Let's talk about when alt season start. Below is chart of BTC and other coin market cap. I want to share my simple analysis.
The chart above is Bitcoin market cap vs other coin market cap combined. This is based on the 4 years crypto miner cycle. We can see there are several pattern we can observe. Orange Line : BTC market cap. Blue Line : Alt coins market cap excluding BTC. White Line : Total market cap.
BTC PeakWe can observe from the chart that when altcoins market cap start to converge
$TRUMP You know what? USA is controlled by a man child. The oligarch is a bunch of man child. Forget them we can stand on our own. Crypto can stand on its own. It has been the case for decade. What changed? Just because of BTC reserve that didn't came? Why are you selling your BTC to them? Don't sell your BTC ever. accumulate at cycle low unload at cycle high repeat every 4 years. We have the BTC miners in our back. Forget Trump forget USA focuss on our goal as cryptocurrency to decentralize and freedom from traditional financial system, isn't that the goal in the first place for god sake.
$BTC $ETH Market maker clearly didn't stop pushing this we're so close to ATH. Just one more step. This is epic battle of market maker vs algo. Let's see who win.
$BTC Good job market maker. Retail are bearish hoping for lower prices but the divergence is clear as day. The price move higher while the sentiment still bearish.
$BTC $ETH Nvidia crash was a blessing for both BTC and ETH. Now all that capital will reenter somewhere and according to my analysis it will re-enter on BTC or altcoins. Maybe this is time for ETH to shine. Fly high baby.
Heqvy
--
Bullish
$BTC 104k maybe not the best entry but i assure you, you won't regret it. I've predicted that moving into February we'll see a bear capitulation.
The half cycle low already in at 97.7k meaning price won't touch this price again. Now i will try to find the cycle high to unload an reenter at weekly half cycle low. but if there's isn't much drop in the price i'll consider holding till price target of 120k to 138k.
You can copy here to not miss. Or follow me to stay updated. Let me know if you have further question i'll answer best as i can.
$BTC 104k maybe not the best entry but i assure you, you won't regret it. I've predicted that moving into February we'll see a bear capitulation.
The half cycle low already in at 97.7k meaning price won't touch this price again. Now i will try to find the cycle high to unload an reenter at weekly half cycle low. but if there's isn't much drop in the price i'll consider holding till price target of 120k to 138k.
You can copy here to not miss. Or follow me to stay updated. Let me know if you have further question i'll answer best as i can.
$BTC This already played out really well with BTC touching 97.7k at the time. I will cover my next analysis soon. Don't forget to follow.
Heqvy
--
$BTC Correction target, I'm using NASDAQ as reference. According to mid term support we can correct 4% from top which translate to 8% up to 12% correction in the BTC putting us with 98k to 94k price target for this week.
From fundamental perspective we will see big tech earning report and most importantly FOMC meeting this week. So expect a lot of volatility.
Also today can turn into black swan event if the the NYC market ended up panicking which potentially because of Trump aggressive policy enforcing a lot of unnecessary tax on import and export.
I won't be surprise if Powell blame Trump if inflation goes up. And there's a high probability that Powell will talk about it on FOMC meeting and cause a lot of fud.
Remember the government isn't your friend. The crypto itself is build in the foundation of freedom and decentralization. It is stupid to hope for centralization from the government in the first place.
$BTC Powell probably gonna talk about pausing Quantitative Tightening (QT). That will be bullish for the market. Currently some insider are buying but it can be a trap to trap some more longs.
$BTC Why i'm using NASDAQ? Well BTC chart isn't reliable for TA at this point too many impulsive buy at the slightest of news.
Heqvy
--
$BTC Correction target, I'm using NASDAQ as reference. According to mid term support we can correct 4% from top which translate to 8% up to 12% correction in the BTC putting us with 98k to 94k price target for this week.
From fundamental perspective we will see big tech earning report and most importantly FOMC meeting this week. So expect a lot of volatility.
Also today can turn into black swan event if the the NYC market ended up panicking which potentially because of Trump aggressive policy enforcing a lot of unnecessary tax on import and export.
I won't be surprise if Powell blame Trump if inflation goes up. And there's a high probability that Powell will talk about it on FOMC meeting and cause a lot of fud.
Remember the government isn't your friend. The crypto itself is build in the foundation of freedom and decentralization. It is stupid to hope for centralization from the government in the first place.
$BTC Correction target, I'm using NASDAQ as reference. According to mid term support we can correct 4% from top which translate to 8% up to 12% correction in the BTC putting us with 98k to 94k price target for this week.
From fundamental perspective we will see big tech earning report and most importantly FOMC meeting this week. So expect a lot of volatility.
Also today can turn into black swan event if the the NYC market ended up panicking which potentially because of Trump aggressive policy enforcing a lot of unnecessary tax on import and export.
I won't be surprise if Powell blame Trump if inflation goes up. And there's a high probability that Powell will talk about it on FOMC meeting and cause a lot of fud.
Remember the government isn't your friend. The crypto itself is build in the foundation of freedom and decentralization. It is stupid to hope for centralization from the government in the first place.