Significant volatility period: starting around September 6hello?
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(USDT chart)
It touched around 82.959B on the falling candlestick.
Therefore, the rise and fall of candlesticks that do not gap should be interpreted as triggering trades.
That's why you don't have to be afraid of falling candlesticks.
What you should be afraid of is when it drops, creating a gap.
This is because it is seen as a phenomenon of outflow of funds from the coin market.
Around August 7th, we can see that funds have flowed out of the coin market as the gap down begins.
When the take profit period is over, we expect it to start moving sideways and then start to rise.
I don't think there will be a downturn in the coin market unless USDT falls below 80.986B.
However, there is only a slight pain in waiting.
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(USDC chart)
USDC is likely to be funds from US-based investment companies or institutions.
Therefore, when USDC shows an upward trend, I think good news will start to come from the US side.
If the gap rises above 26.525B and is maintained, good news is likely to emerge.
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(BTC.D chart)
Altcoins are bouncing as BTC dominance falls below 50.
However, it is only exciting, but it seems to be returning to its original place.
Therefore, in order to trade altcoins, a quick response is required through day trading or short-term trading.
I think the section where you start to think that the pumping of altcoins has started is when it drops below the 47.64-48.81 section.
The pumping of these altcoins is highly likely to cause a strong downtrend in the coin market soon, so caution is required.
In order to welcome a proper altcoin bull market, BTC dominance must rise above at least 55.01 and then start to decline.
For now, I expect it to rise to around 61.73-68.72.
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(USDT.D chart)
A big rise occurred as it rose above 7.14-7.39.
An increase in USDT dominance means that the coin market is likely to go down.
If it remains above 8.12, it is expected to renew the new high (ATH).
Unless USDT dominance shows a decline, the coin market as a whole will draw a downward trend.
(1D chart)
Accordingly, it is expected that it will be important how it behaves during the volatility period between about 6th and 16th September.
At this time, if it does not fall below the minimum of 7.62, USDT dominance is expected to maintain an upward trend in the end, so caution is required.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Marketcap
The Key Is Whether USDT Can Convert To Gap RiseHello?
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(USDT chart)
We need to see if it can rise above 83.333B.
If not,
1st: 82.959B
2nd: 81.839B
You need to make sure that it is supported in the vicinity of the 1st and 2nd above.
(USDC chart)
We need to see if it can rise above 26.525B.
(BTC.D chart)
We need to see if it can fall below 47.64-48.81.
(USDT.D chart)
Regardless of whether the size of funds changes or where the flow of funds is concentrated, the most important thing is that USDT dominance must decline.
Otherwise, the coin market cannot continue its upward trend.
If USDT dominance remains above 8.12, it is expected to renew the new high (ATH).
Therefore, the key question is whether a decline can be achieved around 7.14-7.39.
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(USDT 1D chart)
After gapping down around June 17th, BTC surged.
It remains to be seen if funds flow into the coin market through USDT after this drop.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
BNB Market Cap Looks Ready to Fall From a $20 Billion CliffI have made a few bearish Charts about BNB in the past and this is just a small followup and reminder of what seems like the dump to come.
BNB has broken below all major moving averages and has been rejected from the 200-week SMA and now, if we break below $30B in market cap there will be no support below until 10 Billion Dollars but it could go much lower than even that. I thought about plotting some things on the chart such as a Bearish flag or a Harmonic, but I think the plain and empty chart in this scenario speaks more to just how bad this looks than any pattern ever could.
I will however provide a chart link below to the projection I plotted for BNB earlier on in the year:
Level by level killing useless coinsWe are in a different era for the crypto industry. Although some meme coins pop up time to time, the market struggles to get new money. CRYPTOCAP:TOTAL3 shows the total crypto marketcap excluding BINANCE:BTCUSD and BINANCE:ETHUSD . We can see that the price established levels and is struggling to move upward. This means that the players need to select useful projects and rotate money to catch up the big moves. Thus, whenever we loose a level, useless coins loose big percentages (10-20%). For now we are holding this big support zone, loosing this zone means that crypto exchanges are going to delist your shitcoins. Be selective when building the long-term bag.
Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Volatility occurs in funds in the coin markethello?
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(USDT 1D chart)
(USDC 1D chart)
(BTC.D 1D chart)
(USDT.D 1D chart)
The volatility shown 2 days ago has been corrected and appears to be displayed correctly.
In this way, market cap charts are often displayed properly after at least 1-2 days have elapsed.
- USDT turned from falling to rising,
- USDC is still on a downtrend,
- BTC dominance shifted from gap down to up,
- USDT dominance also shifted from falling to rising in the gap.
We believe that gaps in the USDT and USDC charts are caused by the inflow or outflow of funds into the coin market.
BTC dominance and USDT dominance can also cause gaps.
However, the dominance chart believes that trends are more important than the occurrence of gaps.
Accordingly,
The upward trend in BTC dominance means that the money in the coin market is concentrating towards BTC.
When funds are concentrated towards BTC
1. When funds are concentrated as the BTC price rises
2. If the BTC price falls, but the fall of the altcoin is greater than the fall
Cases 1 and 2 above.
Therefore, I believe that BTC dominance shows the movement of funds in altcoins rather than movements in BTC.
Therefore, it can be inferred that BTC dominance must be in a downtrend to buy an altcoin.
BTC dominance is expected to rise to around 61.73 from a mid- to long-term perspective, so caution is required when trading altcoins.
USDT dominance must show an unconditional downward trend, so the coin market as a whole is likely to show an upward trend.
Therefore, it is time to start trading when USDT dominance begins to decline.
No matter how much the USDT dominance continues to rise, it creates waves, so trading is possible according to the waves.
Currently, USDT dominance is showing a rise above 7.14-7.39.
So, a support around 7.39 could lead to a rise above 8.12.
Changes in the trend of the coin market are expected as we have seen changes in the money in the coin market.
We would appreciate it if you could refer to the BTC chart description for the timing of the change.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
USDT is looking to enter a new phaseHello?
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(USDT chart)
The OBV, indicated by the 'Vol & Trend' indicator, is about to turn from buying to selling.
Therefore, the possibility of volatility in the coin market is increasing.
Similar to the present situation,
It looks similar to the chart above.
Therefore, if USDT starts to decline, it is expected to show a similar flow to the previous chart when it is supported and rises around 82.959B-83.333B.
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(USDC chart)
If USDC remains below 26.129B or continues to fall, it is expected that a crisis in investment products or stocks related to the stock market will occur.
Therefore, caution is required if you are investing in investment products or items that are related to the stock market and coin market.
Since the funds leading the coin market are likely to be funds inflow through USDT, the continued decline in USDC is not expected to have a significant impact on the coin market.
However, since USDC's continued decline causes the stock market and the coin market to separate, the coin market itself is highly likely to show a different look from the stock market.
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(BTC.D chart)
It is expected that BTC dominance should fall below 47.64-48.80 for the altcoin bull market to start.
Therefore, when BTC dominance shows a decline until then, quick trading is needed from a short-term and day trading perspective.
BTC dominance is expected to rise in the 56.78-61.73 range and form a new trend afterwards.
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(USDT.D chart)
USDT dominance is rising above the 6.85-7.27 range.
Therefore, the coin market is more likely to show a downward trend.
A large trend in the coin market is expected to form when USDT dominance breaks out of the 6.21-8.25 zone.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
The key is whether USDT dominance can fall below 6.85-7.27hello?
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(USDT chart)
A rise in the gap broke the previous latest high.
USDT is renewing all-time highs.
(USDC chart)
If USDC continues to gap down below 26.129B, there could be problems with investment products launched for the coin.
Therefore, caution is required if you are investing in coin-related investment products released on the stock market.
(BTC.D chart)
It needs to fall below 47.64-48.80 to trigger an altcoin bull run.
If not, you need to be careful when trading altcoins.
For Altcoins, when BTC is below 29K, the first round of purchases will be made.
