Crypto market crucial weekIf Bitcoin closes the week with a green candle and next week's open price is above $59,800, the price will go up. If this week ends with a sell, next week we will have the final bottom.
Cryptojourney
All eyes on 69000!Once again, all attention is directed towards one area: 69k, the ATH from the last cycle. It's the zone with the trendline, order block, and Fib attention area.
If this zone becomes support, there's only one way - up.
During this consolidation in the range, liquidity has been taken only from below the consolidation. Next, the liquidity from the upper side, 73-80k, will be targeted.
Altcoin season? Very close.
However, there's a chance some may make another low in this consolidation, and with liquidity taken from there, a larger climb might begin. The market sentiment has quickly shifted from bearish to bullish with just a small pump.
It might be wise to place buy orders a bit lower as a precaution.
Overall? I'm very bullish.
Institutions, Pension Funds, Investment Funds, the world's most powerful countries (not Germany :))), ETFs (Bitcoin and Ethereum, and maybe soon Solana), Donald Trump (almost a certainty as the future US president): BUY BITCOIN/crypto and promote it.
Super cycle is coming! 🌟
Is the Correction Over?In each cycle, from the bottom to the high in the pre-halving rally, #BTC has seen an increase of 330%-370%, followed by a minimum correction of -38% or, with the exception of the rule (pandemic), -62%.
At this moment, a 38% correction means a price of $45,700, while a -62% correction means $27,900. However, I don't think we will see such a large correction now.
#Bitcoin could drop below the $50k zone as there is a lot of liquidity waiting to be taken from there.
The price from here could have reactions, but I don't think it will make a new ATH from the low at $53,700.
Solana: A Promising Long-Term BetSolana, one of the most complex and comprehensive projects in crypto, can be a good long-term bet. From this area, we could see a significant rise, and in case of a new correction, the lower zones might be the bottom for SOL in this cycle. A realistic top for Solana could be around $660. :)
Ethereum ETF vs Bitcoin ETFAfter the approval of Bitcoin ETF, we had a market correction that took liquidity under consolidation, something I expect ETH to do now. If ETH follows the same pattern as BTC, this translates to a price of $2631/ETH, with a possible spike even below the $2500 area.
Wormhole: Potential Top 20 Contender for This Bull Run!Wormhole is a solid project with a good chance of being a top 20 project in this bull run. I own W and will accumulate more only if it drops below $0.30. The green-marked zones could be the bottom during this correction before reaching a new ATH. The red-marked zones might have a bigger impact, and we can talk about ATH only after it passes them.
Layer0: A Must-Have for This Bull RunLayer0 is a coin with huge potential and a must-have in any portfolio for this bull run. Personally, I already own ZRO and will buy more if it dips below $2.5. All green-marked zones are accumulation zones for mid/long term.
EGLD BULLRUN TARGETA scenario on a larger timeframe for EGLD looks like this: we're currently on a wave B (with the next targets for A marked in green). Following this cycle, i expect an upward move for wave B, but it won't reach a new ATH in this cycle
October Mode: ₿ Golden Fleece and the 'Clashing Stones' ⛵🌟🚀 Hey there, fellow traders and crypto enthusiasts! 🚀
Today, let's embark on a thrilling journey that intertwines the epic tale of the Argonauts and the ever-evolving world of Bitcoin. Just like Jason and his fifty heroic companions questing for the Golden Fleece in their ship, the Argo, Bitcoin and its dedicated community are on an adventure of their own in the crypto realm. ⛵🌟
The Argonauts' Epic Quest:
The Argonautica is an epic Latin poem that narrates the incredible adventures of Jason and his fearless fifty companions as they set sail aboard the Argo. Their mission? To retrieve the coveted Golden Fleece from the distant land of Colchis. Along the way, they encountered mythical creatures, faced daunting challenges, and displayed unwavering determination. 🏹🌊
Bitcoin's Parallel Journey:
In the world of cryptocurrency, Bitcoin stands as a modern-day Argo, and its community of traders and believers as the intrepid Argonauts. Much like Jason and his companions, Bitcoin enthusiasts navigate through a crypto landscape filled with its own set of challenges and opportunities. 💼🌌
Just as the Argonauts encountered mythical beasts and treacherous waters, Bitcoin faces its own obstacles. Regulatory scrutiny, represented by the SEC, is a formidable foe akin to the mythical challenges of old. Additionally, the looming economic uncertainties, mirroring the Argonauts' quest for the Golden Fleece, manifest as fears of recession due to inflation. 🚢🔒
Clashing Stones and Technical Challenges ⛵🌟:
In our crypto voyage, we've encountered our own set of 'Clashing Stones,' reminiscent of the mythical 'Sympligades Petres'' (in Ancient Geek) or 'Clashing Stones' in English. These formidable obstacles take the form of technical resistances, marked at 29042 and 31070. Just like in the ancient myth, passing through these points can be a challenging passage, where selling pressure may mount, or the SEC's watchful eye might trigger more attacks. It's a difficult passage indeed, reminiscent of the Argonauts' trial. But remember, after every storm comes a calm sea. When we conquer these obstacles, brace yourselves, for we're setting sail for a monumental PUMP in the crypto waters. Stay vigilant, traders! 🌊🚀
Bitcoin's Enduring Values:
But what keeps Bitcoin on course? It's the enduring values it represents. Just as the Golden Fleece symbolized power and prosperity, Bitcoin embodies decentralization, financial empowerment, and resilience against traditional economic turmoil. These values resonate deeply with its growing community of supporters. 💪💰
In the spirit of the Argonauts' bravery and determination, Bitcoin enthusiasts meticulously analyze charts, strategize their moves, and adapt to market dynamics. They share a common goal: to unlock the potential of a decentralized future. 📈💡
Conclusion:
In both tales, determination, strategy, and adaptability are the hallmarks of success. Bitcoin's journey, reminiscent of the Argonauts' odyssey, serves as a testament to the unwavering spirit of those who dare to explore new horizons. 🌅🌊
So, as we chart the course of Bitcoin in the crypto seas, may we all find our own "Golden Fleece" in the world of digital assets! 🚢🌟
Trade wisely and stay inspired, my friends! 🌟
One Love,
The FXPROFESSOR 💙
Link: www.kaliterilamia.gr (Greek but hey.. you got google translate to assist you, come on)
