Bullrun
Beware of FOMO: Bitcoin's Rollercoaster Ride & Bullish ProspectsToday, Bitcoin experienced a sudden pump, driven by fake news published by Cointelegraph, only to return to its normal price range, surpassing the 30k barrier in the process. 🚀 This led to a frenzy of FOMO-driven buying and, unfortunately, resulted in approximately $100 million in liquidation losses within just an hour. 😬
This serves as a valuable lesson for everyone—never succumb to FOMO and always remember to 'trust but verify.' 🕵️♂️
Despite the price returning to its usual range, the overall market sentiment remains decidedly bullish. 🐂 The eagerly anticipated ETF confirmation is poised to further fuel Bitcoin's upward trajectory, marking the missing piece for the 2023-24 bull run. 📈
I anticipate this month will conclude with a significant positive price increase, possibly even surpassing the 30k mark. 📅
Regardless of the ETF's approval status, a crypto bull run is on the horizon. If the ETF faces rejection, we may witness a minor price correction, but it won't derail the bull run. 📉
Stay tuned for more updates. Feel free to like, comment, and follow us! 📣
Cheers, 🥂
GreenCrypto
BTC: BIG PICTURE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this important BTC update.
BTC is ranging between FWB:25K -$30k for more than 200 days and currently, it is trading around $26.7k level.
Now, one of the biggest questions in everyone's mind is where we are heading after these 2 years
of the bear market. I'll try to explain in this post.
BTC made a low of $15.5k last year in Nov. month and Imo we won't see that level again. As you know halving is after 6 months and before that, we might see a drop up to FWB:23K -$24k (as you see in the chart).
Perma Bears wants a new low or big crash before the halving and Perma Bulls wants a continuous pump from here but IMO market maker disappoint both of them.
I'm betting on a move towards $ 23.5k-$ 24.5k zone and then a move upwards (for a new uptrend).
Mind it that a wick can even go below $23.5k however weekly candle close will likely happen within this zone itself.
What do you think about this? Share your thoughts in the comment section.
Hope this chart helps you to take better trade decisions.
Thank You!
Bullrun📈 : Gaussian Channels + HalvingGaussian Channels: Defining Price Ranges
Gaussian Channels, a technical analysis tool, provide traders with a visual representation of price movement within specific boundaries.
These channels help us understand Bitcoin's typical price oscillations and set the stage for potential breakout points.
The Halving Effect: Supply Reduction and Bullish Sentiment
Bitcoin halving events occur approximately every four years, reducing the rewards for miners by half.
Halving results in a decrease in the rate at which new Bitcoin is created, promoting scarcity and potentially driving up its value.
Historically, each halving has been followed by a bullish market, indicating the correlation between these events and price surges.
Breaking Bearish Structures: Shifting Market Sentiment
Observing the recent break of bearish patterns is a positive sign.
When a market transitions from bearish to neutral or bullish, it opens up new opportunities for traders and investors.
Combined Signals: Predicting the Next Bull Run
The combined signals from Gaussian Channels, Bitcoin's halving history, and a shift in bearish structures suggest that the next bull run might be approaching.
Traders and investors can use these indicators to make informed decisions, prepare for potential volatility, and position themselves strategically in the market.
Risk Management: A Crucial Aspect
As always, risk management remains a vital component of trading and investing.
The crypto market is known for its unpredictability, so it's essential to have a well-thought-out strategy and use appropriate risk mitigation techniques.
Conclusion: Navigating Bitcoin's Journey
The confluence of Gaussian Channels, Bitcoin's halving cycle, and the shift in bearish patterns paints an intriguing picture of what might lie ahead for the cryptocurrency. While no prediction is foolproof in the world of crypto, these indicators provide a roadmap for traders and investors.
As we look forward to the potential onset of a new bull run, remember that staying informed, adapting your strategy, and managing risk are the keys to success in the ever-evolving crypto landscape. 🚀📊🌐
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Fetch.ai (FET) Price Dips in September – October's Direction UncThe price of Fetch.ai (FET) saw a decline following its failure to breach the $0.27 resistance zone on September 3rd, initiating a bearish trend.
