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Mr.Million | Long-term View on BTC, Trading Recap, KRW & SamsungI am Mr.Million🤵‍♂️⚡, and Welcome to my insights guys. I'm the most winning trader in trading competitions worldwide (5 wins) and hold the record for the highest ROI at 12,300% . I've made more than enough money, so now I'm here to share my analysis with you. ⚡My Long-term View on BTC Technically, we are near the end of Wave 1 (in white) of Intermediate Wave (3) (in blue), barring an ending diagonal that could extend Wave 1 slightly further. Personally, I have liquidated 75-80% of all my long-term positions (including altcoins) and am holding a significant portion of my assets in cash, anticipating a possible correction down to $60-70k. In the meantime, I may take short positions - very cautiously, though - when the wave count gives a clear signal. ⚡Why I Remain Bullish on BTC In my earlier post, I outlined four (4) reasons why I am still bullish on BTC, even at $100k. One main reason is the continuous buying at the institutional level and the FOMO among various governments to acquire BTC as a reserve asset. With these favorable tailwinds, the current chart behavior for BTC, which may appear weak, is likely a healthy, short-term correction. I believe a potential dip down to $60-70k could be a once-in-a-lifetime buying opportunity, and if it does happen, I’ll be backing up the truck (and the first in line to buy heavily)! $60 - 70k = Very Strong Buy 🚛🚛🚛 ⚡Trading Recap since Dec. 13, 2024 Total P&L since Dec. 13, 2024: + $263,091 For the proof of my P&L, feel free to check out my YouTube live stream from Jan. 3, 2024. (P&L verification begins at the 19:08 mark and my YouTube channel link is in my profile.) Below is a summary of the trades I took between Dec. 18, 2024 and Jan. 2, 2025. A short position (Dec. 18, 2024): Reason for trading: Bearish RSI divergence on both the 4-hour and 15-minute chart. Took half profits at ~103k and liquidated the entire position ~99k near the trend line (drawn in white) anticipating a potential ending diagonal play (which did not materialize, as the price continued to fall). A short position (Dec. 26, 2024): Reasons for trading: 1) ABC correction (in red) with C as an impulse (1-2-3-4-5 wave in white) 2) RSI divergence on the 30-min chart Took half profits at ~$95.7k and exited fully ~$93.6k (as I did not expect it to reach the low of Wave (B)). A long position (Dec 30, 2024): Reasons for trading: 1) Failed breakout below the red horizontal line (previous support level) 2) Bullish RSI divergence on the 30-minute timeframe. Initiated the long at ~$93k but exited almost instantly ~$92.5k - just below the low of the entry bar - with a small loss, as the price broke below the support line again (the red line) and continued to fall. Re-entered another long ~$93.2k as the price action showed signs of strength, along with a bullish divergence on the 4-hour chart (not shown here). Took partial profits at ~$94.4k and liquidated the entire position ~$95.2k, falling short of my profit target to attend to other business. ⚡The Korean Won and Samsung Interplay The South Korean Won is nearing 1,500 against the USD, approaching the levels last seen during the 2008 financial crisis! I do not believe Korea’s current economic and political conditions are as dire as they were in 2008, suggesting that the Korean Won (against the USD) may be due for a correction - barring any catastrophic black swan events. Over time, I expect it to revert to the mean and move toward the trendline (drawn in white) around 1,200. See also the chart above for the RSI divergence on the weekly timeframe. When/if signs of recovery in the Korean Won begin to show , I anticipate that foreign investors will step in to capitalize on a twofold opportunity - leveraging the recovering Korean Won and the rising Korean stock market valuations. What could be their strategy? Going long on liquid, large-cap Korean stocks - most notably, Samsung. So, keep an eye on the 1,500 level in the Korean Won for a potential reversal. If this happens, consider adopting a contrarian approach and going long Samsung at around 45,000 Korean Won as a long-term investment opportunity (see chart below). ⚡OKX Competition for December 2024 results Guys, as an official ambassador for OKX, I host trading competitions every month. The OKX competition for December 2024 has concluded. Out of 1,457 participants, 616 ended up green for the month - that’s 42.3% of you making money trading futures, such a remarkable feat by any statistical measure! 🎉 If you're interested, check out my YouTube channel for competition details and join in to make some serious money! 💸🎯 Trade smart, aim high, and remember: risk management is your greatest ally. Stay tuned and follow me for more game-changing insights. Yours truly, Mr.Million🤵‍♂️⚡
COINBASE:BTCUSD
by MrMillion_official
3
