New Rekt Capital newsletter is live 🔥
"#Bitcoin Bull Market Target - Explained"
I discuss the #BTC Four Year Cycle, BTC's post-Halving price tendencies, & BTC's price deviations beyond the Stock to Flow
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$ICX / USD - #ICX#ICON
ICX does extremely well to turn $2.50 into support and springboards higher
Any dips into $2.80 would be healthy on the road to ~$3.50
Following the black path nicely
Here is a comparison of #BTC's price action in Quarter 1 (2017) and Quarter 1 (2021)
How different are they from one another?
(Hint: they are more similar than you think...)
https://t.co/r1ZP36zTTy
$BTC #Bitcoin
#BTC experienced a -26% retrace after rejecting from ~$57500 in February
Then $BTC experienced a -18% retrace after rejecting from ~$61K in mid-March
Key takeaways?
• BTC is rallying higher after each retrace
• BTC enjoys shallower retraces upon rejection at higher prices
Remember the -26% #BTC retrace in February?
That's when BTC got rejected at ~$57,500 to kickstart that entire retrace
Today, $BTC is the process of turning this exact same level into a new support
#Bitcoin
Anything below $20,000 for #BTC was an early-bird discount
$ETH below ~$2000 is also an early-bird discount
So is $LINK below $30
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There we go, lots of #BTC volatility at this orange area of resistance
Essentially, $BTC is sandwiched between the orange resistance area and the red area which is still figuring as support
BTC is consolidating inside this range for now
#Bitcoin
Last time Altcoin Market Cap retested its old All Time Highs as support...
Altcoin Market Cap rallied +27,000% in 392 days
ALTMC has recently turned its 2017 highs into new support
Altcoin Market Cap has so far rallied +40% in the 35 days since...
https://t.co/GeDRLFUUD2
#BTC has pressed past the black diagonal and is now just below the red horizontal resistance area (~$59,000)
Break this area and #Bitcoin will reach new All Time Highs
Have to say guys, this is some of the best content out there, it is interesting and vey educational, wether you are new to crypto or not u cant go wrong here
shout out to @rektcapital
Great work bro! Looking forward to doing your courses man!
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