The situation remains precarious, as failure to secure a close above the $0.23-$0.24 Fib resistance range could signal the continuation of the bearish trend, potentially leading to a significant drop.
Approaching the Ascending Support Trendline
Since its rejection from the $0.27 resistance area on September 3rd, Fetch.ai (FET) has experienced a downward trajectory. However, it’s not all bad news.
FET's price has been following an ascending support trendline since June 2022. Recent validations of this trendline occurred on August 17th and 22nd. These instances were marked by long lower wicks, which indicates buying pressure.
The pace of increase accelerated after the last validation, propelling the FET price to $0.27 on September 3rd. However, it failed to breach this resistance level, which has persisted since May, resulting in the ongoing downward movement.
In order for FET to commence a new bull run, it will need to surpass the 100 Exponential Moving Average. The 100 EMA acts as a mobile support and resistance. Currently, the 100 EMA is above the price, therefore the indicator works as a resistance.
Williams %R is another indicator that we should look at. The Williams %R is a momentum oscillator that gauges the market. If the indicator is below -80, it means FET is oversold and expected to bounce back. If it is above -20, it is overbought and expected to fall back again. Currently Williams %R is approaching oversold levels, which coincides well with the ascending support trendline.
Looking Ahead: FET is approaching an ascending support line, and the Williams %R is approaching oversold levels, which make a rebound on the table. However, for a rebound to take place, the price needs to break above the 100 EMA first.
CHAINLINK READY FOR TAKEOFF!CHAINLINK READY FOR TAKEOFF!
Link is the leading oracle and has no real competition, this project will make it to near all time highs in the next 6-12 months and will retest perfectly unless there are any blackswan events in our economy.
Global corporations and enterprises are ready to adopt a blockchain standard and will do whatever it takes to get clarity before this next bull run.
Im expecting chainlink to make definite partnerships with top organizations on the globe and have the potential to have its own ETF or be apart of an ETF.
Chainlink is in a group by its self and theres only a couple projects out there that actually provide real world use-case and LINK is one of the best.
This asset is tightly following ETHERs 2017 bear cycle which lasted 790 days from the previous top. This resulted in ETHER having a massive blow off top and with things rhyming so closely, I believe that chainlink is poised to be upward of $200-$500 if we get lucky.
If this doesn't happen in this bull cycle i still expect to see these price levels by 2030-2031
because crypto cannot survive right now without Link and that gives it enough use-case as BTC does or more in this current day in age where Utility is needed and foundation has to be established to meet industry standards.
ETH Forecasting (2023-2035)Ether is going to have a triple halving and many people forget just how bullish this is for the ecosystem as a whole. The SEC has given ETH many free passes and if theyre able to escape regulation, then it will result in massive price appreciation.
ETH topped out at nearly $5000 per share and with more adoption from retail, ETH should see new levels of over 5 figures per share.
This would be huge for the globe because it shows the world how supply, utility, and decentralization works. I am worried about ETH and their management of gas frees.
Vitalik stated in a video that the #1 Blockchain should be this expensive, I agree but where I disagree is that they're scaling so quickly while theres other chains really raising the odds at competing with ETH such as HBAR.
ETH could have discussions and slander for centralization, but for this bullrun ETHER will continue to be a top 2 asset and a top mover.
XRP Monthly Breakout to happen by 2025XRP Monthly Breakout to happen by 2025
Here are some targets I expect to see with my XRP bags in the next 2-3 years tops.
Ripple Stock Market IPO, BTC Halving, Providing Economic Solutions to Liquidity Crisis, and Regulatory Compliance will all be reasons XRP has thee most anticipated runs of all history.
Brad G has kept his confidence in the community and team, with rumors of an Escrow Burn (I dont think will happen) It could bring the price to even higher levels than shown in my NFA prediction.
The community is in fear due to the SEC continuing to keep their noses too close to our industry, but what people don't seek to understand is why they're still here.
XRP has passed BTC before in Market-cap and regulators became worried back then.
The community has continued to grow and support the team which makes me think the SEC speculation is merely FUD. They are worried about potential overtakings of the Swift system and they don't want to make any stands because then they would lose the grey area they're currently trying to exploit. The lawsuit had something to do with Ripple, XRP is totally different.