In the second round of buying, BTC buys in the 32K-43K range.
I think the time to buy in earnest is when BTC's HA-High indicator on the 1M chart is supported and trying to rise.
Depending on your investment period and trading strategy, short-term trading is possible by selling the first purchase in the second purchase period.
For reference, BTC dominance is expected to touch around 56.78-61.73.
(USDT.D chart)
During this volatility period of USDT dominance, around July 5th-August 2nd, it is finally showing a rise above 7.27.
In the big picture, USDT dominance is expected to break out of the 6.21-8.25 zone before a new trend is formed.
Therefore, it is likely to deviate from the 6.85-7.27 section and in the direction of movement.
For reference, USDT dominance must fall to indicate an upward trend in the coin market.
The next period of volatility is around August 21-28.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
🔥 Stablecoins Predicting Bitcoin DUMP🚨 100% Accurate Signal!If you enjoy this analysis, please give it a like and a follow.
In this analysis We're going to take a look at the stablecoin marketcap, USDT and USDC to be precise.
As seen on the chart, the stablecoin marketcap is trading in a well-defined bullish channel.
Consequently, every single time that this metric has touched the bottom support, Bitcoin dumped. I'm aware that there's only a couple years of history, but a 3/3 hit-rate is still impressive and deserves your attention.
To further strengthen the bearish narrative, BTC's volatility is currently at historical lows and the stock markets are seeing terrible results after the US downgrade from AAA to AA+.
Do you think a dump is imminent? Or are we going back up? Share your thoughts below🙏
Coin market funds are starting to move againHello?
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(USDT chart)
Looking at the 1D chart,
The gap rose above the HA-High indicator on the 1D chart.
I think this movement of USDT tells us that funds are flowing back into the coin market.
Therefore, since it has started to move away from this short-term sideways, it is expected that the coin market will experience great volatility in terms of the historical USDT flow.
I think the key interpretation method is to use Bollinger bands as a concept of contraction and expansion.
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(USDC chart)
Below 26.129B may trigger a red flag for USDC, so careful trading is required.
Extreme outflows of funds can be dangerous by disrupting the flow of funds, so caution is required.
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(BTC.D chart)
It seems that the HA-High indicator on the 1W chart will be created at the 49.72 point.
Accordingly, it is necessary to check whether it is supported or resisted around 49.72.
BTC dominance is expected to rise around 56.78-61.73 and then pick up its direction again.
Therefore, I think it is advantageous to do day trading or short-term trading when trading altcoins.
If you want to trade altcoins from a mid- to long-term perspective, you need to find and observe the altcoins you want to trade in the BTC 29K-32K range.
Then, you should proceed with the second purchase by looking at the flow of altcoins in the BTC 32K-43K section.
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(USDT.D chart)
It is necessary to check which direction the USDT dominance deviates from the 6.85-7.27 range.
Looking at the big picture, it is expected that the trend of the coin market will be formed only when it moves out of the 6.21-8.25 range.
Therefore, rather than looking at the chart from a day trading perspective, I think it is better to look at the chart from a mid- to long-term perspective and reorganize your trading strategy in the future.
The volatility period for USDT dominance is around July 5th - August 2nd.
I think the key is whether there can be a movement out of the 6.21-8.25 section in this volatility period.
USDT dominance must fall so that the overall flow of the coin market will show an upward trend.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
New changes are expected to begin in the near futureHello?
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(USDT chart)
(1D chart)
The possibility of major changes on the USDT chart is increasing.
When the Bollinger Bands (bollinger bands), which have seen the flow of the historical USDT chart, contracted and expanded, it has shown a large upward trend.
It is necessary to confirm whether this time it will show the same appearance as the previous flow.
If it does not, and it shows a decline below 81.839B, it is expected to create a new wave.
USDT is a fund that plays an important role in supporting the coin market.
Therefore, if USDT turns to a downtrend, it is very likely that the coin market will show a large downtrend, so it is necessary to keep an eye on it.
