Well, if Btc follows a multi year gold-style consolidation/range, in a multi year macro inflationary context, alts could see the last mini bull season of this decade towards the end of 2024 - mid 2025. Alts like Sol could see a 500% pump while new low caps could see 2000-5000%. Interesting.
Been talking since last year about the worst case (red): 8 years away from next ATH The most bullish case would be the black scenario. Honestly, I cannot be bullish if I see the monthly chart.
I don't think this scenario is gonna happen but on a 12 hours timeframe I saw it so many times. Imagine the complexity.
Nothing to say., I'm super super ready for the next phase. Bottom end of the year / first quarter 2024. Then, well, it's going to be tricky.
Always the same scenarios. Different representations.
Many think we are going straight down but what if we see this kind of fake down fake up distribution before? Again, look at the similarities with the past cycle. End of 2022-Beginning of 2023? It could.
I will start buying it at1.5$ in Q4 2023. Now are are at mid range.. Will increase my short position if we see any short squeeze around 7 - 7.5$ (if). Bye.
Level is clear. I'm wrong above 0.95. Will increase my short position if I see any bounce at 0.62-0.77-0.84 (if) Bye.
As I mentioned before, we could be currently in stage 2 of this inflationary bear market. This means that inflation peaked in September and we can expect to see lower inflation for a few months, followed by a recession. This will likely lead to more bear market rallies until the Federal Reserve intervenes again and introduces more money into the market, leading to...
Accumulation means accumulation. Short term: A) quick pump, then down, then deviation (yellow line), then trend range down, then deviation to 1st of Jan 2021, then up. B) quick dump, then up, then A) Long term: A) meltup after accumulation, then down B) Up then down again after halving See chart. This is one of the scenarios I'm watching.
Time time time time....Wyckoff accumulation is hard..
Again: - yellow = consolidation for another week --> quick break up (2000-2300) --> quick flash down (1000-1500) --> $750 end of the year - grey = same as yellow but slower - red = melt up --> quick 5000$ --> quick down --> final deflationary bust in 2025 (300-500$) % of probabilities - yellow = 70% - grey = 20% - red = 10%
Nothing to say here. These 3 scenarios are self explanatory Red is more choppy Blue is more optimistic Black is worst case
Redistribution is happening fast. Schematic #1 was invalidated. Now we are going down fast.
Nothing to say about OPtimism. As I said since the end of Feb, we are going below 1.20$ soon.
Range levels, monthly levels, etc. Don't gonna explain too much. Colors are fine, it is what it is.
Many think we are going straight down but what if we see this kind of fake down fake up distribution before?
Time time time time....Wyckoff accumulation is hard..