this is feb '21 highs on btc / sol, dont want to see dailies close any lower than this spot imo, if strength intra day and close higher for the week/month then high confidence thats bottom
we are currently at peak saylor doom scenario, pricing in a lot of the selling in advance of him actually having to sell any of his btc, which he wouldnt actually have to do for another 6+ months at their current cash reserves, especially if he has ability to keep selling mstr to do so
peak bottom sentiment on crypto here IMO
$BTC
Interesting...
Historically, 826 Days after the halving has marked the final capitulation phase into the bear market bottom. Following this pivot, it has taken between 70–110 days to put in the major low.
That places the 826 Day pivot on July 6th, meaning the bear market bottom could form in early September.
This wasn't my base case scenario, but if price pushes higher into early July rather than lower, I'd expect this path to play out.
I'll keep repeating this until I'm bored of saying it:
Bitcoin: 12K–16K.
Ethereum: $300–$400.
Not this month.
Not next week.
But I expect those levels to be tested before this is all over.
That's where I believe the real bottom is.
GG.
IMO: The US governement will purchase a share of $MSTR and $STRC to form the SBR. Obviously. Where do you think Saylor got the "liquidity" to buy the Bitcoin?
ALTS RIGHT NOW LOOK ALMOST EXACTLY LIKE THEY DID IN 2017 BEFORE THEY EXPLODED HIGHER INTO ALT SEASON 🚀!
The similarities are extremely clear and another massive alt move looks OVERDUE 😏...
#Altcoins
President Trump said the current financial system is outdated and will soon be replaced with a state-of-the-art cryptocurrency framework under the Genius and Clarity Bills.
Just a reminder
Arthur Hayes sold his $ZEC bag at $300 and the price now has almost doubled
He dumped his entire $HYPE and $NEAR bags and prices have fully recovered
We are going to ATH without Hayes and it's beautiful
@MylesGinvest@astronomer_zero can you explain how your 7% bounce will confirm the lows being in?
Because before ftx happened, there was a 24% bounce and we still went lower after
XRP IS WHERE EMOTIONS GO TO DIE
You can hate XRP all you want.
The chart does not care. That is the entire point.
Most people stopped analyzing this chart because they emotionally hate the asset. They confuse disgust with analysis. They think ignoring a structure makes the structure disappear.
It does not.
Since 2017, XRP has been moving inside a large structural map: expansion, rejection, compression, breakout, reset, and now another test of the range.
The crowd sees an old hated coin.
I see a chart still respecting its long-term architecture while sentiment is buried.
This is not love.
This is not hate.
This is not a fan club.
This is structure.
And hated charts usually do not need the crowd’s permission before they move.
#Altcoins
Altcoins are 'still' in phase 1, but not for much longer.
Phases 2 and 3 are the best parts of the crypto cycle.
Patience, folks. We're almost there.
Zcash pumped and now Near, Venice, Railgun, et al. are in a race to build the mostly widely adopted privacy tools and protocols. For a moment really enjoy this return to cypherpunk roots, it’s nice to actually be rooting for everybody for once