PEACE is bullish for $KERNEL | CipherX på Binance Square

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PEACE is bullish for $KERNEL 

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BTC mostly moves towards the max pain region. And right now, it's to the upside. If BTC pumps 10% from the current level, $11.11B in shorts will get liquidated. If BTC dumps 10% from the current level, $5.8B in longs will get liquidated. Do what you can with this information.

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BTC dominance almost retested multi-cycle resistance level. Is this the top or a new cycle high is coming? To be honest, it feels like there's one leg up left for BTC dominance. It could happen probably by mid-July, and will mark the top. This doesn't mean alts will crash, but they'll underperform BTC in an uptrend. The upward move in BTC dominance will be very similar to 2020-21 cycle, and it'll be a blow-off top. After that, the real fun for alts will start.

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BTC dominance almost retested multi-cycle resistance level. Is this the top or a new cycle high is coming? To be honest, it feels like there's one leg up left for BTC dominance. It could happen probably by mid-July, and will mark the top. This doesn't mean alts will crash, but they'll underperform BTC in an uptrend. The upward move in BTC dominance will be very similar to 2020-21 cycle, and it'll be a blow-off top. After that, the real fun for alts will start.

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BTC dominance almost retested multi-cycle resistance level. Is this the top or a new cycle high is coming? To be honest, it feels like there's one leg up left for BTC dominance. It could happen probably by mid-July, and will mark the top. This doesn't mean alts will crash, but they'll underperform BTC in an uptrend. The upward move in BTC dominance will be very similar to 2020-21 cycle, and it'll be a blow-off top. After that, the real fun for alts will start.

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Global liquidity is nearing a new ATH again. It dipped a bit in the past few weeks, but now the reversal has started. Also, DXY weakness is likely to continue which will further give more room for other countries to print more money. Talking about uncertainty, both tariffs and war situations have been over. Expect some more green candles and a possible new ATH for BTC in July.

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