BTC 12-16 months monthly projectionThis graph represents the next bull run we're all waiting for. The price could lose 20-30% of its current value during this period of time. The bullish trend should take strength from the next halving expected to happen in April 2024, in which we will see a rally to new maximums. I expect the next ATH to be around 100-150k.
Bullrun
SMI MFI Indicator: A Game Changer 💰📊 SMI MFI Unwrapped: The SMI MFI (Smoothed Money Flow Index) is a technical indicator that blends the Money Flow Index (MFI) and the Stochastic Momentum Index (SMI). It provides a unique perspective on market sentiment and momentum.
🔄 Understanding Global Reversals: The SMI MFI indicator is particularly valuable for identifying major market turning points. It can signal when Bitcoin is transitioning from a bearish trend to a bullish one, or vice versa.
🌟 Key Features: What sets SMI MFI apart is its ability to smooth out noisy price data, making it more resilient to false signals. It offers a clearer picture of money flow and momentum.
🔍 How to Utilize It: Traders and investors can use the SMI MFI indicator as a tool to time their entries and exits strategically. When it shows significant divergence from Bitcoin's price movements, it may indicate a potential trend reversal.
🔮 Navigating Crypto Markets: Keep in mind that while the SMI MFI indicator can be a valuable addition to your trading toolbox, it's essential to conduct comprehensive research and risk management before making any trading decisions.
In conclusion, the introduction of the SMI MFI indicator adds a new dimension to the world of crypto trading. It has the potential to become a valuable tool for spotting global market reversals in the dynamic Bitcoin landscape.
Stay tuned, stay analytical, and remember – in the crypto world, being ahead of the curve can be a game-changer! 🌐💰
Altcoin Market Cap Potential through Wyckoff Analysis 📊🚀📉 Wyckoff Analysis Refresher: Wyckoff analysis is a method for understanding the phases of price movements in markets. It encompasses Accumulation (a period of smart money buying), Markup (bullish phase), Distribution (smart money selling), and Markdown (bearish phase).
📈 Applying Wyckoff to Altcoins: We can adapt Wyckoff analysis to the altcoin market. Accumulation represents the phase when astute investors accumulate altcoins at low prices. Markup follows, with prices surging as the broader market catches on.
📉 Distribution and Markdown: After a substantial rise, we may see distribution, where early investors start selling. Markdown is the subsequent bearish phase when prices drop.
🚀 Assessing Market Cap Potential: By analyzing altcoin price movements within these Wyckoff phases, we can gain insights into their market cap potential. If an altcoin is in the Accumulation phase, it may have untapped potential as smart money accumulates.
💡 Key Takeaway: Wyckoff analysis can guide your altcoin investment decisions. If you identify an altcoin in the Accumulation phase, it might be a promising long-term bet. But remember, thorough research is crucial.
🔮 The Future Unveiled: Keep in mind that markets are dynamic, and past patterns don't guarantee future results. Wyckoff analysis is a tool to aid your decision-making, not a crystal ball.
In conclusion, applying Wyckoff analysis to the altcoin market can provide a unique perspective on market cap potential. Recognizing which phase altcoins are in can help you make more informed investment choices.
Stay analytical, stay vigilant, and remember – understanding Wyckoff principles can empower you to navigate the altcoin landscape with a strategic edge! 🚀📈
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Analyzing Bitcoin's Popularity: The Potential for Corrections 📊🚀 Bitcoin's Soaring Interest: We've witnessed Bitcoin's meteoric rise to fame, drawing attention from investors, institutions, and the general public. Its surging popularity has been nothing short of remarkable.
📈 The Price-Interest Conundrum: Here's the intriguing part – when Bitcoin's popularity skyrockets and the mainstream media begins touting its merits, it often coincides with a phase of rapid price escalation.
📉 The Correction Potential: What history has shown is that these periods of intense interest and price surges can also be followed by corrections – temporary pullbacks in price. This is a natural part of Bitcoin's volatile journey.
💡 Insights for Investors: Understanding this relationship between popularity and corrections can be valuable. It's a reminder that even in the world of crypto, markets don't move in a straight line. Corrections offer opportunities for patient investors.
🔮 Predicting Corrections: While it's challenging to precisely predict when a correction will occur, heightened interest can be a signal to stay vigilant. It's a reminder to approach the market with a balanced strategy, combining optimism with caution.
In conclusion, the surging interest in Bitcoin is a testament to its growing significance in the financial world. However, it's essential to recognize that popularity doesn't guarantee a one-way ticket to perpetual gains. Corrections are a healthy part of Bitcoin's price discovery process.
BTCUSDT : THE PERFECT LUNGThey say "Buy the dips", right..
But which ones? How do you know if it's reached bottom? Etc, etc.
These are all legitimate questions and there aren't very many answers out there.
That's where I come in..
This is confirmation of what you may have been thinking.
