𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘

Crypto Trader & Investor... 🏄‍♂️ Premium Telegram Group ↯

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

#Bitcoin testing the lower boundary of the bullish expanding triangle for the second time on the weekly. This is a major S/R level, not where to turn bearish (again).

Weekly close in 3d 14h.

Crazy how Bitcoin has spent the entire period since November 2024 carving out this expanding triangle. (Some call it a megaphone pattern.) And as said before, the full resolution of this pattern points to my macro target 🎯 of $300k+.

Conviction isn’t tested when everyone agrees with you. It’s tested when they think you’re crazy.

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

Now, the January and October 2025 highs are nothing like 2021. In fact, after this recent correction, #Bitcoin on the weekly is shaping an expanding triangle right into the 2021 highs for a throwback, with full resolution aligning with the macro target I’ve been talking about.

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

What should follow this retest is weeks of #Bitcoin outperforming #Gold

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

$BTCUSD consolidating at 2021 highs.
$BTCXAU at 2017 highs, following a major expansion in Gold. Rotation will happen, give it time.

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

We’re experiencing that retest now, as it is on the chart. What should follow next is weeks of upside.

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

$BTCUSD consolidating at 2021 highs.
$BTCXAU at 2017 highs, following a major expansion in Gold. Rotation will happen, give it time.

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

$BTCXAU: This isn’t where crypto influencers who only went full-on gold after $4,500 should really be bashing crypto.

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

@crypto_johan Yes… same.

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

#Bitcoin testing the lower boundary of the bullish expanding triangle for the second time on the weekly. This is a major S/R level, not where to turn bearish (again).

Weekly close in 3d 14h.

Crazy how Bitcoin has spent the entire period since November 2024 carving out this expanding triangle. (Some call it a megaphone pattern.) And as said before, the full resolution of this pattern points to my macro target 🎯 of $300k+.

Conviction isn’t tested when everyone agrees with you. It’s tested when they think you’re crazy.

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

Now, the January and October 2025 highs are nothing like 2021. In fact, after this recent correction, #Bitcoin on the weekly is shaping an expanding triangle right into the 2021 highs for a throwback, with full resolution aligning with the macro target I’ve been talking about.

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

$GOLD looks bearish and should drop below $4,000 in the coming weeks. That’s when I’d expect $BTC to begin outperforming.

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

Ladder top on Gold’s monthly, candle closes inna few days… bearish monthly reversal warning. And yeah, people are saying rotation to $BTC won’t happen, it will. They expect it immediately when Gold tops, but that’s not how it works. Give it time.

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

$BTC.D: 10 months now, and it’s still stuck in a range since the initial break of the 28-month uptrend.

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

#SPX: Those who’ve been shorting this are just way too early…

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

#SPX: Locked in 8 straight weeks of green without a single red week, just straight upside… more likely working on week number 9 this week.

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

Stop hunts #Btc

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

Wicks vs closes

Price can dip below the neckline intrawick and not break the bullish structure, as long as higher-time-frame candles close above it. That suggests liquidity grabs or stop hunts, not breakdowns. #Btc

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

Wicks vs closes

Price can dip below the neckline intrawick and not break the bullish structure, as long as higher-time-frame candles close above it. That suggests liquidity grabs or stop hunts, not breakdowns. #Btc

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

$BTC.D: 10 months now, and it’s still stuck in a range since the initial break of the 28-month uptrend.

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

Elevator down still pending here… taking forever innit 🤷🏻‍♂️ $BTC.D

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

Also about time for $BTC to outperform $GOLD for weeks.

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

$BTCUSD consolidating at 2021 highs.
$BTCXAU at 2017 highs, following a major expansion in Gold. Rotation will happen, give it time.

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

Crazy how the #Bitcoin bears are getting euphoric at the major S/R level (2021 highs) again. Bizarre… literally seeing 12k BTC calls.

My bet is they’re about to be fooled for the second time.

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

#Bitcoin: deep into major S/R level (2021 highs) again, needs tremendous bounce from here..

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

#Bitcoin: deep into major S/R level (2021 highs) again, needs tremendous bounce from here..

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

#Bitcoin is back-testing key S/R level on the weekly after its first 6-week bounce off the lower boundary of the expanding triangle. This is not bearish. It’s more likely working to put in a higher low before continuing higher.

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

$OTHERS: Alts are holding up better while BTC is correcting (working on a higher low). Once Bitcoin locks in a weekly higher low and reverses, altcoins are going to bounce hard imo. Big mistake shorting range lows on OTHERS.

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

$OTHERS: A year later, and we’re still in that range, what a brutal suppression, while most alts have been reset within this range to 2022 bottom levels (not all). I suppose you can imagine how big the expansion could be once we break out from this 2.5-year (so far) range above the 2021 highs.

Range lows aren’t where you finally give up and short altcoins. That’s why, during the past 4 months at range lows again, I’ve bought more alts… adding to a few I bought at the Q4 2022 bottom.

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

Both $BTCUSD and $BTCXAU are working on putting in weekly higher lows after the February bottom. We’ve seen some rotation since gold topped, and I expect that trend to continue. Give it time.

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

$BTCUSD consolidating at 2021 highs.
$BTCXAU at 2017 highs, following a major expansion in Gold. Rotation will happen, give it time.

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

#Bitcoin is back-testing key S/R level on the weekly after its first 6-week bounce off the lower boundary of the expanding triangle. This is not bearish. It’s more likely working to put in a higher low before continuing higher.

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

Since the February liquidity grabs, #Bitcoin has been consolidating at that major S/R level, with a bullish Morning Star forming on the monthly. Now 10 days and 18 hours left to lock it in https://t.co/w2QnRqO2pU

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

Just the way the majority comfortably went “all in” on #Gold at the worst possible time, right at the extremes, is the same way they’re leaving crypto at the worst possible time…. It’s still not too late to go “all in” on crypto while Bitcoin is still only hovering around the 2021 highs. $BTC $ETH

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

People are way too focused on “what happens to $BTC if the stock market corrects” and have forgotten to entertain the possibility that it could also keep going up for the next couple of months without a “significant” correction.

[𝐃𝐚𝐯𝐢𝐝𝐎𝐧𝐂𝐫𝐲𝐩𝐭𝐨 📘 @DavidOnCrypto_]

#SPX: Locked in 8 straight weeks of green without a single red week, just straight upside… more likely working on week number 9 this week.