Currently, it is expected to show an upward trend like the previous trend.
----------------------------------------------
(USDC chart)
USDC also has a high market cap ranking.
Therefore, it can be seen that funds entering the coin market through USDC also play an important role.
However, if you look at the USDC chart, it continues to show a downward trend.
This downward trend can never be seen as having a good effect on the coin market.
Currently, there are not many trading pairs that can be traded with USDC itself.
Therefore, we have reasonable doubts that we are converting the funds that flowed into the coin market through USDC into USDT.
USDC believes that when a coin market investment product is launched on the stock market, it is operated with funds that maintain and manage (?) this investment product.
Therefore, we believe that a rise in the stock market is likely to lead to a fall in USDC.
In any case, it is clear that USDC is not yet having a significant impact on the coin market as a whole.
If the USDC market starts to be created on exchanges around the world, it is expected that USDC will also have an influence over the coin market.
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(BTC.D chart)
What you can tell from the BTC dominance chart is whether the money in the coin market is concentrated in BTC or altcoins.
Therefore, the rise in BTC dominance can be interpreted as meaning that funds are concentrated towards BTC.
If this movement continues, altcoins will gradually move sideways or decline.
BTC dominance is expected to pick up direction again in the 56.78-61.73 zone.
Therefore, if you are currently trading altcoins, a quick response is required from a short-term perspective.
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(USDT.D chart)
USDT has a USDT market formed on exchanges around the world.
As such, USDT has a great influence across the coin market.
In that sense, the movement of USDT dominance allows us to see the flow of the coin market.
Looking at the big picture right now, I would expect a major trend to form depending on which way the 6.21-8.25 area is deviating.
To do so, it is necessary to check what kind of movement is shown in the 6.85-7.27 section.
An increase in USDT dominance is likely to lead to a decline in the coin market.
Therefore, USDT dominance is, in a way, equivalent to the invert chart of the BTC chart.
However, since USDT is involved in the overall flow of the coin market, it is not necessarily related to the BTC chart.
Therefore, when viewing Market Cap charts (USDT, USDC, BTC.D, USDT.D, TOTAL, TOTAL2, OTHERS, etc.), you should look at several related charts together.
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To sum up,
I think the possibility of a new trend in the coin market is increasing due to changes in the USDT chart and changes in USDT dominance.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Mid- to long-term trading strategy with Market Cap chartHello?
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(USDT chart)
As USDT fell below the HA-High indicator on the 1D chart, the likelihood of further declines is increasing.
Therefore, the key is whether the gap can rise above the HA-High indicator on the 1D chart.
However, since the HA-High indicator on the 1W chart is formed at point 82959B, if USDT is maintained around 82.467B-82959B, the coin market is expected to maintain an upward trend.
USDT is a stablecoin that has a huge impact on the coin market.
Therefore, we believe that funds transferred through USDT play an important role in the volatility of the coin market.
---------------------------------------------
(USDC chart)
Looking at the 1M chart, it is down more than -50%.
Where did so much money go?
USDC is considered an active stable coin by making coins in the coin market into investment products in the stock market.
Therefore, funds using USDC can be understood as funds required to invest in or maintain investment products in the stock market.
Therefore, it is believed that funds are being moved to invest more in the stock market than the current coin market.
Therefore, it is believed that important funds are flowing out of the coin market in starting or maintaining the upward trend of the coin market.
As a result, I believe that the funds flowing into USDT are limiting or reducing the upward trend of the coin market.
No matter how it is, the coin market is expected to maintain an upward trend as long as the funds inflow through USDT are not withdrawn.
Therefore, you should focus on when to proceed with the purchase.
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(BTC.D chart)
BTC dominance is expected to rise around 56.78-61.73.
Accordingly, caution is required when trading altcoins.
An increase in BTC dominance means that funds are concentrated towards BTC.
Therefore, altcoins are more likely to move sideways or decline.
A drop below 50.49 is required to lead to an uptrend for the altcoin, and a drop to or below the 47.64-48.80 range will feel like an altcoin bull market.