XRP is a utility token trying to solve thee biggest problems such as our financial system. The SEC and democratic party are okay with printing money to stifle innovation in America.
When this begins to happen again, flood of money should flow out of the government who is acting off of mainly borrowed money because they're broke and people will begin to lose trust and faith.
FDIC concerns could also cause banks to require XRP in order to help with liquidity!
Always do your research and never click random links !!!
Keep your wallets safe this bull run and be smart!!
A hope for BullRun, Bitcoin September Month's PerformanceLet's take a look at how Bitcoin's performance in September month. September is considered worst month for bitcoin.
2011: -39.75% 🔴
2012: +20.28% 🟢
2013: -1.37% 🔴
2014: -18.36% 🔴
2015: +2.76% 🟢
2016: +6.57% 🟢
2017: -8.62% 🔴
2018: -5.98% 🔴
2019: -13.51% 🔴
2020: -7.52% 🔴
2021: -7.04% 🔴
2022: -3.16% 🔴
2023: +4.11% 🟢 ⌛
Whenever September month closed in green, we had bullish momentum October month, hopefully this September will close in green candle and fuel the bull run for October.
Follow us for more updates.
Cheers
GreenCrypto
📈 Crash History RepeatsIn the dynamic world of cryptocurrencies, history often offers valuable lessons. Recent market events have some intriguing parallels with previous years, shedding light on Bitcoin's remarkable resilience. 🪙📜
2019: The COVID-19 Era
In 2019, the crypto market faced its own challenges amidst the COVID-19 outbreak.
Bitcoin initially experienced a price drop due to the uncertainty surrounding the pandemic.
The 2020 Resurgence: Learning from the Past
What followed the 2019 dip was a stunning resurgence.
Bitcoin not only recovered but soared to new heights, demonstrating its ability to weather storms.
2022: The FTX Incident
Fast forward to 2022, when the market faced turbulence due to the FTX incident.
Once again, uncertainty gripped the crypto space as prices took a hit.
2023: A Familiar Pattern Emerges
In a fascinating twist, 2023 seems to echo the past.
Similar to 2019 and 2022, Bitcoin is displaying resilience in the face of adversity.
Bitcoin's Tenacity: A Lesson in Adaptation
Bitcoin's history is a testament to its ability to adapt and overcome challenges.
The crypto giant has repeatedly bounced back from setbacks, surprising skeptics.
The Future: Navigating the Crypto Landscape
As we navigate the ever-changing crypto landscape, history reminds us that market downturns can be followed by remarkable recoveries.
Staying informed, maintaining a diversified portfolio, and practicing risk management are crucial.
Conclusion: History as a Guide
History has a way of offering guidance in uncertain times. While we can't predict the future with certainty, we can draw inspiration from Bitcoin's resilience.
As we witness Bitcoin's tenacity once again, remember that the crypto market is ever-evolving. By learning from the past and staying adaptable, we can navigate the challenges and opportunities that lie ahead. 🌐🚀
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The #BTC Cyclical Turn Around Is Here!Bitcoin has dropped around 80% each bear market since conception, As we can see looking at the historical data I showed above. Each Bull cycle rhymes if you measure the days the bull/bear cycle ran for. Overall, I think we are on the edge of something special!
***nothing here is financial advice, always do your own research.
You NEVER read Bitcoin Cycles in This WayAll Things Follow Patterns: Deciphering Bitcoin Through Nature's Lens
Before delving deep, one must grasp a foundational truth: markets, with crypto being no exception, exhibit recurring patterns 🔄, much like nature's intricate tapestry. Witness these rhythms in seasonal shifts 🍁, the sun's majestic journey from dawn 🌅 to dusk 🌄, and even the emotional ebb and flow we undergo daily 😊😔.
