I remember Q4 of 2019 pretty well.
$BTC was doing fine, ran up, $ETH starting waking up and #Altcoins literally kept falling and falling.
Nobody had a clue why that was happening, as it was completely disconnected from the blue chips.
Even during that period, #Altcoins were called dead.
Until macro changed and the sentiment flipped, that has resulted into an extremely bullish market.
This period, right now, is the same period.
#litecoin 😱
That move up into 2021 looks like a 3 wave correction. Has $LTC been in consolidation mode since the 2018 cycle top.
Compression leads to expansion.
If we see #ltc break the upper resistance, it could be in a target to $4k. This would put it just shy of current #ethereum market cap. 🤔
@nicocarvajal22@NiklasTheisen obviously nobody ( but Trump) would know for sure...but it's funny how markets tend to react at certain Fib Levels...keep your eye on that!
The Sentiment is low, But the data suggests the market is about to blow!
In the #bitcoin dominance chart, we have only ever seen 2 red sell dots on the #CoinskidRibbon.
The first one led to a HUGE SPIKE up in #altcoins in 2021.
Are we about to see the same playout again 👀
$VET is knocking on the door to be added to my #Altcoin portfolio.
The reason for that is that I invest in projects that keep on building, despite a negative market sentiment.
#Vechain is clearly doing that, as they keep on providing big updates on a monthly basis.
Let's talk about the reasoning behind a potential investment in the altcoin portfolio.
VeChain has been around for a long time and they have battled multiple bear markets, and they keep on delivering constant progress.
That's a positive thing, not a negative one.
The markets are constantly developing and changing, which means that it's not a bad case if we're not seeing changes made to a protocol.
The big changes that VeChain has done in the previous period are:
- An adjustment of the tokenomics resulting in a better structure for active participants within the ecosystem --> higher rewards for stakers --> more deflationary tokenomics (comparable to $ETH).
- On top of that, VTHO inflation is also decreasing, which fuels the ecosystem.
- More activity within the system through VeBetter triggers a higher burn rate of VTHO.
- There's more activity in the ecosystem as the transaction volumes have significantly increased.
- More projects and dApps are build within the VeChain ecosystem, fueling the entire sustainability case. These dApps will ultimately provide a positive flywheel effect for everyone involved in the VeChain ecosystem.
This ultimately leads to a case that the value of the token will be tied more closely towards the actual usage of the token.
Yes, that can still provide mispricing of the market price, as the activity has been significantly growing, while price has fallen. That will get back to neutral at some point in time, especially when the markets are returning towards their normal behavior (and, right now, markets are extremely undervalued after the massive crash that we've witnessed).
From a technical standpoint, it looks fantastic for a potential investment.
Why?
If we look at historical price action, for instance the COVID-19 crash.
In hindsight, that was the best opportunity to get into positions.
In hindsight, this will be the same case for the current markets.
In that sense, $VET is currently trading sub $0.02. The lowest valuation since 2023, just before the price of VET did a 5-10X.
As the market sentiment can't stay negative forever, it's very likely that the markets are turning, and participants will be looking at projects that have continuously been delivering.
From that perspective, reclaiming the level at $0.021 would be a great sign for $VET to show strength from here and to start a bullish breakout towards $0.12 as the next upwards leg will be significantly higher than the previous run.
That's a great return, but on top of that, if you're using the ability to achieve passive returns on your investments, then it would also be possible to be locking in more returns through staking your VET in the StarGate staking program.
If your return on the staking is 9% APY, then, if price does a 5X, the return becomes 45% on your initial investment, a massive top-up.
Given that the merge of Hayabusa towards mainnet is around the corner, I'm definitely looking to explore a potential case of adding $VET in my altcoin portfolio.
2025-2026 Bull Run in a Nutshell:
We experience a Bull Run whenever #BTCDOMINANCE plunges. Happened in 2017, 2021.
Now it is time for the next one.
I know the fear is everywhere,
But just step aside and check the data below.
Enjoy the show.
Re-affirming my assertion that our cycle top is not yet in and $BTC will see 150k+ before the cycle is over.
To show broader context of the move in the quoted tweet, here is my full primary count of $BTC off the 15k lows.
Key takeaways:
1. Rate of ascent should increase at an increasing rate into the final 5th subwave which will mark our blow off top. Implies all impulses moving forward will be more aggressive than the ones prior (parabolic advance).
2. Currently in subwave 2 of the final 5th wave after completing the impulsive subwave 1 which took us from 74k to 112k. Subwave 2 should bottom between where we are now and 74k which is our HTF invalidation (origin of subwave 1 impulse).
3. Measured move of our 1st subwave was 37.5k. A fair assumption is that our 3rd and 5th waves will be even larger, which implies a MINIMUM target of 150k+ for $BTC by end of cycle.
4. Time is not drawn to scale here and there is no hard invalidation on time as long as 74k is not breached (this PRICE level is what matters, irrespective of "time"), but going back to point #1 we know that the rate of ascent should only increase from this point onwards, so "time" should not be a concern. The longer we take to begin the next impulse the more aggressive it will be and the quicker the rest of the move will play out.
All stock indexes have made new highs now. As expected. BTC has made new highs. As expected. One important thing that’s missing is ETH making a clean new high and then consecutive highs to push some alts higher. The key to the so called “alt season.” That’s missing and the warning signs of gold and silver making new highs while we reach the end of the roughly 4 year cycle are going off. Sooner than expected. I expected ETH to drive alts up first, as it always has. Super bullish news articles coming in after an 8 X move from BTC.
All eyes on ETH. I’m on high alert. Been watching precious metals, ETH and indexes for days without much sleep.
We need ETH to go into price discovery mode literally in the roughly next 45 days.
Also, gold crossed $4,000. Looking for a clean, impulsive ETH break out that’ll pulverize some alts into action and commence a climb higher. Will exit remaining bags there without chasing the top. Selling late is significantly worse than selling early. Goal is to chase profits.