@virtualbacon Biggest threat to $BTC is Saylor now. If he sells more for whatever reason, I doubt if $50k-55k support holds.
Same for Bitmine and $Eth btw, Iβm betting they wonβt survive this crypto winter
@virtualbacon So you want to buy $Ada? Its pretty cheap imo, except that the founder is taking a break and thatβs when you realize that cheap doesnt mean worth buying π
@RealJackPoor He mainly buys $BTC through OTC, but many people are selling on exchanges.
Since market prices are driven by supply and demand on exchanges, this selling pressure can push the price down despite his massive buys π
BUT TRUE ALTSEASON DEPENDS ON THIS β οΈ
$ETH outperforming $BTC is usually the clearest signal for altseason.
2025: strong rally.
Then a long consolidation inside a channel.
Now testing channel resistance β breakout not confirmed.
Breakout or rejection? π
Bookmark this β revisit in a few weeks. β³
#altcoins #altseason
ALTCOINS OUTPERFORMING BTC β #3 $ZEC π₯
First leg up came in 2025.
Then months of consolidation followed.
Now ZEC is breaking out of a falling wedge against $BTC.
Compression β breakout β expansion.
If this holds, the next leg could already be starting π
#Altcoins#ZCash
Liquidity is climbing back to the highs of its range.
Macro tailwinds are building.
But unless there is confirmed geopolitical de-escalation, investors will remain risk-off.
And high-risk assets will stay suppressed. β οΈ
Market liquidity is improving:
Top of book depth in the S&P 500 futures jumped to $10.8 million in the week ending Tuesday, the highest since January.
This marks a +440% increase from the ~$2.0 million low recorded last month.
The current reading is also higher than 84.6% of all observations over the last 2 years.
By comparison, the peak over this period was ~$17.0 million, recorded during the market's rally following President Trump's 2024 election victory.
ETFs accounted for ~28% of total volume in the week ending Tuesday, in-line with the historical average, after exceeding 40% for most of March.
Falling ETF trading volumes are typically associated with calmer markets and greater investor confidence in individual stock selection.
Market conditions are stabilizing.
ALTCOINS OUTPERFORMING BTC β #2 $HYPE β‘
HYPE just broke above resistance and confirmed an S/R flip.
Reclaim + hold = strength.
As long as this level holds, continuation against $BTC is likely π
#Altcoins#Hype
ALTCOINS OUTPERFORMING BTC β #1 $TRX π
After years of accumulation against $BTC, TRX is now testing a key resistance level.
2019β2026: sideways accumulation.
Now? Compression at the highs.
If this breaks, it could mark the start of a new outperformance cycle vs BTC π
#Altseason #Bitcoin
WHETHER ALTSEASON STARTS OR NOT DEPENDS ON THIS β οΈ
BTC dominance is forming a head & shoulders β neckline already broken.
Now retesting resistance.
If rejected β structure points lower.
Lower dominance = capital rotating into altsβ¦
Even if BTC stays weak. π
Bookmark this β Iβll break down alts outperforming BTC next. π
$BTC IS STILL TRENDING DOWN UNTIL THIS LEVEL BREAKS β οΈ
Price remains inside a descending channel on the daily.
Lower highs + lower lows = #bearish structure intact
Unless #BTC breaks above the trendline and reclaims ~$80K, this remains a downtrend β not a reversal
If it fails here, next support sits around $54Kβ$50K π
$BTC VS GOLD β SETUP IS FORMING AGAIN π
Bitcoinβs major expansions tend to start when it begins outperforming #gold.
2020: $6K β $66K (+1000%)
2023: $16K β $126K (+687%)
Right now, #BTC is sitting at support against gold on the monthly β a level where previous expansions began.
However Lower timeframe still needs confirmation.
Bookmark this chart β revisit in 1β2 months β³
$TRX STRUCTURE LOOKS READY FOR EXPANSION β‘οΈπ
Clean breakout from a bullish flag with trend support intact.
Price reclaiming key level while holding above 50 & 100 MA.
If momentum continues, $0.45 is the next magnet. π
#Tron#Altcoins
@ZeeContrarian1 You probably don't need Bitcoin if you're living in the U.S. But if you're from a third world country like Venezuela, Iran, etc $BTC sure is valuable
@Justin_Bons If you have a basic understanding of economics & exponential functions, then you should know as well all fiat will eventually collapse.
Iran and Venezuela just proved it, it's a matter of time before others too if your countr's economy isnt strong.
@Justin_Bons Charging hundreds of dollars for transfer of property isn't too much.
In some countries notaries and lawyers charges up to 1-2% of total transaction which amounts to thousands of dollars.