While countless individuals navigate the market's turbulent waters, a single trait echoes through every investor: raw emotion 😨😃. Fear and greed are the primary market drivers 📈📉. Stark numbers present a sobering reality: 95% of cryptocurrency enthusiasts witness their assets evaporate, leaving a meager 5% standing tall 🏆. However, mastering the art of reading market sentiments and recognizing the tides of collective joy and despair can be your ticket to the elite circle 🥇
Unraveling the Cyclical Model 🔄
Now that you're familiar with the cyclical model 📊, it's of paramount importance to dive deep into its intricate details and fathom how this insight can be wielded in the crypto realm 🪙. Let's explore the cycle's various stages.
Below is a depiction of the cyclical model. You might be tempted to dismiss it as just another chart from a mundane tome on markets, trading, and investments 📚. But, hold that thought!
Pause and imprint this graph onto your mind 🧠. The reason? You'll be in for a surprise when you discover the striking resemblance this illustration holds with concrete scenarios we'll unveil later 🕵️♂️.
Accumulation Phase 📦
Smart Money 💼: In this period, the asset’s value seems stagnant and "unexciting" 🟦. Regular investors and traders, the retail crowd 🙍♂️🙍, tend to step back, paving the way for the "smart money" 💡💰 (major banks, hedge funds, big players) to seize assets at a bargain.
First Growth Phase 📈
Institutional Investors 🏢: Here, the asset starts its ascent 🌱, yet subtly, not enough to make headlines 📰. The "smart money" persists in purchasing, preparing the terrain for what's next.
Euphoria Phase 🎉
Public 🌍: Arguably the most electrifying cycle segment 🚀. As prices soar, retail participants flock 🐦. The media spotlight intensifies 🎥, newcomers enter buying en masse, further fueling the surge. And the "smart money"? They strategically exit, handing over to the novices.
Capitulation Phase 📉
Capitulation 🏳️: Then, the downturn sets in. As prices dip, after "smart money" has exited, euphoria turns to dread 😱. Late buyers, who hopped in during the highs, are now in a frenzy, offloading assets. Thus, enters the "capitulation phase."
The pattern? A perennial one, consistent across every market landscape 🔄. Grasping this cyclical nature aids in making informed moves – to buy, to sell, or just to hold and watch ⏳.
Bringing Theory to Life: Tangible Scenarios 📚➡️🌍
Shifting our focus to concrete instances, consider the subsequent graph, which chronicles Bitcoin's entire financial trajectory 📈. This illustration lets us trace its periodic patterns. Conventionally, such a phase stretches over four years: a bullish 📈 period enduring 2.5 years and its bearish 📉 counterpart occupying the next 1.5 years.
Keep in mind, these periods are merely indicative and can oscillate due to a myriad of elements 🌪️. Still, this template sheds light on prospective oscillations in Bitcoin's valuation.
Next, we're diving deep into each Bitcoin cycle 🔄. But first, rewind to the original cyclical model graph. Now, stack up real-world instances against the cyclical model chart 📊. Spot how the real-world examples mirror the cyclical graph?
The First Bitcoin Cycle 🌱
BTC was crafted on PCs purely for enthusiasts' thrills, sans regulators 👨💻. Between July '09 and June '11, BTC experienced its premier bullish wave 📈, soaring to $18.5 from mere $0.05, a staggering +64,000% leap!
The Second Bitcoin Cycle 📈
BTC touched its first peak 🏔️, ushering its maiden bearish phase 📉. After a steep 93% decline, the bullish vibe quickly resurfaced, and from Nov '11 to Nov '13, BTC rocketed 🚀 from $2 to $1,240 - a whopping +60,000%!
The Third Bitcoin Cycle 🐻
Another bear market came with a deep 86% cut - BTC plummeted from $1,240 to $167. From Jan '15 to Dec '17, bullish vibes raised the stake to $19,800 📈, a rise of 11,800%.
The Fourth Bitcoin Cycle ⏳
BTC faced another 84% trimming 📉. From Dec '18 to Nov '21, the bullish phase propelled BTC to a majestic $69,000 from a modest $3,123, charting a 2,108% ascent.
The Fifth Bitcoin Cycle 🚀
We stand here, as BTC price dances between $18k- FWB:25K 🩰, setting the stage for the Bitcoin cycle's nascent stages. A bullish tide is on the horizon 🌅, a moment crypto aficionados keenly anticipate.