$BTC and Altcoins: Should You Buy or Wait?It's been 45 days since Bitcoin reached $100k and 20 days since its all-time high of $108k. The market is currently moving sideways and remains below the key resistance zone. Unless we witness a breakout and increased trading volume, it's tough to predict the next move. However, one thing is clear: most altcoins experienced significant drops of 40%-60% during the December 9th market crash. Since then, many altcoins have rebounded by 15%-30%, and a few have fully recovered. While it's uncertain if another major dip is coming, especially after such a steep 50% decline, I believe it's unlikely to happen and now could be an ideal time to start accumulating altcoins if you haven't yet. The risk of staying out of the market is higher than the risk of being invested in altcoins at this moment. Make sure you follow my socials, I'll be sharing a list of altcoins that will be doing well this season. Please hit that like button to support nd share your views in the comment section. Thank you #cryptocurrency #Altcoins
by Cryptorphic
1
Bitcoin - It Will Reach $100.000!Bitcoin ( BITSTAMP:BTCUSD ) will break out soon: Click chart above to see the detailed analysis👆🏻 Everything, and I literally mean everything, is bullish on Bitcoin. The previous cycles, timeframes, market structure and price action are all pointing towards the continuation of the bull run which started in 2023. And a breakout above the all time high, is the next trigger. Levels to watch: $70.000, $100.000 Keep your long term vision, Philip (BasicTrading)
BLong
by basictradingtv
17
MARA’s BTC Strategy and Bitcoin’s Path ForwardBitcoin miner MARA Holdings has made headlines with its innovative approach to leveraging its BTC reserves and exceeding its hash rate target. The company's December 2024 production update highlights strategic moves and technical achievements, providing a strong foundation for bullish sentiment on Bitcoin. MARA’s BTC Lending Program: Fundamentals at Play MARA revealed that 16.4% of its Bitcoin reserves, equivalent to 7,377 BTC worth approximately $730 million, has been deployed in short-term third-party loans to generate modest single-digit yields. This strategy underscores MARA’s dual approach of mining and buying Bitcoin to optimize its holdings. The company’s total reserves now stand at an impressive 44,893 BTC, valued at over $4.4 billion at current prices. According to Robert Samuels, MARA’s vice president of investor relations, the lending program focuses on secure, short-term arrangements with well-established third parties. This initiative reflects a prudent approach to maximizing shareholder value while maintaining liquidity. MARA’s production update also highlighted a milestone achievement: surpassing its energized hash rate target of 50 EH/s, reaching a peak of 53.2 EH/s. Despite a 2% decrease in BTC production due to a slight dip in mining “luck,” MARA’s overall strategy remains robust. CEO Fred Thiel emphasized the benefits of the company’s hybrid model, which combines mining and purchasing Bitcoin to enhance flexibility and long-term value. Technical Analysis As of writing, Bitcoin’s price has shown remarkable resilience, briefly reclaiming the $99,000 level before a slight retracement to $98,745. The technical indicators suggest a strong bullish trend: 1. RSI Strength: With the Relative Strength Index (RSI) at 62, Bitcoin exhibits momentum that could propel it to break key resistance levels. 2. Fibonacci Retracement: In the event of selling pressure or a correction, the $94,000 level—the 78.6% Fibonacci retracement—is poised to serve as a critical support zone. 3. Open Interest Surge: Open interest in Bitcoin futures has surged, driven by renewed institutional interest, particularly after Donald Trump’s presidential election victory. Firms like MicroStrategy (MSTR) are increasingly viewing Bitcoin as a hedge against inflation. A Bullish Case Bitcoin’s fundamentals are bolstered by several macroeconomic and geopolitical factors: 1. Institutional Adoption: Companies like MARA and MicroStrategy are doubling down on Bitcoin, reflecting growing confidence in its role as “digital gold.” 2. Hash Rate Milestones: Bitcoin’s monthly hash rate reached an all-time high in December, showcasing the network’s increasing security and resilience. 3. Political Developments: The anticipation of Donald Trump’s inauguration in January 2025 has spurred optimism in financial markets, with Bitcoin positioned as a safe haven against inflationary pressures. Conclusion With institutional adoption accelerating and macroeconomic conditions favoring digital assets, Bitcoin appears poised for a breakout. As MARA and other players continue to innovate, the cryptocurrency’s role as a cornerstone of the global financial system becomes increasingly evident. Investors and analysts should keep a close eye on the inauguration of Donald Trump and its potential market implications, as Bitcoin stands ready to capitalize on the evolving landscape.