In any case, BTC dominance will rise around 56.78-61.73, so it is better to trade the uptrend of these altcoins in the short term.
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(USDT.D chart)
We entered the important section, the 6.85-7.27 section.
Accordingly, it is necessary to see if it can fall below 6.85 by the start of the volatility period around July 5th.
A drop in USDT dominance means an uptrend in the coin market.
This uptrend represents an overall uptrend in the coin market, so it is usually expected that BTC or ETH will show an uptrend.
The most important thing to look at on the USDT dominance chart is whether it falls below 6.21 or rises above 8.25.
If it does not break out of the 6.21-8.25 zone, the coin market is expected to continue sideways.
These sideways are what you'll see when you look at the big picture.
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Since the amount of money (USDT, USDC) supporting the coin market is moving in the opposite direction, in this situation, I think it is better to consider the trading period larger than mid- to long-term rather than short-term trading.
Looking at the coin market from a mid- to long-term perspective, it can be divided based on BTC 29K.
When BTC is below 29K, you should focus on buying BTC or ETH from a mid- to long-term perspective.
And, proceed with the 1st purchase of altcoins to be held in the mid- to long-term.
If it rises above BTC 29K, you should focus on finding time to split and sell BTC or ETH by buying below BTC 29K.
Therefore, you can split the sale when the rate of return per purchase unit price is 30% or more, or split the sale when the rate of return is 100%.
The timing of such split selling can be set according to your investment style, and you may not sell splits.
However, if it rises above 32K, the range of fluctuation is expected to be large, so it is recommended to proceed with split selling because no matter how profitable you are, if your psychological state becomes excited, you may proceed with a wrong transaction.
When an altcoin rises above BTC 32K, you should start looking for the timing of the second purchase of the altcoin you bought the first time.
If you have not made the first purchase, you need to find the time to buy the altcoin to buy in the 29K-32K section.
Since the second buying period of Altcoins is around BTC 43K, you can proceed slowly with split buying.
When BTC rises above 43K or shows support by touching the HA-High indicator on the 1M chart, we proceed to buy all the coins we have in earnest.
This full-fledged purchase refers to the purchase with the remaining funds minus the reserve surplus funds.
A reserve fund should be set aside between 10% and 20% of the total investment.
This is because the psychological pressure caused by price fluctuations after purchase can be relieved to some extent.
Coins (tokens) bought in this way can be sold when BTC rises to around 81K.
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- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
81K-95K is the range we expect to touch in the next bull market.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
BTC vs ETH market caps.Bull flag formed for BTC market cap.
*much more strength to see from BTC.
ETHEREUMS Market cap
*blue line are indicating when liquidity switch's from BTC too ETH. causing ETH to rally.
July is shaping up for a big month for crypto, this should trigger and altseason of somesort.
sentiment will flip bullish as more altcoins pump a decent ROI.
interesting times ahead :)
Wandering Coin Market FundsHello?
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-------------------------------------
(USDT chart)
A long lower tail was created and then gapped up.
I think the fact that the formation of candlesticks like this occurs is evidence that many transactions have been conducted.
Therefore, we believe that the possibility of a change in trend has increased as we have passed this period of volatility.
If the gap falls below 82.467B-82.959B, the coin market is expected to be in a sharp decline.
The coin market is expected to remain bullish as it is currently showing a gap increase.
-------------------------------------------
(USDC chart)
The decline of USDC is interpreted as a continued outflow of funds from US investment institutions.
Therefore, the coin market is expected to show a different flow from that of the stock market.
Since there are few trading pairs that are directly traded with USDC, I think the direct influence on the coin market is weak.
However, it is necessary to be cautious in trading as it increases the possibility of limiting the rise of the coin market or showing a temporary plunge.
In contrast, USDT is a stablecoin that has a direct impact on the coin market.
Therefore, if USDT continues to gap up, the coin market is expected to maintain its uptrend.
Currently, USDT has renewed its previous high (ATH), indicating that there is a lot of money flowing into the coin market.
