I'm showing this again: The #Altcoin market capitalization is copy/pasting the bottom in 2022.
We're nowhere near a top.
Most likely we'll actually continue to grind upwards.
The bottom is in.
#Bitcoin doesn't have deep corrections in a bull market.
Especially not when it's in the first run upwards.
It has brief corrections and rarely comes back down again.
That's why I think that this correction is already over and if we drop further, that $72,000-74,000 will be a true blessing to be buying back into.
Recent buys on the #Altcoin portfolio;
- $TAO at $193 | Up 40%
- $EIGEN at $0.2050 | up 6%
- $NEAR at $1.65 | Up 46%
And more.
All shared live for subscribers.
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It's going to be fun.
This month will atleast provide 1, maybe 2 massive liquidity crashes on the markets.
Bull markets always do, as they tend to take out the ones that were taking too much leverage on their positions.
Those are the ones you should benefit from if you're sidelined on #Altcoins.
I wouldn't be surprised if;
- $NEAR runs to $5
- $LINK runs to $20
- $SUI runs to $2
- sei-network:native runs to $0.15
- $ETH goes to $3,000+
- bitcoin:native hits $90,000
Those are all relatively easy to hit in the coming period, as long as Bitcoin consolidates.
I've said it before, but I'll say it again.
You still have time to accumulate #Altcoins.
Now is the time.
Altcoins can erase losses in a very short window.
It's quite a strong picture on $TAO.
Against the bitcoin:native pair you'll see that there's a strong bullish divergence indicating that we're about to have and witness a strong trend reversal.
In that way, it's probably going to follow $NEAR in its footsteps and that the next breakout (as long as we're remaining above $200) will be a strong breakout to $400-500 for Bittensor.
I don't think that $LINK will stall much.
I honestly think that we'll start to see a strong continuation here towards the next area at $14.50-15.00 as a potential target zone.
Overall, if there's a dip (and the lower the better), I'd be bidding this one.
First potential zone for entries is at $11. The second zone is at $10.
For $NEAR, it remains quite simple.
The Bitcoin pair has been breaking upwards, indicating that we'll be outperforming vs. Bitcoin.
However, it might be that we're seeing some sweeps on #Bitcoin before we proceed higher. That's fine. If dips are granted, they'll be granted in a way that those dips need to be used to buy in.
In that way, if $NEAR brings itself towards $2.10, I'd be willing to buy.
On the other hand, the trend is clearly upwards, and there are still highs that are untapped: The $2.56 high is the most straightforward one.
However, if that breaks, and it continues towards the $3 highs, I don't think we'll stall until we'll have a massive breakout towards $4.50.
That's why buying the dip is the right gameplan for this one.
solana:JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCN is about to witness a strong continuation, with a slight caveat.
The caveat is that we're looking to see whether or not we'll be holding above $0.23.
If that does happen, then the gap and the recent highs are likely going to be taken out and we'd be looking at a rally towards $0.60 on this one, as it looks quite strong.
Our recent buys of $NEAR at $1.65 are printing.
Our recent buys of $TAO at $193 are printing.
All shared for subscribers in real-time updates for the #Altcoin portfolio as the portfolio is up more than 30% since the start of August.
Our two daytrades of September are up a lot.
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$PONS going on a correction, dragging down the entire memecoin ecosystem.
That's going to happen more often than you think. Nothing goes up in a straight line.
The onchain momentum isn't dead either.
Use the dips to be buying into positions, that's the best thing you could do as we're literally just getting started.
#Bitcoin still looks the same.
The period that this consolidates is the period where #Altcoins are firing of.
This is a great sign for the markets.
The bull market is here.
It's literally a matter of time until we'll be seeing a big move upwards on $NEAR.
$ZEC has already made a new all-time high.
The correlation between the two is nearly 1:1.
I wouldn't be surprised to see $NEAR run to $4.50-5.00 in the coming weeks.
I've been tweeting about ethereum:0xb50721bcf8d664c30412cfbc6cf7a15145234ad1 for the past 4-5 months, as the signals for this massive breakout upwards were there.
It's now up 190% and it's just beginning.
$NEAR is just getting started and the reason that I'm saying this is due to the fact that I'm looking at the Bitcoin pair.
It's doing great, and broke out upwards.
That would mean that there's still a leg to come.