If you go by Bitcoin's volatility alone as a measurement to decide where we are in the bullrun, this shows we are no where near the peak. Historically, BTC concluded its prior runs while seeing high volatility. Bitcoin's volatility is currently near its range low and hasn't replicated what we've seen in prior runs. I believe volatility will lessen in the long...
*if price action follows his previous term. Obviously past performance isn't indicative of future results (and I don't see us having another pandemic spike, lol), but it'll be interesting to watch how closely the DOW will follow his previous term. We'll see!
It's hard not to be bullish on Bitcoin right now. A lot of legislative hurdles are underway for Bitcoin- and Crypto-friendly laws in America, across the world as well. Super curious how this will turn out. If we get any notable drops, I would only see it as a considerably nice buying opportunity. Good luck!
Honestly, I don't believe this will happen. However, if life gets funny by letting XRP do the same pattern for a third time, it'll be one for the books.
Trump's welcome back to the presidency could be met with some volatility, similar to how election night was. If we do break to the upside of the flag, we have a decent chance of finishing January with some fresh ATH's, a target being potentially at the line of prior resistance around 130k. If we go below, look for good buying opportunities along the way, with 64k...
HAPPY HALVING Here are some potential ways I see this cycle going. Pink pathway: If a left translated cycle is in the cards. Yellow pathway: How I likely see this playing out, but we'll see! Maybe a good time to accumulate this summer. Purple: Degen pathway, hyperbitcoinization, hopium, s-curve adoption We'll see! Stay patient and stack sats
Sentiment around the world and markets is generally low, which may lead to a depressed time for Crypto. We'll see!
I don't invest in XRP, but I just thought I'd share how interesting its chart is since the start. I'd like to say I'm bullish for XRP holders, but who knows.
I'm honestly torn on what Bitcoin's dominance will be in the future. Just want to note this major inflection point we're at. I think an alt season could be close, but crypto always keeps us guessing.
Potentially how this bull run could play out. Personally, I'm more bullish on Chainlink, but I think this is a reasonable pathway to temper expectations. If it breaks above, all bets are off.
VERY UNLIKELY. However, one thing to question is how similar the 4th post-halving will be when compared to the 2nd. At this moment, they both have pretty similar setups. If history repeats itself, Bitcoin will be eyeing its next top somewhere in this yellow circle. While I don't think Bitcoin will go to 2 milly, I do know substantial rises are on the way.
We're at an inflection point. Bitcoin could bounce, and we continue our time in the channel. Or, we break down and revisit the lower 40k area, which coincidently, was where the Spot Bitcoin ETFs started trading. I'm sure ETF traders would feel uncomfortable if Bitcoin enters the 40k region again.
I don't think so, but keep an open mind. I heard a week ago Nancy Pelosi bought more, lol.
Potential summer slowdown There's been a noticeable uptick in criticism towards Chainlink on X, with the prevailing narrative questioning the necessity of the BIST:LINK token. I anticipate downward pressure on BIST:LINK due to Bitcoin's influence, potentially exacerbated by the voices of skeptics, who will cite CCIP GA as a failure. While this may lead to a...
Note the year and a half-long channel. Honestly, it could go down to supports, or we could break resistance. We'll see!
If the narrative holds true with recession/depression and other sad things, I could see this going back down to support. Presidents added for fun and perspective.
Chance of going up with the wedge before more pain. Yeah we'll see.