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The closer to the elections we get, the more volatility we'll see. I've mentioned this before, but I can't even begin to imagine how election night is going to be. Likely to see up to ~5% moves up/down as results on important swing states start coming in. Imagine alts.
#Bitcoin Looking at the volume profile, there's 4 major price regions that have seen most trading volume this year. 1. $69.5K. 2. $67K-$68K. 3. $62.5K-$64.5K (Price spend here most time). 4. $61K. I'm mainly determining this level by level for the time being.
"The Golden Ratio Multiplier" has been pretty effective at picking out previous (intra) cycle highs on #Bitcoin. According to this metric, the next big resistance area sits between $90K-$110K. Where do you think this cycle tops out?
Timeline trying to convince each other why their AI memecoin is the best one and next one to pump.
$DOGE Looks quite good to start the next leg up I think. Clear low timeframe range formed here. Eyes on $0.147 to see how it reacts there. One of the stronger coins this week.
You wouldn't guess it but Meme coins are the biggest outperformers this month. By a mile. This has been the theme of the cycle so far. I think we'll get other narratives over the next year but as long as there's none, meme coins (and AI) are expected to keep doing well.
$SPEC Has been making its way higher and flipped the big $9 horizontal region. Looks like this wants to keep moving on the back of the AI Agent narrative. Arguably it has still been quite under the radar until now. Thin air up here until $13+ so let's see if this keeps going.
Video Format - Moving Averages
$OM A scenario like this wouldn't surprise me. This coin tends to make new highs, bleed down below the previous one, chill there for a bit, and then make the ascend to a higher high. Still one of the strongest trends out there this year.
$METIS So far so good. Flipped that local resistance area above and is now consolidating against the Daily 200EMA. Has been holding up pretty well during these past few days of consolidation. Key level remains $50. After that, it should accelerate.
$PYR Getting more and more compressed in this small price range. Needs to break and hold that $3.1+ area to get a move going to the $4-5 region. GameFi is seeing some short impulses where coins are moving but it will take more to get the narrative going. Once it does, coins…
$APT Trying to break past this ~$10.4 level. Made a good base right above $10 looking at the volume profile. Needs BTC to hold and I think there's a good chance that this keeps slowly grinding higher.
I've recently made an investment in @0G_labs. 0G Labs is the first decentralized AI Operating System. It acts as the foundational layer for decentralized AI applications. With this cycle's AI hype/meta I think this is an interesting one to keep your eyes on and potentially get…
$CAT Big move up after the Binance futures listing. Key level to hold below is that ~34000 region to not risk retracing the listing candle. Cat coin meta still pretty strong so keeping an eye on this.
$SILVER Reached the $35 target which has been our target for a while. Extremely strong move the past few days. Let's see what it does around this region. I think some consolidation would be in place for now. Trade it using crypto
#Bitcoin Low to Mid timeframe has been up for a while now. The next key level is $70K which corresponds with the July high (Into the Trump Bitcoin 2024 keynote). The elections are only 2 weeks out now. I personally doubt we'll break ATHs before that unless Trump's odds…
Getting married to a bag is the worst thing you can do in Crypto. It will be fun during the bull cycle and helps you diamond hand the bag to crazy multiples. But when it's time to sell, you will likely not think straight and end up holding it back down. We've all been there.
#Bitcoin Interesting chart. It's showing the implied volatility on options. This spikes during high volatility, often capitulation moves. All of these spikes up, were met with local/cycle bottoms. Capitulation = Opportunity. E.g. Luna, FTX, Yen Carry trade etc.
There is no need to fomo or go crazy on leverage. When things get really hot again, your spot positions will yield you plenty of gains. Trading perps can be lucrative but also need good risk management and a lot of experience.
#Bitcoin First tapped its previous cycle high back in March. Now, 231 days later, it's trading right back at that level. This has been the longest consolidation around a previous all time high $BTC has ever seen. What follows, should be an explosive move I'm assuming.