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$BTC ST liquidity. I start entering leveraged ALT positions if we move to the liquidity below us and I'll add if we come down to $94,000. Because this is long term liquidity; $130,000+ $BTC in June and ALT out performance....
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A little snapshot here of the newsletter. I’m telling you now you’ll love this week as an $XRP holder…. Read it here- https://open.substack.com/pub/theweeklyinsight/p/xrp-12-incoming-the-weekly-insight?r=rhzdi&utm_medium=ios
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Bessent suggests stablecoins could bring $2 Trillion of demand to US treasuries in the short term. IMAGINE the positive market impact that another $2 Trillion + of stablecoins would mean?! I swear whenever we see $1 Billion in $USDT minted Bitcoin surge
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I feel we are here. We have touched our first dense liquidity area and have rejected a little. Back on October 29th, it took us 8 days to correct 9% for $BTC from this level. When we found our low and bounced, ALTs rallied. We were here on $BTC.D: Do I think think the structure will be EXACTLY the same? NO. But do I think what comes following this move is an explosive move for $BTC and ALTs with the likelihood that ALTs out perform and start to take market share? YES. Remember this is what happened with $XRP. IF you want more or my thoughts as to what comes next for $XRP, please read my newsletter out later today. FREE as always
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I’ve been saying for a week or two now I thought we were somewhere within this pink circle. I think today showed us exactly where we are. I’ve highlighted below but will make it more clear tomorrow when I wake up. If I’m right and this is accurate, the next major bounce / push to the upside for $BTC is where ALTs take over in terms of % gain. If we are moving similarly to last October / November (I think we are), then $XRP ‘s next leg is imminent. I’ve gone into detail on $XRPs next move and what I’m doing about it in tomorrows newsletter
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