COINBASE:BTCUSDLong
by DEXWireNews
1
BTCUSD what are the next candle prints? I am looking shortHey everyone this is your boy Hunbal! I am looking for a good sell trade ready for asian session BTCUSD is ready for a drop I have 2 confirmation one the rejection from the resistance level and second choc in m30 time frame so we are hoping a good sell from here (98,351) our take profit will be 100 pips 97,351 and our stop loss will be 70 pips 99,000. I wish we all together print some money. Good Luck :)
BITSTAMP:BTCUSDShort
by hunbaltradelab
$MANTA will rebound ?OMXHEX:MANTA is coin that having huge pros & cons, while since March we see that this coin dumped so deep from $3,8 to $0,6. Now hovering around $0,94 as i write this idea. MANTA will rebound to $1,5 at least, if market still Fear, still good. but to reclaim $3,8 level? still we have to monitor and MANTA have to gain public trust again. somehow, i still have to say, this crypto coin isnt that bad, good project, good prospect i think. let see MANTA at $1,5 first.
Long
by ade_eins
Bitcoin , next target Evening folks, sorry for being absent I’m ridiculously busy with my businesses and new year , btw wish you all the best and a year of getting massive mountain of money lol . Keeping my chart simple you I wont cause confusion. Bitcoin has like two weeks in the worse scenario to range or fall before going and tap 150k or somewhere around. In the good scenario it goes up from here , I’ve put two box to get the bitcoin in case of a fall but deep down I see it unlikely to happen as altcoins look sh! T , I see it as a surprise run and leave people behind most likely but anyway who knows . Keep those areas in mind and see them as a chance . Bullrun isn’t over and it’s just warming up. Stay safe lads
BITSTAMP:BTCUSD
by mastershark
TOTAL2 Index Set to Surge Towards $2.5 Trillion!CRYPTOCAP:TOTAL2 📈Which side you pick? Bulls or Bears This chart shows the gravity points for the TOTAL2 index. It also describes the potential targets and their different probabilities of realization. The nearest zones within this structure are highlighted in green. After TOTAL2 broke above 1.29 trillion dollars, and with Bitcoin Dominance (BTC.D) decreasing, a very likely scenario for TOTAL2 is reaching the 2.5 trillion-dollar level. ⚡️Target: 2.5T
CRYPTOCAP:TOTAL2Long
by CrazyS
Bitcoin (BTC): Rise up to $135,000 or drop to $80,000-$90,000The current market situation is uncertain. The market often moves contrary to public sentiment. Currently, most expect a correction. ETF inflow/outflow data indicates significant outflows from December 19, 2024, to January 2, 2025, which is evident in the BTC chart. On January 3, 2025, there was an inflow of $905M. In a bearish scenario, panic could dominate the market, making it difficult for BTC whales to sustain distribution above $100,000. However, if a bullish scenario unfolds, the $91,000–$108,000 zone could act as a strong support level after a price increase to $135,000 or the 161.8% Fibonacci level. This bullish scenario would become even more significant if the growth aligns with major international events at the end of January, February, or March. 👀 1. Bullish Scenario: The price breaks through the current resistance levels, targeting up to $136,000 or the 161.8% Fibonacci level. 2. Bearish Scenario: A correction to the $80,000–$90,000 range or the 38.2-61.8% Fibonacci levels, with a potential test of the $88,000 support level aligned with the 800 EMA. 👇 About Me: I maintain a personal trading journal. I don't possess extrasensory abilities or insider information. Disclaimer: Trading involves risk—always do your own research and seek professional advice. We are not responsible for any financial losses. #DYOR Share your thoughts in the comments below 👇
Long
by azctortheliclu
