$UNI - Great accumulation!
7.292$ - As you can see, this zone is being respected very clearly, and large capital is accumulating positions right here.
I’ve also established my entry here alongside them, and I’ll be waiting for expansion very soon!
My global targets remain unchanged! 🚀
𝗕𝗜𝗧𝗖𝗢𝗜𝗡 𝗩𝗦 𝗡𝗔𝗦𝗗𝗔𝗤: 𝗜𝗦 𝗛𝗜𝗦𝗧𝗢𝗥𝗬 𝗔𝗕𝗢𝗨𝗧 𝗧𝗢 𝗥𝗘𝗣𝗘𝗔𝗧? 📈
This chart shows Bitcoin's performance relative to the Nasdaq, and I've overlaid the previous recovery from the Gaussian channel back in late 2022, shown by the yellow bars.
The similarities are remarkable.
If the pattern continues to play out in the same manner, we could be about to see Bitcoin significantly outperform the Nasdaq once again.
Notice how the Trendicator also remained bullish for well over a year following the previous breakout. I'm not necessarily expecting the same duration this time, but given how closely price has mirrored that previous recovery, I do expect Bitcoin to start taking the lead.
Over the long term, since this chart began in 2017, Bitcoin has massively outperformed the Nasdaq, albeit with some enormous corrections along the way.
Will those yellow bars repeat?
It's entirely possible that the Nasdaq continues rising, but its meteoric ascent begins to slow, whilst Bitcoin takes the lead and heads towards new all time highs.
I'll certainly be watching for a convincing breakout above the Gaussian channel.
What do you think? Are we about to see Bitcoin outperform US technology stocks once again?
#Bitcoin #BTC #Nasdaq #Crypto #BTCUSD #TechnicalAnalysis #GaussianChannel #TradingView #BullMarket
Not financial advice. Just my own analysis and observations.
𝗖𝗥𝗩/𝗘𝗧𝗛: 𝗔𝗦𝗖𝗘𝗡𝗗𝗜𝗡𝗚 𝗧𝗥𝗜𝗔𝗡𝗚𝗟𝗘 𝗕𝗥𝗘𝗔𝗞𝗢𝗨𝗧? 🚀📈
$CRV has formed an ascending triangle against $ETH, with higher lows and relatively equal highs. Price has also broken above the daily Gaussian upper band, and the Trendicator is showing green.
CRV is once again among the top gainers today, up nearly 11% despite fairly flat broader markets.
I've marked a potential 80% gain against ETH if resistance breaks and market conditions support a powerful move.
With CRV currently at $0.3644, that would mean:
🔵 ETH stays flat: CRV reaches $0.656 (+80%)
🔵 ETH doubles to $4,790: CRV reaches $1.31 (+260%)
🔵 ETH reaches $8,000: CRV reaches $2.19 (+501%)
I think these are realistic potential targets under the right conditions, although there's obviously no guarantee.
First, we need a convincing breakout above resistance. Losing the rising support trendline would weaken the setup.
I'm very bullish on CRV and will be watching this chart closely. Let's see if we can finally get some significant outperformance against Ethereum!
Not financial advice. My own analysis and expectations.
#CRV #CurveFinance #Ethereum #ETH #Altcoins #Altseason #DeFi #Crypto #CryptoTrading #TechnicalAnalysis #Bullish #BTC #CryptoMarket
Some altcoins will outperform. Others will get left behind.
Here are some of my picks for the next 3-6 months:
L1
$SOL
$AVAX
$SUI
$KAS
AI
$NEAR
$TAO
$RENDER
$FET
Privacy
$ZEC
$XMR
$NIGHT
RWA
$LINK
$XLM
hedera-hashgraph:native
$QNT
$XRP
DeFi
hyperliquid:native
$UNI
$ENA
$AAVE
ethereum:0x808507121b80c02388fad14726482e061b8da827
Which altcoins would you add? 👇
BITCOIN DOMINANCE: ALTSEASON APPROACHING? 📊
Bitcoin dominance has been ranging for over a year, with room to test the descending trendline near 63%. However, I think the downside is looking increasingly likely.
The Altseason Index sits at just 11%, while the TOTAL3/BTC.D Altseasonality indicator is also near historical lows.
Both suggest altcoins are heavily out of favour, leaving considerable room for a reversal.
Do we get one final shakeout, or does Bitcoin rally while alts continue to lag?
I'm leaning towards a final shakeout before altcoins begin outperforming.
Hopefully not much longer before alts reclaim some glory! 🚀
Thanks for reading! If you enjoy my market analysis, please give me a follow.
Disclaimer: These are my personal opinions and observations, not financial advice. Cryptocurrency investments carry significant risk. Always do your own research.
#Altseason #Altcoins #BitcoinDominance #BTCD #Crypto #Cryptocurrency #CryptoMarket #CryptoTrading #CryptoAnalysis #TechnicalAnalysis #TOTAL3 #Ethereum #ETH #XRP #HBAR #CRV #FET #DeFi #BullMarket #CryptoBullRun #AltcoinSeason