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$BTC A bunch of shorts have entered the market the past few hours. But the fact that price just keeps slowly dribbling back down instead of punishing these is something worth noting. Generally, if the bulls are in control, and shorts enter at support they get punished instantly.…
New Video! Discussing the choppy/disappointing start of 2025 and my view on Q1. If you like my content, consider subscribing and leaving a like! It helps to push it in the algorithm.
$BTC No CME Gap was created this weekend as it got closed straight away at the open. New week ahead!
$BTC Still stuck in this late 2024/early 2025 range. Keep an eye on these levels and don't get chopped up until then. There will be plenty of room to capture larger moves upon breaking this range.
Looking at the TOTAL 3 (Altcoin Market Cap) divided by the BTC price can give a good idea of the BTC or Altcoin momentum relative to each other. Excactly 4 years ago, altcoins started an explosive rally relative to BTC. This was about a month after BTC broke its 2017 all time…
People will get the loudest at local tops & bottoms. Don't let opinions on here influence your own thinking. It generally only puts you off. You can use other ideas or biases to strengthen your own analysis but there's a thin line between getting influenced and using it to your…
The $TOTAL Crypto Market Cap still just consolidating above its previous all time high. High timeframe up trend still very much alive. Zoom out.
$BTC.D Has historically moved down considerably in the post halving (and last) year of the cycle. This is generally when retail comes in the market and the euphoria stage occurs with inflated prices on many altcoins.
$XRP Attempting a breakout of this bullish pennant. Will be interesting to see if it can actually push through and hold the breakout. If so, I'd be expecting higher over the next week.
The percentages $ETH does within its first few weeks of the year are pretty crazy. Double digit percentage weeks are not crazy to see, looking at Ethereum's history. Remind me to watch out for week 8 All jokes aside, this can give a good idea of the seasonality which is…
$BTC It's weekend. Not expecting much after all the volatility from last week. We'll see next week. 🫡 Enjoy your weekend!
$BTC Initial breakdown failed yesterday. Still holding this triangle/pennant. As mentioned yesterday, it could easily take another week or two before this actually breaks out and leaves this price range.
$BTC Initial breakdown faiiled yesterday. Still holding this triangle/pennant. As mentioned yesterday, it could easily take another week or two before this actually breaks out and leaves this price range.
The Chart below shows the total money raised in funding rounds for Crypto projects. Obviously, this peaks around the highs of the market when sentiment is high and valuations through the roof. This is also when the risk/reward for investors is often the worst. The end of 2024…
$STX Has been consolidating between ~$1.3 and $2 for the better part of last year. I'm watching for another break of $2 which would lead to another test of the highs I'm assuming. The recent Nakamoto upgrade and network increases have made it so block times are now quick (not…
Honestly, seeing where $DXY and Yields are at, and considering $BTC is trading at $90K+, that's pretty impressive. Going to be an interesting market once DXY and Yields finally do come back down or at least stop going up at the pace they are now. The question is why they will…
The $TOTAL Altcoin Market Cap has just been chopping sideways in between these two weekly levels I marked out 2 weeks ago. No changes here. Everyone losing their minds while there's little to no progress made to either direction. Hold tight until $1.1T+ when the fun starts.…
$CPOOL First decent dip since the ~900% rally from the August lows. Making for some healthy consolidation. Would like to see some sideways action here and for this to retake the $0.388 level after. $0.27 is an interesting support level in case it gets there.
$BTC Now in its 13th green hourly candle in a row. The past few days we also saw $ETH hit 13 red 4H candles in a row. Market is either up only or down only on these smaller timeframes. In the end many get chopped up. Zooming out is my recommendation :)
I prefer horizontal levels over diagonal trend lines any day. Horizontals often align with psychological numbers. They are the same on every chart and many people are looking at similar levels. They are also the basis of many targets and stop losses which makes horizontal…