BTC: Quick Play Zone—Stay Sharp, Take Profits Fast!BTC: Quick Play Zone—Stay Sharp, Take Profits Fast! ⚡ I’ve spotted a blue box on BTC that I really like. However, let me be clear—this is a low-timeframe zone, so don’t expect a massive reaction. 📍 Key Strategy: First Opportunity, First Profit: The moment you see a move in your favor, lock in those gains. Protect Your Capital: Move your stop-loss to entry as soon as possible—safety first! Why This Zone? Even on lower timeframes, well-defined zones like this one can provide excellent short-term trades. It’s all about timing and discipline. How I Approach This Trade: When price reaches the blue box: Drop to lower timeframes. (5m/15m) Look for upward market structure breaks. Use CDV, VWAP, and volume footprint for confirmation before entry. 💡 Insider Tip: Want to learn how to identify these zones and trade like a pro? I teach the use of CDV, liquidity heatmaps, volume profiles, and volume footprints—check my profile or DM me for a crash course. 👉 If you’re ready to seize these short-term opportunities, boost, comment, and follow! Let’s make the most of every move! 🚀 Let me tell you, folks, this is amazing. Nobody does analysis like I do. Believe me. If this helps you, don't forget to boost and comment! It’s a big deal, motivates me to share even more winning insights with you. Tremendous insights. Let me tell you, this is something special. These insights, these setups—they’re not just good; they’re game-changers. I've spent years refining my approach, and the results speak for themselves. People are always asking, "How do you spot these opportunities?" It’s simple: experience, clarity, and a focus on high-probability moves. Want to know how I use heatmaps, cumulative volume delta, and volume footprint techniques to find demand zones with precision? I’m happy to share—just send me a message. No cost, no catch. I believe in helping people make smarter decisions. Here are some of my recent analyses. Each one highlights key opportunities: 🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry 🐶 DOGEUSDT.P: Next Move 🎨 RENDERUSDT.P: Opportunity of the Month 💎 ETHUSDT.P: Where to Retrace 🟢 BNBUSDT.P: Potential Surge 📊 BTC Dominance: Reaction Zone 🌊 WAVESUSDT.P: Demand Zone Potential 🟣 UNIUSDT.P: Long-Term Trade 🔵 XRPUSDT.P: Entry Zones 🔗 LINKUSDT.P: Follow The River 📈 BTCUSDT.P: Two Key Demand Zones 🟩 POLUSDT: Bullish Momentum 🌟 PENDLEUSDT.P: Where Opportunity Meets Precision 🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs 🌊 SOLUSDT.P: SOL's Dip - Your Opportunity 🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked 🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer 🤖 IQUSDT: Smart Plan ⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One 💼 STMXUSDT: 2 Buying Areas 🐢 TURBOUSDT: Buy Zones and Buyer Presence 🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results 🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB 📌 USUALUSDT: Buyers Are Active + %70 Profit in Total 🌟 FORTHUSDT: Sniper Entry +%26 Reaction 🐳 QKCUSDT: Sniper Entry +%57 Reaction 📊 BTC.D: Retest of Key Area Highly Likely This list? It’s just a small piece of what I’ve been working on. There’s so much more. Go check my profile, see the results for yourself. My goal is simple: provide value and help you win. If you’ve got questions, I’ve got answers. Let’s get to work!
Long
by UmutTrades
Altseason will official start this coming Monday. Are you ready?So here we are 2 and a half years later. Business as usual. What an amazing journey it's been. You know the drill, bloody day Starting Sunday in a few hours, Monday starts with a big explosion, then, sell in May and go away. Although watch out for Time Magazine's and Roaring Kitty's hints, January 9th til April 20th bullrun. The blow off top of a century before a great depression. Will Bitcoin stop at 60k? or will the model break and have Bitcoin reach 10 to 20k? Comments, feedback and input is highly welcome and appreciated. Enjoy the banana party.