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📊🔥 Inflation Unleashed: Oil and Potential Bitcoin Bull Run💰🚀In this video, I discuss the latest inflation reports 📊 and analyze their impact on the global economy 🌍.
I highlight the factors affecting inflation, starting with the rising price of oil ⛽ and its pressure on inflation 📈. Additionally, I provide insights into the price of Bitcoin 💰 and its bullish outlook 🚀 in light of rising inflation.
I also touch upon the performance of stock indices 📊 and the importance of focusing on Bitcoin 💎 in the current market.
Overall, this video aims to provide valuable analysis and predictions 🤔 regarding today's CPI report 📑 and Bitcoin.
Professor is LONG! 📈
One Love ❤️
Oil: Long since $71 🛢️: Oil Long - In the Blinken of an eye, Let's not BRICS it!
Bitcoin: Stay awake, this September could be a different one 🗓️: Can BTC wake up before September ends?
BTC 12-16 months monthly projectionThis graph represents the next bull run we're all waiting for. The price could lose 20-30% of its current value during this period of time. The bullish trend should take strength from the next halving expected to happen in April 2024, in which we will see a rally to new maximums. I expect the next ATH to be around 100-150k.
SMI MFI Indicator: A Game Changer 💰📊 SMI MFI Unwrapped: The SMI MFI (Smoothed Money Flow Index) is a technical indicator that blends the Money Flow Index (MFI) and the Stochastic Momentum Index (SMI). It provides a unique perspective on market sentiment and momentum.
🔄 Understanding Global Reversals: The SMI MFI indicator is particularly valuable for identifying major market turning points. It can signal when Bitcoin is transitioning from a bearish trend to a bullish one, or vice versa.
🌟 Key Features: What sets SMI MFI apart is its ability to smooth out noisy price data, making it more resilient to false signals. It offers a clearer picture of money flow and momentum.
🔍 How to Utilize It: Traders and investors can use the SMI MFI indicator as a tool to time their entries and exits strategically. When it shows significant divergence from Bitcoin's price movements, it may indicate a potential trend reversal.
🔮 Navigating Crypto Markets: Keep in mind that while the SMI MFI indicator can be a valuable addition to your trading toolbox, it's essential to conduct comprehensive research and risk management before making any trading decisions.
In conclusion, the introduction of the SMI MFI indicator adds a new dimension to the world of crypto trading. It has the potential to become a valuable tool for spotting global market reversals in the dynamic Bitcoin landscape.
Stay tuned, stay analytical, and remember – in the crypto world, being ahead of the curve can be a game-changer! 🌐💰
Altcoin Market Cap Potential through Wyckoff Analysis 📊🚀📉 Wyckoff Analysis Refresher: Wyckoff analysis is a method for understanding the phases of price movements in markets. It encompasses Accumulation (a period of smart money buying), Markup (bullish phase), Distribution (smart money selling), and Markdown (bearish phase).
📈 Applying Wyckoff to Altcoins: We can adapt Wyckoff analysis to the altcoin market. Accumulation represents the phase when astute investors accumulate altcoins at low prices. Markup follows, with prices surging as the broader market catches on.
📉 Distribution and Markdown: After a substantial rise, we may see distribution, where early investors start selling. Markdown is the subsequent bearish phase when prices drop.
🚀 Assessing Market Cap Potential: By analyzing altcoin price movements within these Wyckoff phases, we can gain insights into their market cap potential. If an altcoin is in the Accumulation phase, it may have untapped potential as smart money accumulates.
💡 Key Takeaway: Wyckoff analysis can guide your altcoin investment decisions. If you identify an altcoin in the Accumulation phase, it might be a promising long-term bet. But remember, thorough research is crucial.
🔮 The Future Unveiled: Keep in mind that markets are dynamic, and past patterns don't guarantee future results. Wyckoff analysis is a tool to aid your decision-making, not a crystal ball.
In conclusion, applying Wyckoff analysis to the altcoin market can provide a unique perspective on market cap potential. Recognizing which phase altcoins are in can help you make more informed investment choices.
Stay analytical, stay vigilant, and remember – understanding Wyckoff principles can empower you to navigate the altcoin landscape with a strategic edge! 🚀📈
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