DePIN is waking up massively, and I think this is the next big thing in #Crypto.
$NAVI is one of those projects. It is only $40M FDV, but the team continued their hard work within the DePIN vertical and has barely moved.
From the TA perspective, heavy accumulation is going on, ready for a breakout upwards, potentially leading to $0.25.
#BTC
Looks like this may very well be a volatile retest of the 21-week EMA (green) as support
Not only that, Bitcoin has successfully retested the Downtrend (light blue) for a 2nd week in a row
Weekly Close above the green EMA and the retest will be complete
$BTC #Bitcoin
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#BTC
Bitcoin Weekly Candle Closed inside the ReAccumulation Range to kickstart the reclaim process
And recently Bitcoin has pulled back into $60600 to fully confirm a reclaim of the Range Low back into support
Holding $60600 as support would mean that Bitcoin would fully confirm a reclaim of the ReAccumulation Range without the need for another bargain-buying downside deviation below it (orange circle)
$BTC #Crypto #Bitcoin
#BTC
History doesn't always repeat in a copy-paste manner
But if it does in this cycle...
Then Bitcoin should be breaking out from its ReAccumulation Range in the next handful of days, this week
$BTC #Crypto#Bitcoin
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$ALTS
Like clockwork
We're already starting to see a market-wide recovery literally in mid-May
Whether Altcoins start bottoming now in mid-May or a little later in end of May, early June...
The window for Altcoin bottoming has just begun
#BTC#Crypto#Bitcoin
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$ALTS
Still time left before the Q2 Altcoin Hype Cycle takes off
But the very foundations of the next wave of Altcoin rallies is being built as we speak
Market-wide breakouts can't occur without the market first experiencing slow consolidation periods
#BTC#Crypto#Bitcoin
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1/ AI's exponential growth is exposing major inefficiencies in today's centralized cloud computing market.
Compute DePINs are emerging to bridge the growing gap between compute supply and demand.