Therefore, when a start signal occurs, I think it is highly likely to show a sharp uptrend.
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(BTC.D chart)
The support and resistance points shown on the 1D chart and the support and resistance points shown on the 1W and 1M charts are slightly different.
The reason is that when viewed on the 1D chart, the support and resistance points on the 1M, 1W and 1D charts have been reset according to their importance.
The next period of volatility is around July 25th.
As mentioned before, BTC dominance is expected to rise to the 56.78-61.73 range.
If so, it is expected that the direction of departure from the 56.78-61.73 section will determine whether it will form a small bull market or a strange market where only BTC rises.
Accordingly, it is necessary to be cautious when trading altcoins.
If a strange market is formed where only BTC rises, it is time for the second buying of altcoins, so you should pay attention to the coins (tokens) that are expanding the coin ecosystem.
-------------------------------------------------- -
(USDT.D chart)
Since the flow of funds in the coin market is divided into USDT, USDC, and BTC.D charts, it may be difficult to understand the overall flow.
So, to sum up,
The coin market is overflowing with funds. (Rising trend of USDT)
However, the problem is that the forces leading the upward trend by burning this overflowing funds are leaking funds from the coin market. (USDC downtrend)
Therefore, it can be seen that significant funds contained in USDT are likely to be funds from individual investors.
Funds that account for the largest portion of USDT are expected to be Chinese funds.
Since I think that the current leadership of the coin market has shifted to US funds, I think the rise of USDC will soon lead to the rise of the coin market.
The volatility of USDT dominance plays a good role in confirming changes in the coin market.
The reason is that all coins (tokens) can be directly traded using USDT.
The volatility period for USDT dominance is around July 5th-August 2nd.
So, the question is whether it can break out of the 6.21-8.25 zone during the volatility period starting around July 5th.
Among them, volatility is expected to occur based on the 6.85-7.27 interval.
USDT dominance must fall for the coin market to show an upward trend.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Decreasing USDT inflow (to see if USDT.D falls below 7.14)Hello?
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-------------------------------------
(USDT chart)
It shows an uptrend due to trading after a gap down.
An uptrend with a candlestick movement without gapping indicates that USDT is increasing due to selling.
I think the rise of the candlestick appears because the USDT that has increased in this way remains held.
As long as it does not fall below the 82.467B-82.959B range, the coin market is expected to maintain its uptrend.
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(USDC chart)
USDC is showing a gap decline.
At the same time, it is falling below the HA-Low indicator on the 1D chart.
In order for USDC to turn into an uptrend, it must maintain a rise above at least the HA-Low indicator on the 1D chart and the MS-Signal indicator on the 1D chart.
The upward trend in the coin market due to the inflow of USDC is expected to begin only when it rises above 33.907B.
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(BTC.D chart)
The HA-High indicator on the 1D chart appeared to be created, but disappeared as the volatility period passed.
We believe that the rise in BTC dominance is a fundamental phenomenon that will eventually lead to a major uptrend in the coin market.
Therefore, it can be said that when BTC dominance continues to rise, it is a buying time.
However, you have to think about which coin (token) to buy, but if possible, it is better to buy coins (tokens) that are expanding the coin ecosystem.
The fact that the coin ecosystem is expanding is because it is a coin (token) that many people are paying attention to, so it is highly likely to continue to rise.
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(USDT chart)
We touched the important branch points 78.25 and 7.14.
So, if it falls below 6.85-7.27 and stays there, the coin market is expected to be out of sideways.
If it rises above 8.25, the coin market is expected to plummet.
It is expected that the coin market will need to fall below 6.21 to break out of the critical support and resistance zone.
This move is expected to boost the BTC price by over 35K.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
🔥 Predicting The Next Crypto Bull-Cycle Top And DateIn this analysis I want to make a prediction on where the next bull-market will top, and around which date we can expect it to top. Keep in mind that I only use the last two cycles in this analysis, so take this analysis with a grain of salt.