BITSTAMP:BTCUSD
by axelrodd
Bitcoin's Balancing Act: Navigating Selling Pressure and BullishBitcoin, the world's leading cryptocurrency, currently finds itself at a critical juncture, navigating a complex interplay of selling pressure from long-term holders and several bullish indicators suggesting a potential resurgence. This article delves into the key factors influencing Bitcoin's price, including long-term holder behavior, exchange inflows and miner outflows, hashrate dynamics, and the influence of Bitcoin whales, to assess its potential to reclaim the coveted $100,000 mark. Critical Support and Long-Term Holder Selling Pressure Bitcoin is currently facing critical support levels, meaning that its price is approaching a point where a significant drop could trigger further selling and potentially lead to a more substantial correction. One of the primary factors contributing to this pressure is the selling activity of long-term Bitcoin holders. These holders, who have typically held their Bitcoin for extended periods, are beginning to distribute their holdings, adding to the selling pressure in the market. This behavior can be attributed to various factors, including profit-taking after previous price surges, concerns about macroeconomic conditions, or a shift in investment strategies. Monitoring the behavior of long-term holders is crucial for understanding the overall market sentiment and potential future price movements. Exchange Inflow and Miner Outflow Dynamics Analyzing Bitcoin exchange inflows and miner outflows provides valuable insights into market dynamics. A drop in exchange inflows suggests reduced selling pressure, as fewer Bitcoins are being deposited onto exchanges for trading.1 Conversely, a decrease in miner outflows indicates that miners are holding onto their Bitcoin rather than selling it immediately, further reducing selling pressure. The recent drop in both exchange inflows and miner outflows is a positive sign, suggesting that selling pressure is easing and potentially paving the way for a price recovery. The expectation is that this reduced selling pressure, combined with other bullish factors, could contribute to Bitcoin reclaiming the $100,000 level. Bitcoin Hashrate Reaching New All-Time Highs The Bitcoin hashrate, a measure of the computational power used to mine Bitcoin, has recently reached new all-time highs.2 This is a significant indicator of the network's strength and security. A higher hashrate makes the Bitcoin network more resistant to attacks and demonstrates the continued commitment of miners to the ecosystem. While a high hashrate doesn't directly translate to immediate price increases, it reflects the long-term health and stability of the Bitcoin network, which can indirectly contribute to positive market sentiment and attract new investors. This robust network infrastructure provides a strong foundation for future price appreciation and supports the possibility of Bitcoin reaching $100,000. The Influence of Bitcoin Whales Bitcoin whales, entities holding substantial amounts of Bitcoin, exert significant influence on market dynamics.3 Recent data suggests that Bitcoin whales control a significant portion of exchange volume, highlighting their ability to impact price movements. Analyzing their selling patterns is crucial for understanding potential market shifts. If whales begin accumulating Bitcoin, it could signal a bullish trend, while continued selling could exacerbate downward pressure. Understanding whale behavior is essential for navigating the complexities of the Bitcoin market and anticipating potential price swings. The observation that whales control 94.5% of exchange volume underscores their influence and the importance of monitoring their activity for future market predictions. Can Bitcoin Reclaim $100,000? The question on everyone's mind is whether Bitcoin can reclaim the $100,000 mark. While the selling pressure from long-term holders presents a challenge, several bullish factors offer hope for a price recovery. The drop in exchange inflows and miner outflows suggests reduced selling pressure, while the record-high hashrate demonstrates the strength and security of the Bitcoin network. The behavior of Bitcoin whales will also play a crucial role in determining future price movements. Reaching $100,000 will require a combination of factors, including a decrease in selling pressure, renewed buying interest from both retail and institutional investors, and positive developments in the broader cryptocurrency market. If these conditions are met, Bitcoin has the potential to overcome current challenges and reach new heights. Conclusion Bitcoin is currently navigating a delicate balance between selling pressure and bullish indicators. While long-term holder selling and critical support levels present challenges, the drop in exchange inflows and miner outflows, coupled with the record-high hashrate, offer positive signals. The influence of Bitcoin whales adds another layer of complexity to the market dynamics. Whether Bitcoin can reclaim $100,000 remains to be seen, but the interplay of these factors will ultimately determine its future price trajectory. Careful monitoring of these key indicators is essential for understanding the evolving landscape of the Bitcoin market and making informed investment decisions.
BITSTAMP:BTCUSD
by bryandowningqln
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Jan 3, 2025Technical Analysis and Outlook: As specified in the Bitcoin Daily Chart Analysis for December 27, an extraordinary rebound bull movement occurred from the Mean Support of 91800. Current analysis suggests a high likelihood that the cryptocurrency will continue to advance, potentially testing the Mean Resistance level of 99500 and aiming for a retest of the completed Inner Coin Rally marked at 108000. Nevertheless, it is crucial to recognize the possibility of a pullback to retest the Mean Support level of 91800 again before any resurgence in the bull market.
