Seasonality
Update BTC in DecUpdate BTC in Dec
As shown in the picture, the weekly frame has broken out of the line, now we buy more according to the increase plan and continue until the end of the first quarter or the beginning of the second quarter of 2024 to take profit.
I predict that when the price exceeds the border of 45 thousand, it will maintain its price and accumulate into a cup-with-handle model.
Good lucky!
See more of my weekly analysis below! 👇
BTC Fractals. Where the price is now in projection to the past ?Logarithm. Time frame 1 week. Fractality, cyclicality, halving time. Reset before the “participation” phase in the last cycle.
This is what it all looks like on a line chart of price.
Where is the price now in projection to the past in terms of meaning? Your opinion...
Just a reminder, altcoins are really pumped right now. Protect your profits if they are substantial, and don't get greedy.
Pyth next $1 coming !Pyth currently trading inside the 4h FVG.
●Pyth should hold the 4h FVG for further pump.
●Upsdie target remain $1.
●Losing 4h FVG might turn Pyth bearish for short term, but for long term Pyth is Bullish.
●Remember to buy every dip because we are in a bull market, if you don't buy you will regret.
Is the SP500 better than Crypto?👀CRYPTOCAP:BTC / SP500 Correlation
#Bitcoin and the SPX mostly correlate (move similarly). It is clearly visible that most of the histogram is green except for some cases which I circled in gray areas.
📝What do we have now? Although they are now maintaining a positive correlation, the latest movement of the stock market is even stronger than that of Bitcoin.
💡The stock market is growing due to optimism about increased liquidity and, of course, the AI narrative, which has had a strong impact on MSFT and NVDA, strongly driving the technology sector SP500.
So far, most analysts agree that 2024 will be positive for the stock market.
Crypto bull-cycle started?US01MY just crossed-up US10Y, which -if history is any guide- indicates an impeding long-term crypto market reversal and signals the start of a new bull-cycle .
Given my previous prediction for BTC to bottom out at $9.5k - $10k, I expect a strong market shake-up in the upcoming 2-4 weeks .
Good luck all.
The AI Crypto Boom: Is This the Beginning of a New Era?2023 has witnessed a significant surge in AI-related cryptocurrencies . This boom can be partly attributed to the explosive growth of NVIDIA (NVDA) stock, a leader in the graphics processing unit (GPU) industry, which are used to train AI models.
Factors Driving the Growth
NVDA's Rise: NVDA's price has been on a tear, forming a bullish manipulative pattern. This bullish trend has inspired investors to have similar expectations for AI-related coins.
AMD's Accumulation-Manipulation-Distribution Pattern: AMD is not a competitor of NVDA in this context, but rather an example of a successful "accumulation - manipulation - breakout" pattern.
This pattern is characterized by a period of accumulation, where investors slowly buy up a coin, followed by a period of manipulation, where the price is artificially inflated, and finally a breakout, where the price rises sharply due to increased demand.
Effect on Other Coins:
The bullish trend in NVDA and the successful breakout of AMD's accumulation-manipulation-breakout pattern have led to a surge in AI-related coins such as RNDR, THETA, NEAR, and FET.
A Look at Promising Coins:
RNDR: Render Network utilizes a decentralized network for 3D graphics and video rendering. The rise of the metaverse could potentially drive demand for RNDR's services.
THETA: Theta Labs aims to revolutionize video streaming by providing a decentralized content delivery network. The growth of streaming content could make THETA an attractive investment.
NEAR: NEAR Protocol is a smart contract platform focused on scalability and speed. The growth of decentralized applications (dApps) could make NEAR a valuable choice.
FET: Fetch.ai is developing a decentralized network for exchanging data and machine learning models. The growth of AI could increase demand for FET's services.
Important Considerations:
The cryptocurrency market is volatile and unpredictable. It is crucial to conduct your own research before investing in any coin.
This article is not financial advice. Only invest what you can afford to lose.
Conclusion
AI-related cryptocurrencies are experiencing impressive growth. While it is impossible to say for certain whether this is the beginning of a new era, the possibilities of AI in the crypto space are worth considering. However, it is important to conduct thorough research and understand the associated risks before investing.
RNDR reached our targetRNDR was hold the Daily Inversion FVG the red rectangle which acted as support and made RNDR to have a huge pump.
●RNDR can easily go for 3 digits in the coming bull market.
●For now let's wait for the next opportunity to buy RNDR for those who missed it.
But those who bought it are enjoying the profit.
When BTC gonna be 100.000$?By applying basic Elliott Waves and considering resistance levels, along with the historical trend that Bitcoin's price tends to perform well about a year after halving events, there's a possibility of seeing BTC reaching approximately $100,000 in the spring or autumn of 2025.
What's your thoughts about it, guys?
Possible reversal zone and eventual target of the BTC.D+ETH.DPossible reversal zone and eventual target of the sum of BTC and ETH dominance, taking into account past cycles.
Considering that there are increasingly more projects and that projects from previous cycles like Solana have been gaining more market share, it is assumed that the dominance of BTC and ETH will not surpass the peak of the previous cycle (as occurred in the previous cycle, where the peak reached the maximum of 2017).
The zone of relative equal lows below is the target for the movement preceding the blow-off top. Considering past cycles, the tops are made/hit before the blow-off top.
The dashed, red lines mark the peaks of the sum of the dominances, which, in comparison with the bitcoin cycle, precede the blow-off top. Until the blow-off top, both dominances lose to other projects, with bitcoin's dominance being the one that loses the most.
BTC USD confirm sellBitcoin (BTC) price action is showing strength and volatility after seven weeks of consolidation. The current weekly BTC candlestick has already registered a 9.30% gain and is likely to close on a positive note.
BTC overcame $42,289, which is the midpoint of the last cycle’s bear market crash of 77%.
Additionally, it has also flipped the $45,156 weekly resistance level into a support floor.
Hence, investors should keep some gunpowder dry, should Bitcoin price trigger a pullback. For now, the key levels for buying the dips include $45,156 and $43,823. A bounce coupled with a spike in buying pressure could send Bitcoin price to the next key weekly hurdle at $52,062.
dxy will fly today be cARE FUUUUULLLLLL!!!TVC:DXY AFTER CROSS THE black line and retest we could pump it tp 104/700 and we could get in trap because of funds i think the economic news is bullshit and it just cause a Volatility
if the red line happens we could short GOLD
but
if we traped in and we go for purple scenario we should long GBP and gold for NY session
BE HAPPY REGARDLESS berleo