AfricanLion

[Michaël van de Poppe @CryptoMichNL]

#Bitcoin rejects harshly at the $80K area.

That doesn't mean that we're going to crash. Not at all.

It seems very likely that we'll consolidate a little bit more and continue to grind upwards after that.

The structure on lower timeframes remains intact until price falls beneath $73-75K, which isn't the case.

[Michaël van de Poppe @CryptoMichNL]

What narrative will bring #Bitcoin to $100K?

There doesn't need to be a narrative that pushes the price upwards.

Price moves upwards, and the narrative will create itself.

At this point, it doesn't feel like there's ever a narrative again that will be moving the needle for anything within #Crypto, as there are many other sectors taking the spotlight.

The vice versa, money is flowing into AI, but given that the hype has accelerated massively within that sector, there's not one person thinking of a potential correction to happen in that bubble.

That's just how markets work.

The future is digital.
The future is in scarce assets and Bitcoin has historically (since existence) been the best performing inflation hedge on Earth.

If there are any windows in between that it doesn't move as it should, means that there's a catch-up ready to happen.

That's why simply using math, statistics and logic is required in order to succeed and that's why these regions on Bitcoin are still good for accumulation.

[Michaël van de Poppe @CryptoMichNL]

I decided to let Claude build a #Crypto portfolio for me.

Did it work?

Yes, it did.

Was it good?

I don't think so.

There are many layers that you need to unravel; however, AI can definitely assist with this.

@Quotenet interviewed me about this strategy.

Read the article here:
https://t.co/RiZ76SyziK

[Michaël van de Poppe @CryptoMichNL]

Initial response of the markets was positive on $BTC.

Now, markets are correcting back down, as there's uncertainty on how US markets will open tomorrow (and there's still an outstanding gap of the CME).

On the other hand, the 21-Day MA needs to break in order to have a relief rally.

I think we'll see it in March/April, question of how we're opening the markets tomorrow and whether it finds a higher low.

[Michaël van de Poppe @CryptoMichNL]

This is a phenomenal chart.

It shows the Sharpe Ratio for #Bitcoin in the short term.

The key takeaway: the Sharpe Ratio has dropped to -38.38, which historically has marked "Low Risk" accumulation zones. The red circles highlight every time the Sharpe Ratio dipped to similar deeply negative levels; early 2015, early 2019, late 2022; and each of those moments preceded major bull runs.

The pattern is clear:

Every time the short-term Sharpe Ratio crashes this low, it signals that Bitcoin has been underperforming on a risk-adjusted basis so severely that it represents a historically attractive entry point. The arrows on the chart show the subsequent price rallies that followed each of these zones.

Given that the recent crash of $BTC has put the price of Bitcoin down substantially vs. Gold, does mean that the markets are out of balance and that there's an opportunity between the two.

The Sharpe Ratio provides that opportunity in the chart.

The implication of this chart is actully super bullish, as every time the Sharpe Ratio has hit this level, it preceded a strong bull market.

[Michaël van de Poppe @CryptoMichNL]

It's a great sign that the markets are consolidating here and ready for the next big breakout upwards.

Did test the green block, as long as #Bitcoin stays above the 21-Day MA, everything is fine.

I would assume we're going to see a continuation towards $100K.

[Michaël van de Poppe @CryptoMichNL]

There we go, a new high for $ETH / $BTC.

This signals that #Altcoins are the play for the coming period, as those will follow Ethereum in the momentum.

The breakout at 0.02425 was crucial.

[Michaël van de Poppe @CryptoMichNL]

It's clear, #Gold is now in a downtrend.

It couldn't continue breaking upwards and starts to accelerate.

That's actually great news.

#Altcoins are about to skyrocket, and this is one of the key ingredients for it.

6-12 months sideways before new ATHs for Gold.

[Michaël van de Poppe @CryptoMichNL]

Request 04 - $XRP

If you look at price action, then there's a period of accumulation and low volatility, then a short window of extreme volatility to slowly wind down into lower volatility.

Ripple had a period of 3 years of no volatility.

Then, in 4 weeks, price rallied by 500% on a $30B asset.

My best guess is that most of the upside is captured already and only the laggards are buying in at these levels.

My second best guess is that we'll consolidate before we continue to go up, which probably takes time. In that sense, you still want to be buying the dip if you're interested in this one.

Question is, where?

Anywhere in the lower areas of the range, so let's say $1.50-2.25. That's a good region.

[Michaël van de Poppe @CryptoMichNL]

Massive weekly candle on the #Altcoin market capitalization.

If this closes this way, then the signs are getting better day-by-day.

[AfricanLion @AfricanLion0]

@CryptoMichNL #CHZ