So, yes, you can go ahead and enter that perfect long position on Bitcoin with confidence at the current price ~$26150.
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DM me for custom requests and target insights.
Wyckoff Reaccumulation: Bitcoin's Market Phases 📊🚀🔄 Unveiling the Stages: Reaccumulation encompasses distinct phases – from a markdown phase marked by price corrections, to a trading range phase characterized by consolidation. Each phase reveals the intricate maneuvers of institutional players.
🚀 The Climactic Transition: The culmination of this pattern lies in the breakout phase – a moment where Bitcoin's price experiences a surge. This juncture signifies the conclusion of the reaccumulation process, often ushering in a substantial upward trend.
📈 Insights for Strategic Navigation: Profoundly understanding Wyckoff Reaccumulation offers strategic advantages. It enables the anticipation of potential trends and the identification of opportune entry and exit points.
💡 For Discerning Traders: Wyckoff Reaccumulation transcends conventional pattern analysis; it is a comprehensive methodology that grants traders an enhanced comprehension of market cycles. It's akin to deciphering the intricate narrative of Bitcoin's evolution.
In summary, the essence of Wyckoff Reaccumulation within the context of Bitcoin's trajectory is this: beneath the seemingly complex realm of price fluctuations lie decipherable patterns that serve as navigational beacons for informed trading decisions. Proficiency in this methodology empowers you to navigate the crypto landscape with heightened foresight.
Ethereum Next Breakout: More Bear?!Hello dear community. Welcome in @Vestinda Ethereum long-term price analysis.
Drawing parallels between 2019 and 2023 in the crypto world is gaining traction for good reason – the charts bear striking resemblance, and market sentiment feels familiar.
Undoubtedly, the markets are entrenched in a broad and substantial accumulation phase. It's broad due to the substantial market volume, and it's substantial because traders and investors are poised to acquire assets at any level, banking on substantial gains in the forthcoming Bull Run.
As of today, Ethereum's price consolidation mirrors a Rising Wedge pattern, evident when scrutinized on the Weekly timeframe using the Log price scale. Much like 2019, we foresee the Wedge breaking to the downside, finding its nadir within a robust support range around the $1000-900 mark.
Further reinforcing the parallels between the two eras, the Relative Strength Index (RSI) underscores comparable price actions in 2019 and 2023. The RSI is trending beneath the downtrend line, suggesting the potential for yet another breakout after a bottoming out.
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BTC ---> 2 ScenariosI'm going to relate this post to my previous one. This idea gives actual technical price levels to watch out for. To sum up , the blue channel's current breakout implies a slow retest. It aligns with the inflation rate reading announcement on the 13th of September. Therefore:
I'm bullish until the date of the reading
I expect high altcoin volatility (price increases are more likely) due to the temporary stagnation of major cryptos
Red scenario seems more likely at the moment
Do comment your opinion!
Using Fear to Invest Long-Term 📊🐻 🔍 The Wall Street Cheat Sheet: Imagine having a cheat code for the stock market. Well, the Wall Street Cheat Sheet is like that – a graphical representation of market cycles that occur over time. It's a visual guide to help you navigate market sentiment.
📉 Market Fear: When markets are gripped by fear and uncertainty, it often leads to panic selling. This can push prices down to levels that might not accurately reflect the true value of an asset. This is where the smart investor sees opportunity.
🐻 The Best Buys: According to the Wall Street Cheat Sheet, the best time to make long-term purchases is during the "Desperation" and "Capitulation" phases – when fear is at its peak. These are the moments when bargains can be found, setting the stage for potential gains as sentiment stabilizes.
💡 The Contrarian Approach: The strategy behind the Wall Street Cheat Sheet is to adopt a contrarian mindset. While the crowd panics and sells, you're calmly assessing undervalued assets that have solid long-term potential.
🚀 The Long-Term Play: Why does this strategy work? Historically, markets have shown resilience and a tendency to recover after periods of fear. By buying during times of maximum pessimism, you position yourself to ride the waves of recovery.
So, what's the takeaway from the Wall Street Cheat Sheet strategy? 📊 It's about recognizing that market fear can create opportunities for patient and strategic investors. Long-term buys during moments of extreme pessimism can set the stage for potential future gains.
Stay curious, stay patient, and remember – while market fear might create ripples, it also lays the foundation for potential long-term rewards. 🚀📈
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Bitcoin's Quiet Before the Storm 🌊Ever noticed when the Bitcoin chart goes eerily quiet? It's like a still lake before a storm. But here's the scoop: this tranquility might not be innocent. In fact, it could be orchestrated by bigger players in the game.
Enter the whales – major market influencers. When they create low volatility by steadying prices, it can make others think nothing big is coming. People start selling, thinking the party's over. And that's when the whales strike.
By triggering a sudden price surge, they catch sellers off-guard and reap rewards. It's like pretending a movie's dull to empty the theater before revealing the epic climax.