BITSTAMP:BTCUSD
by TradeSelecter
Bitcoin: time to short!Over the past several days, we’ve seen a rise of more than 6%, which has coincided with a rally in the stock market. Bitcoin is now trading above all moving averages and near the upper Bollinger Bands line — not the most promising signal for further upside. Additionally, we observe that volumes are calming down after the recent spike. As we move into the start of the year, there may still be significant challenges ahead that have yet to materialize. Moreover, there is a resistance zone, along with a key Fibonacci level, in the 98-100k range, making it difficult to break above this level. This suggests that a short-term short position might be a good option. However, it remains fundamentally risky, as the prevailing sentiment still favors buying and holding. Your sincerely, Mister iM
SP:SPXShort
by themr-im
How to outperform Microstrategy in 2025🚀 Michael Saylor vs. Smarter Bitcoin Buying Michael Saylor has driven waves of excitement with his massive Bitcoin purchases. While it’s fascinating that a software company like NASDAQ:MSTR is using Bitcoin to boost its stock price, that’s not our focus today. saylortracker.com Our goal: Outperform Saylor and make better Bitcoin purchases. 📊 Current Market Outlook 📉 60-Day Cycle Low: Bitcoin appears to be at a 60-day cycle low—a fantastic buying opportunity! However, don’t hold past the 3-day cycle high. 🔮 What the Cycles Are Telling Us - 2-Week Cycle: Recently reversed to the downside, signaling potential for further declines. - 1-Week Cycle: Still declining and likely needs another month to reset. - 60-Day Cycle: Historically bearish before completing a 24-week cycle. 💡 Key Takeaways 1️⃣ Bitcoin may need a breather before its next big move. 2️⃣ The bull market is intact, with a price range of $130–150K still achievable. 3️⃣ This is unlikely to happen in the first two months of 2025. ⏳ Patience Pays Off I know you’re eager for gains, and soon enough, your altcoins will have their moment to shine**. 🌟 You’ll be sending screenshots of your portfolio to your friends again, trust me. 😉 📅 Most Probable Scenario Bitcoin tends to move in 24-week cycles. On the weekly timeframe, we may see further bearish action before a reset, providing even better buying opportunities. Patience is key—trade smarter, not harder! This is not financial advice. Always do your own research! 📖
BITSTAMP:BTCUSDLong
by TheStrategyMaster
1
Possibly the best system I have ever come up with for BitcoinThis is for my wealth accumulation and it is not in any way financial advice. If you follow this and lose your shirt that's on you! There is a cycle embedded into the Bitcoin space. We all know it and we all witness it. The halving cycle is real and it is a feature not a bug. For my sanity, I am sick of seeing people I know buying the FOMO tops and then selling on the way down to the bottom or holding through massive periods of drawdown. So I am not going to do that. The system is simple. Setup, wait for the next most likely top in the market before the next most likely drawdown period. QT4 2013 QT4 2017 QT4 2021 QT4 2025 <-- Next possible top in the market From October 2025 monitor the daily price action looking for a close below the 50-period SMA When triggered Sell Everything. QT1 2015 QT1 2019 QT1 2023 QT1 2027 <-- Next possible bottom in the market From January 2027 monitor the daily price action looking for a close above the 50-period SMA When triggered Buy Everything back.
