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$BTC.D Well on its way to the 2019-2021 highs. Whether it gets there or not, I don't know. I do think if we don't see any major macro changes in terms of QE and/or massive liquidity injections that this trend sustains. Saylor & ETFs are bidding $BTC with all their might as
$BTC Closing within a ~$100 range for the past 7 hours. The Fed's Interest Rate Decision and Powell's Speech coming up in 2-2.5 hours. So expect a lot of volatility once those hit, especially after this major price compression.
$ETH Still holding above $1750 but I think the bulls would want to get a move going soon. I doubt another test would hold again and if that level gives in it can be pretty easy to see how it just "Bart moves" back down to the $1500s. So still fine as long as it trades where it
Today we'll have another FOMC. The Fed is expected to keep rates the same. The market will be eager to watch for any dovish or hawkish changes in their tone which has been pretty mixed recently.
$BTC Throughout last year, we've been seeing most monthly highs/lows made in the first week of trading. In 9 out of 12 months, we've seen $BTC set its monthly high or low, within the first week.
The $ETH / $BTC ratio is now at the lowest volatility level it has been in 2+ years. After years of pretty much down only, it has stalled for the past month or so. Nothing we've not seen before but generally we do see the ocasional squeeze after price stalled out. Regardless,
$BTC's Spot Premium about the highest it has been since last Summer's massive range. But this time price is trading much higher. Eventually spot needs to keep bidding this higher but it's definitely looking healthier than the last time we traded at this price.
$TAO Clean repeat of last year's summer breakout so far. Key area to hold is that green zone around ~$360. If it does, those 3 equal highs at ~$495 would be a juicy level to take out over the next week(s).
$BTC Interesting area. Price is stuck within the Daily, Weekly, Monthly & Yearly open here. These generally act as a decent support & resistance. Wherever this decides to go from here also determines the next larger leg I think. Below Yearly Open I think a $90K-$91K test
$IOTA's Mainnet is now live. Meanwhile, the chart looks solid with a decent trend since the April lows. Looking for it to make another higher low around this area to attempt another break at the Daily 200MA/EMA which have held as resistance so far.
$BTC vs $GOLD already up +20% in the past ~3 weeks. Tapped the 25 ratio nicely while making a higher low. I do think the next time this gets to 37 it will break the resistance and continues on to break 40+. Assuming $GOLD holds somewhat steady above $3K+. This should mean we
$BTC Has opened up with a new CME gap this week. This one sits at ~$97K. Meanwhile, there is still a gap open down at the $91K-$92K level from a move that happened during a Wednesday 2 weeks ago. CME closes for 1 hour every trading day 1 hour after the close and a gap was
The last decent market wide altcoin rally we've seen was in the second half of 2023 when $BTC started pricing in its spot ETF in January 2024. Back then, we saw many coins rally as the $OTHERS.D trended up for about half a year. This is now over a year ago and since then we've
New Video! Discussing $BTC's grind higher as alts remain choppy. If you like my content, consider subscribing and leaving a like! It helps to push it in the algorithm.
You'd be surprised how quickly compounding takes effect while being exposed during a big up trend. Especially in Crypto. You might think your portfolio amount isn't significant enough to make whatever you want to make. But a few years of double digit percentage gains quickly
Stocks went into the weekend with a 9-day win streak which is the first time since 2004 that this happened. $BTC has done well relatively speaking and is now just over 10% away from its all time high. $SPX sits at the Daily 200MA/EMA which I suspect will take some time to
$BTC Slow weekend where we've mostly seen BTC bleed down a bit as positions have been closing out. If price trades like this that would mean we open up with a small gap above up to ~$97K tomorrow. These gaps have generally been getting closed within 1-3 days recently so it can
$BTC Returns the past month have been led by the Asia region/sessions. The US & EUR have been the more bearish sessions in terms of price action. ETF Flows have started turning around which made for the catch up by the US more recently.
Regardless of the overall bounce in the crypto market last month, you can see how divided the returns have been. There's a decent chunk of the market which has still been flat or down over the past 30 days. Then out of the green coins there's a huge discrepancy. Some coins are
Past month Crypto Performance by Sector is showing a similar scenario as we've seen for most of this cycle. This bounce was led by $BTC, Memes & AI coins. In this case this was also partially due to Memes/AI being a lot, therefore the short squeeze was a lot bigger than most