95% of Crypto Has Been Convinced that the Calendar controls the crypto market....
They think that market won't hit lows until the end of the year, while institutions continue to stack billions and macro tail winds shift.
Mass Capitulation is already complete... No bulls left... If no one is left to sell then what happens next??!
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Also, I’d like to share $20,000 with my most active followers.
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2/➮ Following last month, $BTC grew by 50%, breaking a new ATH daily and nearly reaching the $100k
✧ Nevertheless, a significant number of individuals shy away from investing in BTC, thinking it’s overvalued now
And during this period, alts have underperformed compared to BTC
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I've never seen so much excitement over Bitcoin hitting $64,000 for the 20th time this year... 🔥
Well, maybe the first few times in March and April, then it was fear and now it's excitement again.
Let the bull market continue 🚀
I turned $150 into $75,000 on meme coins in one week 🔥
All you need is to use the right filters on DEX Screener.
Here’s how to find the next 100x memecoin before everyone else👇🧵
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I spent a lot of time on the research and would appreciate your support for sharing all my knowledge for FREE!
If you guys out there aren’t following @rektcapital , you doing it all wrong
This guy’s TA is spot on and has been doing it for a long time.
Give him a follow if you want a better chance of making it CT
Keep up the awesome work @rektcapital
🎯 🤯
$BTC $ETH $INJ $WOO $PAAL
bitcoin has been in an uptrend since the lows of $16k at yearly open of 2023, it has trended up -> consolidated sideways -> trended up again
currently it has been consolidating in a tight range between $58k & $72k for about 3 months
I tweeted around the range highs of $71k that I thought decent spot to derisk, reasoning is that market has levels of supply & demand, or resistance and support
the last daily candle up when the market peaked in mid march is the main resistance capping the market between $71.3k & $73.3k, its an important level because thats when sellers stepped in & there was more supply there then demand
when markets are trading in a range you want to derisk into the range high levels that are established resistance
now, im assuming that this range is bullish consolidation & that if we retest range lows (which is likely after testing range highs & failing) that it will hold and eventually push us to higher prices $100k+
but that is an assumption
if i am wrong on that idea, it is much more difficult to derisk on a break of support in an established range rather than at the highs, especially because if btc sells off its likely that alts selloff harder
i previously thought that majors sideways + memes up would be the trend like last april, but it seems like they are following majors price action as well
so, if you have spot positions, you either have opportunity to derisk some with tight invalidations (buy back when weekly closes are above $71.5k, $4100, $200) or hedge short with some positions
otherwise if we retest range lows you have no capital to bid & if range lows dont hold youre likely already down 30+%
personally i think prices will go much higher end of year and next year, but in hedging past few weeks i am protecting myself against the scenario that I am wrong & also putting myself in a better position to add more risk if people start to panic if we get a bull market pullback of 30% or so on majors
we have not yet broken bullish market structure on bitcoin or eth, partially so on solana daily chart as $160 is pretty key level, but if we were to break market structure on bitcoin for first time that would be first warning signal for market as @TraderMercury talked about the other day
but if I had to guess I dont think prices go much lower than mid-high $50ks, $2600-$2800, $100-$120
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The next Bull Run starts in 13 days 🔥
It's been 157 days since the last halving, and $BTC always goes parabolic after day 170.
I noticed this pattern back in 2017 and made over $100,000 on alts.
Today, I’m also buying the most promising 1000x lowcaps👇🧵
AI is eating up months of downtrend in single candles.
(Just as a certain golden god said it would)
The absolute pain panic sellers are about to feel is going to be biblical.
If Bitcoin starts another climb the green dildos will be so large that they blot out the sun.