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Cas Abbé
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$BTC
broke out perfectly and now trading above $109k
We are already up 10% ✅
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BTC
108 773,82
+0.91%
836
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Cas Abbé
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Altcoin MCap is lagging BTC by 6-8 months. Before 2024, Altcoin MCap and BTC had a high correlation, but then PumpFun launched. This doesn't mean Altseason won't happen, but it'll be delayed. Right now, buying alts is like buying BTC at $60K in October 2024. In the next 3 months, BTC almost pulled a 2x and I'm expecting something similar from altcoins. I think a lot of large caps will pull 2x-3x in the coming months, while mid and small caps will pump 4x-8x.
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Bitcoin ETF inflows are back. Yesterday, institutions bought nearly $386M worth of BTC, the biggest inflow in nearly 2 weeks. The reason could be on-going trade talks between US-China, which is expected to be bullish. As I said earlier, $100K was the local bottom and a new ATH could happen within 1-2 weeks.
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Big. 🚨 @binance helped US and Taiwanese authorities shut down Incognito Market, a major dark web drug platform. 270 people arrested $200M worth of assets seized 144kg of fentanyl laced drugs recovered 180 firearms confiscated Massive respect for the @binance and Team. 🫡
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𝗔𝗹𝘁𝘀𝗲𝗮𝘀𝗼𝗻 𝟮𝟬𝟭𝟳 ➙ Double bottom followed by higher lows ➙ Multi-year slow uptrend ➙ 4-6 months of up-only price action 𝗔𝗹𝘁𝘀𝗲𝗮𝘀𝗼𝗻 𝟮𝟬𝟮𝟭 ➙ Double bottom followed by higher lows ➙ Multi-year slow uptrend ➙ 3-4 months of up-only price action 𝗔𝗹𝘁𝘀𝗲𝗮𝘀𝗼𝗻 𝟮𝟬𝟮𝟱 ➙ Double bottom followed by higher lows ➙ Multi-year slow uptrend The major gains are yet to happen, and will occur in Q3/Q4 2025.
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