COINBASE:BTCUSD
by Macrobriefing
Crypto Alpha Report (January 3)Good Friday to you, friends! As we head into the first weekend of the New Year, I want to focus on our bottom line and goals for 2025 - growing our wealth. If you’re reading this, I’m going to assume that you’re not lounging on a beach in the Bahamas with millions in the bank, feeling set for the rest of your life with your most significant problem: how to structure your inheritance. I’m going to assume that, in one way or another, you’re focused on the grind and ‘making it.’ To that end, when we turn our eyes to our portfolios this year, we must constantly remind ourselves of the age-old adage: ‘Nobody ever went broke taking profits.’ From 2021 to 2024, I round-tripped Ampleforth (AMP), Avalanche (AVAX), Polkadot (DOT), Blockstack (STX), Ethereum (ETH), and Bitcoin (BTC). As you know, I’m perfectly fine round-tripping Bitcoin and have held onto my sats since I began buying in 2016. The others, however, I look back and wish I had that capital freed up for my trading strategy or traditional markets over that period. On December 5th, I sold 50% of all of my altcoin holdings, as they had appreciated significantly then. Despite 2025 being poised to be a tremendous year of growth for my portfolio, I saw an opportunity to cash out and took it. As we embark on what might be an epic 2025, it’s important to remember that you’re not married to any of your investments. You don’t know the project's developers, you’re not an early-stage investor, and the only thing you stand to gain from the project's success is a greater ROI. DON’T GET EMOTIONALLY ATTACHED! Remember why you entered the game in the first place - to grow your wealth rapidly. Not to become a mouthpiece for a token project or adopt a new religion. Put your faith in God and not in your project’s timeline, and focus on your prosperity. It can be challenging psychologically and emotionally to press the red button in a booming market when prices are very high. The greed kicks in after a big green candle, and a swirl of emotions and thoughts starts racing through your head. Especially when you look at the USD number in your portfolio and imagine what it would look like after a few more big greenies. It can be extremely challenging, if not impossible, to objectively determine to take profit when it is most advantageous. Your mind becomes your enemy, not your friend. This is why setting realistic goals and practical profit targets is paramount BEFORE you enter a position, not after. No target, no trade. No signal, no trade. Do the work necessary to have a strategy, not a hope and a prayer that your random buy will go up. You can’t control the market, but you can control your actions. Here’s to a bright New Year! Crypto Market Update Stablecoin Dominance This metric has moved down 0.5% so far since the daily opening. It's not a lower low yet, so we remain within the consolidation range of the attempted breakout (panic selling). So far, I am optimistic about market continuation. Bitcoin + Stablecoin Dominance It's playing out perfectly. Breaking down from its slight consolidation after another Lower High, currently making a new Lower Low. This is perfect for altcoin continuation. Altcoin Price Performance Relative to Bitcoin It is another strong day for altcoins, continuing to outperform Bitcoin’s price performance. Mirroring BTC+STables Dom., this breakout will be confirmed on a strong close and continuation into the weekend. Bitcoin Bitcoin put in a strong Daily Close yesterday, signaling potential strength to this bounce back. Caution is warranted, as we are still in the first ‘Bull Trap’ zone, but Daily Momentum and Meso Momentum continue pushing to the upside. Trends 5M: Bullish 30M: Bullish 1H: Bullish 4H: Neutral D: Bullish W: Bullish Bitcoin has regained bullish momentum on every timeframe save for the 4H. So far, this is still just a Lower High, and price action is very similar to December 24 - 25th, where Bitcoin gave us the ‘Santa Rally’ and then swept back down to our current lows. However, Bitcoin has put in three distinct bottoms at $92,000, and the fundamentals align with a bullish early January into Trump’s inauguration. Key Levels POC: $95,563 VWAP: $96,641 Value Area Low: $94,489 - $95,424 Value Area High: $97,412 - $98,391 Next Liquidity Zone Above: $97,982 - $99,078 Next Liquidity Zone Below: $93,465 - $94,737 Bitcoin showed rejection yesterday at $97,500 - $97,600 as it entered a Low Volume Node. Currently, price has pulled back to yesterday’s VWAP high and is pushing back into that LVN with rising volume and bullish momentum. Price is expected to move to our next Liquidity Zone Above at $98,537. Strategy: Continue to hold longs accumulated at or below ~$95,000. If price retraces, look for long entries between $94,800 - $95,400 with targets of $97,100 - $98,500. Join the Crypto Trading Academy for my full report, which includes altcoin analysis, early token opportunities, trading strategies, and custom indicators. You’ll also have access to our private community of traders and investors, enjoy weekly mentoring sessions, and have full access to our Academy Training, where we teach you to build your trading strategies with our proven methodology.
BYBIT:BTCUSD.PLong
by CrackingCryptocurrency
Bitcoin - almost ready to go up but not yetWhen I analyse Bitcoin, I really focus on MACD.  I don't trade Bitcoin.  I use technical analysis to find a good entry point to buy Bitcoin.  I use the following conditions to find a good entry point to buy Bitcoin: 1)   MACD lines are properly crossed and the angles of MACD lines are pointing up  in a daily chart.    Almost crossed is not good enough.  The lines need to properly crossed ideally above 0 line. 2) Only if the first condition is met, I look at RSI and Stochastic (9,3,3) in the same chart.  Two lines in RSI need to be properly crossed and the lines are about to or crossed above 50 level, and Stochastic (9,3,3) is not in overbought territory.  3) Go to the weekly chart and look at Stochastic (9,3,3).  If weekly stochastic lines are crossed and moving upward from below 50 level.   BTC retested both previous monthly and weekly low and the price seems to be moving up.  However, it still needs to cross above the previous higher high at around 100k zone which is also the previous weekly and monthly mid price area.  The current set up is very similar to the set ups on the 21st April 24 and 01 July 24 where I drew blue vertical lines in the chart.  At these times, BTC looked like it was finally about to go up but ended up having another dip.    If you look at MACD in those two points (marked in blue square),  you can see  daily MACD lines looked like they were about to cross but didn't and the stochastic in the weekly chart was still pointing downwards.    There is a chance the scenario is playing out right now.  I think  Bitcoin will eventually start to move up, but before that next leg up, it might have another dip (minor bear trap). 
