summer slowdown There's been a noticeable uptick in criticism towards Chainlink on X, with the prevailing narrative questioning the necessity of the BIST:LINK token. I anticipate downward pressure on BIST:LINK due to Bitcoin's influence, potentially exacerbated by the voices of skeptics, who will cite CCIP GA as a failure. While this may lead to a...
Note the year and a half-long channel. Honestly, it could go down to supports, or we could break resistance. We'll see!
If the narrative holds true with recession/depression and other sad things, I could see this going back down to support. Presidents added for fun and perspective.
Chance of going up with the wedge before more pain. Yeah we'll see.
Just putting my thoughts onto a chart. agree or disagree, idc
Potential bear flag scenario. I'm not confident in this since this trading is all over the place.
Red Megaphone down or green rising wedge down? Or neither. Idk, but it's still bear territory. Good luck.
Rebounding off the falling wedge with a bull flag formation. Send it.