jonnieking

jonnieking

Been studying the price action of Gold since Nixon took the US off the gold standard and the launch of the ETF. Here lies the clues to “this time is different”, where ₿itcoin could have its runaway moment and break free from the 4-year cycle. Thread coming soon 🤓

jonnieking

Very interesting chart to watch here FRED:RESPPANWW Clearly shows we're still in QT, but obviously markets have been pumping. The Fed balance sheet is sitting at $6.9T which is the level in 2020 when the Fed continued its 2nd round of QE. I doubt they would announce they are buying assets again at the next FOMC on 12/17, but quite possibly at the January or...

jonnieking

This whole move up to $100k appears to be topped out and coming to the final squeeze. Going to be a drastic move in either direction very soon. CRYPTOCAP:BTC is either going to $115k or ~$85-90k. My Spidey-senses lean towards the latter; Bull Trap. Volume has been falling off a cliff during this rally, showing a strong case for a Bearish Divergence. If that...

jonnieking

I really wanted to buy some MIL:GOAT but this is such a horrible chart. Down ~60% in less than a month. Can't even hold the 9D EMA. 3 Black Crowes formed. Next areas of interest are $0.42 and $0.33 Could be forming a McDonald's pattern 😿

jonnieking

If you can't stomach 25% dips, you don't deserve 3,500% rips 💯

jonnieking

Bitcoin Dominance continues to tumble. CRYPTOCAP:OTHERS smashes through Local Top. Alt Season is well underway!

jonnieking

After breaking out of a brutal 116D descending channel, NYSE:PRO looks like it’s about to unleash a god candle on us all 💯 Next Targets: 150% to local high ~$4 235% to previous ATH ~$5.80 415% to new ATH ~$8.90 With @PropyInc sitting at a measly $100m MC, this micro-cap will absolutely rip when the RWA / Real Estate narrative catches fire with Onchain Summer (Base).

jonnieking

Literal picture perfect wet dream TA chart with $AIOZ 💦 This is the stereotypical Altcoin breakout chart that you should look for when trading this Bull Market the next 12 months. Notice how perfect these fibonacci levels play into this whole story and give perfect levels in and out 💋

jonnieking

Bitcoin appears to be topped out for the short-time being. EMA9 has crossed below the EMA21 and price has not been able to break above on the 4-hr. I expect a retest to $86,5 - $90k which the .382 Fib falls between. Once we get a solid retest and build support in that level we should see our next leg up past $100k

jonnieking

If you’re still wondering whether Alt Season is here or not, this is the only chart you need to see to prove it is. BTC.D has been going down while CRYPTOCAP:TOTAL3 has broken previous ATH with CRYPTOCAP:OTHERS lagging a bit behind. This shows the rotation from CRYPTOCAP:BTC -> Mid Caps -> Small Caps Monetary policy, more importantly rate cuts, have...

jonnieking

CHAINLINK IS A SLEEPING GIANT 🦣 It has been going through a 938 Day accumulation phase, and pushing for a breakout ~$25. While we’ve been seeing other 2017 dino-coins reach their previous ATH, CRYPTOCAP:LINK is still 200% away from its own. LINK will easily hit $125 - $150 this cycle, which will put its market cap ~$80-95 Billion. That’s the current size of...

jonnieking

4 days later, and CRYPTOCAP:SOL taps its ATH at $260 🤑 Price Discovery here we come! HIGHER 🚀

jonnieking

Once that breaks, CLEAR SKIES AHEAD BABY! Will be an easy climb to $350 to lead this next leg up for Alt Season 🥳

jonnieking

Trump's LANDSLIDE victory and Republican's controlling Congress has signaled full RISK-ON across the board in markets. This has caused everyone to sell their stables for CRYPTOCAP:BTC and Alts. Expect another 10% worth of CRYPTOCAP:USDT to be dumped into the market before we see a real correction. This will put CRYPTOCAP:USDT.D ~3.8% which was the local...

jonnieking

The TRUMP PUMPS BITCOIN 30% in the past 6 days since the election. CRYPTOCAP:BTC at $90K and in PRICE DISCOVERY. This means there are no prior levels of resistance on the chart, and SKY’S THE LIMIT. Next fib level of resistance comes ~$101,600. That’s another 15% pump from here. That does not mean we cannot go back down. $76,5 was the last hiccup in this...

jonnieking

CRYPTOCAP:BTC confirmed new bull market structure closing outside of the pennant 🐂 Should rip after Trump is announced POTUS and new round of rate cuts this week 🚀

jonnieking

At last, the Crypto CRYPTOCAP:TOTAL Market Cap has a BREAKOUT from the 259 Day trend! This was the lagging chart I was watching to confirm the next leg up in the bull market. The 20DMA has also crossed the 200DMA for the first time in 12 months. This is a SUPER bullish signal, as you can see what occurred last time in October 2023. With less than 1 week away...

jonnieking

CRYPTOCAP:BTC has pumped over 10% the last few days which sparked Bitcoin Dominance to reach the long awaited 60% milestone. Depending on how strong the weekly close is, CRYPTOCAP:BTC.D could reach as much as 65% before Alts start to play catch up. 1 week away until the US Presidential Election, with the following day FOMC bringing another round of rate...