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$ETH Unlike $BTC doesn't have its best quarters in Q1 & Q4 but in Q1 & Q2. Making the first half of the year usually where ETH tends to shine. This makes sense as BTC is usually first after which ETH and other coins follow. Let's see if ETH can turn it around in 2025.
#Bitcoin Not too much action during the weekend as expected. Let's see if we'll get back to that Friday CME close price by the time futures re-open tonight. Overall, pretty regular weekend. Saturday pump into retrace/bleed on Sunday is something we've seen a lot.
$APT Metrics increasing rapidly. With the recent focus on (new) L1s again, and these protocols usually leading the way out of a long consolidation period, I am liking Aptos as an outperformer in Q4 & 2025. Meme coin market on top of Aptos also getting traction which helps bring…
Will be doing the educational video format on Moving Averages on my Youtube channel tomorrow. So stay tuned for that! ️
The total market capitalisation of meme coins is now sitting at $57B+ according to Coingecko. For comparison: The entire AI sector is worth "just" $29B. DeFi is worth $76B. So the meme coin sector is now ~2.5% of the entire crypto market. $DOGE Peaked at 90B mcap last cycle.
#Bitcoin's best quarters historically, are Q1 & Q4. We're just into the new quarter which has started off choppy. Where do you think it ends by the end of the year? The average return in Q4 is +81.11% which is largely due to 3 good years (2013, 2017 & 2020).
#Bitcoin's Volatility Levels have come down considerably during this recent chop. It's not back at levels from the Summer before the August drop. Generally, the lower the volatility goes, the more compressed, the larger the move that follows (to either side).
$OM Just keeps grinding higher into price discovery. Such a clean chart and very strong regardless of the low the volatility elsewhere in the market. The trend is your friend.
$FOXY Testing local resistance for the 4th time. A break here should lead to a move back to the 0.012 level which has been an important price region in the past. Good volume increase on this spike as well.
#Bitcoin The Coinbase premium has recently been going down again as there's was a lack of ETF inflows. This shows there's strong spot selling coming from Coinbase which generally weighs down on price quite a lot. The end of the week saw a decent recovery.
#Bitcoin It is weekend again so you know what that means. $BTC is likely to hover around the Friday close price during the weekend and to see action again once futures re-open on Monday. Any decent sized deviations above or below could be traded. I am however mostly touching…
$BTC.D At a big level here. The ~57-58% area has historically proven as strong support/resistance. A rejection here could lead to a move back to 52% which would help alts a lot. Thing is, this will be mostly dependent on ETH to lead the charge which is still weak as of now.
#Altcoin Sector performance showing a large outperformance by AI & Memes the past month. AI is on top here due to this only taking account the bigger CEX listed coins. If we'd add on-chain coins then memes would definitely be on top. Everything else mostly flat.
This #Bitcoin Cycle can easily be summarized in 4 parts. 1. Initial surge in 2023. 2. Sideways Q2/Q3 in 2023. 3. Second surge Q4 '23 & Q1 '24. 4. Sideways Q2/Q3 in 2024. This latest sideways chop has already been 2 months longer than the prior one. Time to get a move going?
#Bitcoin Has only had 2 red October's in its 11 year history. Currently year 12 is down ~4% on the month but there's 3 weeks left in the month. Elections coming up so I'm sure it will get more volatile as the month goes on.
$GOLD I think any decent dip you get here could be a decent buy for a mid/long term hold with a target to $2.8K. The big thing is, if the economy remains strong and rates come down, there will likely be outperformers (like BTC). Gold pretty safe though.
#Bitcoin The Daily 100 Moving Average is a good one to watch. Throughout the past few months, it has consistently acted as support & resistance with usually a strong initial reaction. Currently breaking below this and the Daily 200EMA.
The #Bitcoin channel keeps holding. It has now been well over 7 months of consolidation within this channel. There have been several attempts at breaking out to either side, all met with a strong reversal.
#Bitcoin's Monthly returns are like a traffic light this year. Green & Red months alternating each other as price chops around this $60K area on the high timeframe. No other year in $BTC's history has had alternating months like this. Not an easy year once Q1 ended.
#CPI Coming in slightly higher across the board but nothing major. Markets little changed in the initial reaction. $DXY and yields not much change either in the first minute. Would say that markets do whatever they would do regardless.