Another Path to a 2025 Q4 Cycle Peak for BTC.
Overall market sentiment unanimously agrees that we're going higher next year. The question is how high and for how long? What happens after?
IMO its impossible to predict so instead, let's account for the most likely scenarios and react quickly as they develop.
Not my base case but a possible scenario for a wildcard cycle with diminishing returns. While ETFs flows are adding noise, on chain metrics are still a great sanity/narrative checks. Will be looking to layer exits based on key price targets as well as time based profit taking (Q2 2025).
Key On Chain Metrics are MVRV, Puell, Value Days Destroyed (VDD), Realized...
Bitcoin has burst through the significant resistance level of $90,000, shattering previous resistance after a brief consolidation period at $87,000. Key indicators suggest a clear trajectory toward the notorious $100,000 milestone.
Drivers of the Breakout
Fibonacci Extension Breakthrough: BTC has successfully pierced the 2.618 Fib level, signaling robust...
Total Market Cap Breakout
The crypto total market cap is poised to breach $3 trillion, fueled by increasing volume and Bitcoin's surge past $81,000 resistance.
Key Indicators
Next significant resistance: 2.618 Fibonacci level around $90,000
Weekly RSI remains overbought, indicating a potential pullback
Trading Strategy
Taking profits below $90,000 in...
Bitcoin is in price discovery again
1. Resistance Breakout: After months of consolidation, BTC has surged past the previous ATH resistance, indicating strong buyer interest. This breakout shows potential for a sustained rally.
2. Fibonacci Extension Levels: Using the Fibonacci extension from recent lows, the next major resistance aligns near $81,500. This target...
Nexo has been on an absolute tear from the Fall of 2020 and the momentum looks to only be picking up. A major breakthrough at the 0.618 Fibonacci level followed by a strong ~20% pump into a new ATH indicates a continuous push well into the 1.618 and 2.618 fib levels. $4 and $5 are major levels to watch out for and keep in mind for possible profit taking opportunities.
Massive increase in userbase and huge upside momentum are on the side of Nexo. The price has stabilized around $1.70 for the past few days and it is holding strong. IMO Nexo is looking to break up through 2 fib levels and test the resistance at $2. Let me know what you guys think.
Once 16700 is crossed and is confirmed I will be opening a long position to ~18800. If we are rejected expect a correction to 15900 support. Let me know what you think.
