3X by 2026 based on long term pattern of BTC. Question remains whether the ETF brings in additional volume to pump the price to the stratosphere and soften any landings.... or the likes of Blackrock simply ruin this space.
Will start to buy again sub $12.25... I think Sol can keep the trajectory down with a bottom around $9 This is after I sold my entire stack @ $195 in December 2021... Its been a great year watching Invest Answers try to pump this crypto while it inevitably implodes.
I think the risk to reward is good here for Newmont. Especially for anyone lacking any precious metal exposure
Overbought, overhyped. Bear market pump. Goodnight, good riddance, farewell.
I am a seller of Theta at 1.30, looking to re-enter after another 40% drawdown to around 0.79. Macro outlook is not going to favour altcoins for the next few months. I am long term bullish and will enter with a fairly large position when we hit the lower target.
Break the 200 Day MA (BLUE) which currently sits at 48.3k, hold as support and I can see 84k by Sep-Dec possibly squeezing much higher.
Break this key level of support and we see 13000, not all bad news though my outlook over the next 12 months is we see Nasdaq back above 16000. Interest rate hikes are bullish historically 10% average over 12months with ZERO down years after a hike.
Every time in the past bar 1, when BTC has dropped below the 50W MA = goes down to 200W MA. 1 year ROI will trough in the next few months. I expect we see low 20s by mid-May.
Theta/BTC has been in a downward channel since May where we saw the big drop in the entire crypto market. Main-net 3.0 did not see the run up in value we had for 1.0 and 2.0. If BTC holds in this 50-53k range we could easily see a pump to, and above ATH. Much of the Theta is circulation is locked up by the corporate validators. Supply shock if very possible.
Last big run BTC held the 8W MA which is now being retested. Watch that level - next below will be the 20W MA and 21 EMA. If we can test and hold any of these levels for a few weeks, expect big rise in BTC. Previous run saw 450-500%. 500% from here would take us to $270k
Parachain auctions impending Oct15 onwards. Reef just needs to hold 55 on weekly to remain above 20W MA, already well above 8W MA. If BTC holds in current range, I can see some big moves to the upside for REEF.
Dot is printing a beautiful hammer candle on the weekly with a nice wick down through 8W MA, 20W MA and 21W EMA. Hammer candle signifies a bullish reversal and if BTC just holds in its range above its 8W MA (45k) DOT will pump to ATH. Parachain auctions are brewing with an intended launch of Mid-October. Interest over the next month will be HIGH.
Well below 8W MA, 20W MA and 21W EMA with 43% emission/inflation creating large selling pressure. Bearish in the short term, however you can earn 240% APY currently on Cakedefi.com which makes DFI a clear buy and stake. Buy and stake at these levels and enjoy the rewards.
Here we see cup and handle formation on daily which broke up and then pulled back in the recent BTC dump. Dot has held above important line and 21W EMA / 20 W MA. With Parachain auctions due Mid-October, if BTC does not upset momentum I see nothing but gains for DOT and will not be taking profits until $80. Sol holders would do well to flip some of their bag to...
BTC still fails to assert its dominance on the market and we see BTC.D again approach the 40% level. Break convincingly below and the next level to watch would be 37%. At these levels it would be wise to take considerable profits from Alts to BTC.
Watch for rejection or break of yellow trendline for long or short trade.