CRYPTO:BTCUSD
by EbonyFalcon
Crypto Alpha Report - January 02, 2025Happy Thursday, friends. Today, I want to reflect on opportunity costs and the risks of being spread too thin. Regarding investing, almost all traditional education preaches the value of a ‘diversified portfolio.’ While that is a fantastic concept, if you’ve already made it with millions in the bank, the actual reality is that most of us are still grinding to get there. For those of us who haven’t ‘made it,’ diversification can protect wealth, but it will not rapidly grow it. This is also true in trading, but the implications of a ‘diversified approach’ in trading is even more dangerous, particularly in crypto. The reality is many of us overestimate our capabilities and underestimate the time it will take to do something. Preparing a strategy takes time. Scanning the markets and researching new projects takes time. And for every different sector in crypto, for every new hype cycle, there is a new meta, a new alpha, new skills to learn, new strategies to develop, and new tools to learn how to use. A year ago, I had never even heard of GMGN, and didn’t track social metrics as a key part of my memecoin strategy - now it’s something I do every day. You must guard your time and focus because a million things are vying for your attention daily. The risk of trying to learn too many things is that you become spread too thin, mediocre at many things, but not truly great at one thing that can exponentially increase your wealth. The same is true for your investments; spread yourself too thin, and you’ll get the average return of the market instead of the punctuated gains you seek. You’ll also drive yourself crazy trying to keep up with all those positions daily. I find 5-10 active positions are what I can effectively manage. More than that, I start to lose focus, and I see a feeling of anxiety creeping in. I feel most powerful and effective when they’re on the lower end of that range. In summary, you only have so much time in the day. Don’t underestimate how difficult and time-consuming it can be to get competent in a new skill. Don’t underestimate how much mental effort it takes to manage multiple positions. Keep things simple, limit your number of positions, wait for the right opportunities to come to you, and bet big on them with sound risk management. Market Update Stablecoin Dominance This metric fell by -2.28% today. Not a lower low, but three significant days of moving down, which favors our risk-on assets. Bitcoin + Stablecoin Dominance We are putting in a Lower Low today, but we are showing some upside pressure as we move into the Daily Close. Tentatively bullish for a continuation of altcoins. Altcoin Performance Relative to Bitcoin Went for a breakout today, but so far, it has failed. Selling pressure on alts is coming this evening as we head into Daily Close. It's still tentatively bullish for altcoin continuation. Bitcoin Trends 5M: Neutral 30M: Bullish 1H: Bullish 4H: Bearish D: Bullish Bitcoin has put in a nice movement off its lows of $92,000, rallying to almost $98,000. While a good start, Bitcoin faces stiff resistance and volatility, which has increased dramatically in the short term. This is the first Bull Trap area, and Bitcoin needs to hold above $94-$95K on any pullback, or we risk a movement below $90,000. Key Levels POC: $93,640 VWAP: $96,422 Value Area High: $97,412 - $98,995 Value Area Low: $95,433 - $94,482 Strategy Bitcoin faces its first wave of significant distribution as we approach $98,000. This is the first strong uptrend we’ve seen in Bitcoin for a while, and it has not reversed yet, but it is hinting at it. Strong buys have stepped in between $96,200 to $96,800. If Bitcoin loses short-term momentum overnight, then it is critical that we put in a Higher Low above $93,000. Trading lower than $93,000 marks this as a bull trap and essentially confirms that we will experience a Lower Low in Bitcoin’s price rather than a bullish two weeks. For now, continue to hold longs opened up below $95,000. For new long positions, I would strictly manage risk at $96,000.
BYBIT:BTCUSD.P
by CrackingCryptocurrency