Write this down✍️
Previous Alt-seasons:
Dec 2017
Jan 2021
Next #Altseason to kick-in anytime between
𝗗𝗲𝗰 2023~𝗠𝗮𝘆 2024
This is not bs, it's well calculated based on macro charts/Cycles length/Fed policy/borrowing Rates/On-Chain data/...
Next Cycle: #ETH to 7600~11800$
@inmortalcrypto Very good comparison, #Solana will change lives after this bear market and has the potential to reach all-time highs again.
I personally still see a visit back to $5-$8 first to complete a proper W reversal pattern.
Why the next Crypto Bull
Market Could Start In 2024:
2012 Halving
Bitcoin Price - $182
1 year later = $510
2016 Halving
Bitcoin Price = $661
1 Year Later $2,600
2020 Halving
Bitcoin Price - $8,600
1 Year Later = $58,000
2024 Halving
#Bitcoin Price =?
1 Year Later = ?
This Friday 8 AM UTC, 105.6K $BTC are set to expire on Deribit with a notional value of $3 billion.
Max pain price $27,000, put/call ratio: 0.85
I would be very surprised if we don’t rally to $32,000+ tomorrow.
#btc#optionexpiry
The higher the btc goes without correction or pullback then more dangerous coming than we expect . This is not the right way of #BullRun . All retailers wil jump in once it crossed 20.7k and it happens. Remember what happens previous time from 17k to 25k people fomo then to 15k
Miners bought roughly 3,600 $BTC when it trading at $16,700 on Jan 1. They accumulated another 1,000 #BTC between Jan 5 and Jan 11 as prices soared.
But when #Bitcoin surpassed $20,000, it appears like miners decided to book profits and have sold 4,000 BTC since Jan 12.
Let me make it clear.
I don't long/short just any #cryptocurrency.
Mostly #Btc, #Eth, #Xrp and #Solana only.
Strict risk management rules are always in place