Blowoff top could be coming if crypto continues it's run up. Fundamentals on-chain show serious ETH supply shock coming to help fuel this growth in price next 2 months.
Very important weekly close today. If VIX closes above this descending bullish wedge, expect significant volatility for months ahead.
I expect bull market to run up hardest in November leading into a december possibly peak. If bitcoin achieves my target by Dec of $130-530k, coinbase will surely do phenomenal and set new ATH.
this could be the base for next move up for a bull trap or a pleasant surprise and new ATH (low probability)
Time to get ready to short the market... final blowoff better happen quick - as it will only last until likely the energy woes hit american soil - the SnP and Dow both slid about 45% over the following year after the embargo started. On the chart, I highlight October 19, 1973, when the 12 OPEC members agreed to the embargo. Over the next six months, oil prices...
This could be the massive breakout for Hex now after pulsechain sacrifice phase over
If the whale's on-chain data remains very bullish during this runup and we don't experience a bull trap, then this is a potential 17x fib extension scenario based on rhyming of previous cycles and my original call back in 2017 of ~$285k top by 2022/2023.
No brainer trade coming IMHO. This is not financial advice.
Is this bull market going to hold up like past ones?
If alt/crypto bear market is here, then targets below are pretty far.
you couldn't have a better setup for gold fundamentally and TA wise. Price is meaningless when you have value shown by ratios.
momentum should give bitcoin another 2 weeks or so of bullish counter-trend rally during this decline. Targeting weekly 20 MA.
I think we could revisit $30k in a few weeks but for now I think we have a bottom potentially
If this is a bull move - then we have seen the bottom - refer to the fractal from July 2013
what a flash crash.