Remember, appearances can deceive. Low volatility might mask a grand plan . Stay cautious, stay informed. Don't exit too soon and miss the show. In crypto's realm, the still waters can hide a tempest.
Stay sharp
Low Volatility Clue to Upcoming Growth 📉🚀🔍 The Quiet Before the Surge: Imagine the market as a serene pond, not a ripple in sight. That's low volatility, my friend! But here's the juicy part: it's like the market is catching its breath before leaping into action.
🚀 Springboard to Momentum: Low volatility? Think of it as the trampoline for a potential price leap. The calm is like the calm before a concert – the band's tuning up, and the audience is in for a treat. In the crypto world, that treat might just be a price rally.
💡The Precursor to Uptrend: When the market's rocking low volatility, it's like a hush before the storm – a storm of bullish action, that is. Keep your eyes peeled because this serene moment often precedes an upward price movement.
🚴♂️Traders' Playground: Traders love these tranquil spells. They're like pit stops during a race, a chance to strategize and gear up for what's next. A little breather, a lot of potential.
So, what's the low-volatility takeaway? 🌌 It's not just a downtime; it's a heads-up for traders and investors. The calm might just be the quiet you need to brace yourself for a burst of excitement.
Stay curious, watch the charts, and get ready for the market's next groove! 📊🎉
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40K is the level to claim for Bullrun confirmation - learn whyHi all, just take a look at previous bullruns and draw a line 40% from the bull run top. That is more or less the level that needs to be claimed before speaking of a bull run.
But, what you also see is a retracement at first touch of approx 30-60% in previous runs. This leads me to think that we can now easily see a run up to 40K and then seeing a retracement back to these levels of 29/30K before going claiming the 40K level and upwards into bullrun territorium.
So don't be fooled that going to 40K with an ETF approval is confirmation of a bull run.. it won't be! It will be perfect fuel to kill longs, and the big boys to go shopping at 30K before a real bull-run is starting.
Bitcoin and the Engineering of a Mass 2-Way LiquidationBitcoin is set up to perform a two way liquidation any moment now - as it corresponds to DXY.
The chart is loaded with stop orders shown respectively as buy orders in green and sell orders in red.
This is how the chart engineers such moves to perform at such speed without reliance on retail traders at all - the orders are embedded in the chart itself.
Think of lighting the fuse of a chain of explosives that accumulate more and more momentum in a big chain reaction.
Look at my levels shown here for liquidation top and bottom - Bottom is the entry of a bull market to 60,000 or more.
God speed and be safe.
Riding the Waves of Optimism: Hedera HashgraphRiding the Waves of Optimism: Unveiling the Bullish Trajectory of HBAR
In the world of cryptocurrency, Hedera Hashgraph (HBAR) has been making substantial strides that echo a promising future. The buzz surrounding HBAR's potential ascent to $0.13 in 2023, as suggested by market experts, has invigorated the crypto community with enthusiasm. While predictions are speculative, they stem from a series of favorable indicators and developments that are propelling HBAR towards a bullish trajectory.
1. Strategic Integrations with Web 2.0 Enterprises: Hedera Hashgraph's progressive collaborations with prominent Web 2.0 enterprises have been a pivotal driving force behind its upward momentum. The platform's ability to seamlessly integrate blockchain technology into existing business models has garnered significant attention. As more enterprises recognize the benefits of harnessing the capabilities of Hedera's ecosystem, its adoption is poised to skyrocket.
2. Resilience Against Market Volatility: HBAR's performance during market fluctuations has demonstrated its resilience and stability. While short-term market shifts may lead to temporary price corrections, HBAR's consistent rebound after such episodes suggests a strong underlying demand. This phenomenon can be attributed to its growing utility and use cases, which extend beyond mere speculation.
3. Nurturing Long-Term Growth: Despite short-term bearish sentiment, the overarching sentiment surrounding HBAR remains optimistic. This is underscored by the anticipation of HBAR reaching $0.078 by 2024, as market observers believe that the platform's ongoing partnerships and technological advancements will catalyze sustained growth.
4. Building on Past Achievements: HBAR's historical price performance, including its previous all-time high of $0.56 in September 2021, showcases the token's potential to surge to new heights. This historical context provides a valuable perspective on HBAR's capacity to regain and surpass its previous peaks.
It's essential to recognize that the cryptocurrency market is inherently volatile, and predictions are speculative by nature. While the factors mentioned above indicate a bullish sentiment surrounding HBAR, investors should conduct thorough research and exercise caution before making investment decisions.
Disclaimer:
The information provided above is for informational purposes only and does not constitute financial advice or a recommendation to invest. Cryptocurrency investments involve substantial risk, including the risk of loss of capital. The price of HBAR and other cryptocurrencies can be highly volatile and may fluctuate significantly. Readers are advised to conduct their research and consult with financial professionals before making any investment decisions. The author and publisher of this article shall not be held responsible for any investment decisions or actions based on the information provided herein.