Gerald Kammerlander

@KammiGerald

Joined March 2022

266 Following

147 Followers

920 Posts

KammiGerald retweeted

Doctor Profit 🇨🇭

@DrProfitCrypto

8 days ago

#Bitcoin – What's Next? The Big Sunday Report: All We Need to Know 🚩 TA / LCA / Psychological Breakdown: As mentioned in my latest Bitcoin update shared on August 20th, Bitcoin made an impressive breakout above several extremely important resistance levels, and I made my position very clear: in my opinion, the bear market is over. No “if this happens,” no “maybe if that breaks,” no ten scenarios to later claim one of them was right. The bear market ended, Bitcoin entered what I call the Soft Bull Market, and congratulations to everyone who bought the fear with me over the last 30 days. So what comes next? There are only two numbers I care about right now: $71,000 as extremely strong support and $78,500 as the next major resistance. Everything between these two numbers is noise for me. I am not ruling out a retest of the $71K region, but I am absolutely not betting on it either. I already accumulated what I wanted to accumulate, and now my job is simply to hold. Whether Bitcoin trades at $73K, $75K or gets rejected somewhere inside this range changes absolutely nothing about my strategy. In my opinion, $71K is the lowest meaningful region Bitcoin could revisit before continuing higher, while a breakout above $78,500 opens the road toward approximately $82K. Once $82K breaks with strength, the Soft Bull Market turns into a full bull market escalation. The reaction around $60K also confirmed something extremely important: there is serious capital waiting to enter this market. Bulls showed that they are ready to deploy size when fear appears, while everyone waiting for $50K, $40K or some magical four-year-cycle bottom was left watching the market move without them. And personally, I doubt the market will now be generous enough to give the majority another clean opportunity below $71K. This is how markets work: when everybody is waiting for the same entry, the market usually refuses to serve it. There is also something I want to explain because I keep reading that “RSI is overbought,” and many clearly do not understand what they are talking about. On the weekly timeframe RSI remains in a neutral region, and the same applies to the monthly timeframe. These are the major timeframes we watch when discussing a macro trend. The daily RSI matters for short-term movements and should absolutely be watched, but I do not consider it a major risk at the current price area. A huge part of this move happened because shorts were forced to close rather than because the market suddenly became overloaded with new leveraged longs or gigantic spot purchases. Bears became buyers against their will. In other words, the strength of this move makes the daily RSI look hotter than the underlying market positioning really is. And we have seen this exact psychology before. In 2023 Bitcoin went up from around $16K to $25K, an increase of approximately 56%. Eventually RSI reached extreme levels and Bitcoin corrected roughly 22% from $25K toward $19K. Fear and Greed reached extreme fear levels and many holders who survived the entire bear market suddenly panic sold because they believed another disaster was beginning. And guess what happened few days after that bearish trap? Bitcoin escalated from approximately $19K to $30K, another move of almost 60%. This is why history is our friend. Not because the exact candles repeat, but because human psychology repeats forever: fear, disbelief, short squeeze, correction, panic, capitulation and then expansion. Different cycle but the same humans and they will not change. My plan therefore remains ridiculously simple: I hold the assets I accumulated while others were afraid, especially my Galactic Three: Ethereum, Circle and Coinbase. My BTC/ETH allocation remains 60% ETH and 40% BTC, and this is the first cycle in my entire trading history where Ethereum has a larger allocation than Bitcoin. Usually I always invested significantly more into Bitcoin, but this cycle I am making the larger bet on ETH. Since my entries I have shared in the Premium Membership in full detail: BTC is up +26% ETH is up +33% CRCL is up +50% COIN is up +15% These are not assets I discovered after they pumped; these are the assets I positioned into while fear dominated the market, and the Galactic Three Report is a big proof that I saw THIS exactly coming. I strongly recommend everyone to read my Galactic Three Report pinned on my profile because what is happening in front of us is much bigger than one Bitcoin breakout. Tokenization, stablecoins, on-chain settlement, institutional adoption and the infrastructure of global finance are changing in front of our eyes. The goal is to position before the mass understands what is happening. For Bitcoin my map is now brutally simple: $71K is support, $78.5K is resistance that Bitcoin will manage to break-out above, and $82K is the start of the bull market escalation. Everything between $71K and $78.5K is noise. Now I hold. The bears had their market. Now the bulls are taking control. Join Premium: https://t.co/Qx4dZU3sVM

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Gerald Kammerlander

@KammiGerald

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