GT has broken out of a 2018-2023 super descending channel (connecting the all-time high of
98.50∗∗andthesecondarypeakof∗∗
98.50∗∗andthesecondarypeakof∗∗58.30), marking the end of a six-year bear market structure. Key signals:
Historic monthly MACD divergence:
While prices hit a cycle low of $18.20, the MACD histogram reached a three-year high, signaling explosive reversal potential after extreme suppression.
Accelerating on-chain deflation:
Circulating supply has declined 49% from its 2021 peak, with monthly burn rates growing 220% quarter-over-quarter, driving scarcity to historic extremes.
Strategic institutional accumulation:
Addresses holding >100k
GT surged 83%, while CEX reserves dropped to 12% of circulating supply, foreshadowing a long-term supply crisis.
Multi-decade target matrix:
Base target: $89.70 (monthly AB=CD pattern + 1.618 Fibonacci extension).
Hyper-bull target: $144 (extension of the 2017 & 2021 double-top trendline).
Cross-cycle strategy:
Deploy capital via a pyramid accumulation strategy between current price and $50 (increase positions by 20% for every 10% dip).
Hardcore stop-loss: $28.80 (monthly candle closing below EMA144).
Holding horizon: 3-5 years to capture full supercycle gains.
98.50∗∗andthesecondarypeakof∗∗
98.50∗∗andthesecondarypeakof∗∗58.30), marking the end of a six-year bear market structure. Key signals:
Historic monthly MACD divergence:
While prices hit a cycle low of $18.20, the MACD histogram reached a three-year high, signaling explosive reversal potential after extreme suppression.
Accelerating on-chain deflation:
Circulating supply has declined 49% from its 2021 peak, with monthly burn rates growing 220% quarter-over-quarter, driving scarcity to historic extremes.
Strategic institutional accumulation:
Addresses holding >100k
GT surged 83%, while CEX reserves dropped to 12% of circulating supply, foreshadowing a long-term supply crisis.Multi-decade target matrix:
Base target: $89.70 (monthly AB=CD pattern + 1.618 Fibonacci extension).
Hyper-bull target: $144 (extension of the 2017 & 2021 double-top trendline).
Cross-cycle strategy:
Deploy capital via a pyramid accumulation strategy between current price and $50 (increase positions by 20% for every 10% dip).
Hardcore stop-loss: $28.80 (monthly candle closing below EMA144).
Holding horizon: 3-5 years to capture full supercycle gains.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.