A clear double bottom on bitcoin
target 74k
Market sentiment has shifted after 8 months of sideways action.
I think next 6 months can provide a lot of opportunities. Dial in.
The USDT dominance chart provides valuable insights into the market's direction. A notable market movement often correlates with a decline in USDT dominance. When the dominance of stablecoins decreases, it suggests capital is flowing into Bitcoin and altcoins, signaling increased investor confidence in riskier assets.
In the world of crypto, it’s crucial to...
Is Ethereum dead? I don’t think so. It’s been in a period of hibernation, but I believe it's poised for a comeback. ETH has been in a descending channel for some time, but it's nearing the bottom. I expect it to retest the green multi-year trendline and bounce upward. The weekly RSI has already broken out and is currently being retested. The red circle marks where...
Don't overlook this one, everyone. I believe it's a strong opportunity to reap some rewards. Fundamentally, TIA is a solid project with great utility, serving as a modular blockchain that enhances Layer 2 solutions, making them more efficient.
The price appears to have bottomed, with the RSI at a low and the MACD signaling an upward cross.
My long-term targets...
bitcoin is going to 100k after all.
bitoin just broke out of the megaphone pattern. target as shown on the chart is 102k.
remember to take profits guys.
Another chart that makes me beleive altseason is around the corner.
watch out for the 16% and 19% levels but I think ultimately we will reach the top of the channel.
Last time we touched the bottom of this channel a mini altseason was triggered.
Since btc dominance has not slowed down I still beleive the best for alts is yet to come.
others just broke out and retested the channel which is a bullish retest. target 477 to 577 billion. A 150% increase in others market cap can yield a lot of gains for alts.
enjoy and always remember to take profits.
I think we still have two major rallies in this bull market for altcoins. Bitcoin dominance is still too high which means altcoins are still early. previous cycle total 3 reached higher than the 2.3 fib but this cycle and because of the law of diminishing returns I dont think the expansion phase will take us to the this level. Around 1.6 fib is a more logical...