To make the prediction, I use the total marketcap of crypto (TOTAL), which is the value of all Bitcoin and altcoins combined.
As seen on the chart, it appears that the crypto market is following a multi-year rising wedge pattern with a clear support and resistance line. My assumption is that this support and resistance line will guide us during the next cycle.
In the previous two bull-markets, the market topped 77 or 78 weeks after the halving. With the halving being the 16th of April 2024, we can easily extrapolate the date for the next market top: between 13 October (77 weeks) and 27 October (78 weeks) of 2025.
Now that we have the date, we can combine it with the top resistance of the rising wedge pattern. My best guess is that the market will top at this same resistance like before, which will be around the 12 trillion dollar mark. This would indicate that the market will roughly do a 11x from this point onwards towards the top in October 2025.
With a Bitcoin & ETH dominance of exactly the same value as now, it would mean that BTC will top at ~330,000 and ETH at ~20,900. My assumption will be that the dominances of the two biggest cryptos will be much smaller in the future then they are now.
Do you think this analysis is valid? Where and when do you think that BTC will top? Share your thoughts below 🙏
Bitcoin to 1 million by June? What is needed? Have you heard about former Coinbase CTO Balaji Srinivasan's ludicrous bet that Bitcoin will reach 1 million by June due to the banking crisis? That's almost as crazy as late John McAfee's (RIP) bet back in the days.
But let's get to the real question, how much "money" would it take for Bitcoin to reach such a valuation? Hmm...a pop quiz seems fun!
How much money inflow is needed for Bitcoin to reach a 1 million USD valuation?
a) 5 trillion USD
b) 10 trillion USD
c) 20 trillion USD
d) nothing, hyperinflation will do the trick
e) it's not possible, Bitcoin won't reach a million
Put your answer in the comments right now, then come back and read on ... The answer might surprise you.
Okay, ready? Let's dig in...
Many folks might think that for Bitcoin to reach a 1M USD valuation, it's as simple as checking the current market cap and subtracting that from the total number of Bitcoins issued multiplied by 1 million. That would mean roughly 19,325,000 x 1,000,000 - 550,000,000,000 = 18,775,000,000 or 18.75T USD.
But hold your horses! There are a couple of things to keep in mind. Approximately 80% of all issued bitcoins are being HODLed right now, meaning they are illiquid, the most significant number ever. This means that only 20% of 19,325,000 BTC or approximately 3,865,000 BTC is liquid and available for purchase. The actual number of BTC available on exchanges is even lower.
Then there's the multiplier effect, averaging around 2.6 in the last 5 years. This effect means that for every $1 invested in Bitcoin, the market cap increased on average by $2.6, a fascinating side-effect of the supply and demand mechanism.
Now let's calculate buying those liquid Bitcoins, keeping in mind the multiplier effect using the following formula.
Inflow needed = liquid supply x 1,000,000 / 2.6
Calculated ► 3,865,000 x 1,000,000 / 2.6 = 1,486,538,461,538 USD or roughly 1.5 T.
Quite a difference compared to 18.75T, right?
This calculation, of course, is purely hypothetical and assumes that the current level of demand and supply remains constant. The actual price of bitcoin may vary due to a number of factors, such as changes in demand, supply, and market sentiment. Factors that could have a big impact:
Large market orders would increase the multiplication factor as it pumps up the price much faster
Certainly, some sell orders would be triggered at certain prices along the way, which increases the number of liquid BTC and thus the amount needed to pump to 1M
The calculation did not keep in mind the BTC that will be mined till June, so we need to add some additional BTC in our calculations.
Maybe most importantly, sell orders have the same multiplier effect, not to mention the panic selling that could occur if a large amount of BTC was sold at once.
Nevertheless, the calculation above proves that less money is needed than previously thought for BTC to reach a 1M valuation. While I don't believe that we'll see that happening by June and this bet is outrageously bold, it does show that there is a possibility that if the banking issues continue and people see Bitcoin as a safe haven, we could reach a 1M Bitcoin faster than expected, with less inflow than expected. The point is that the faster this would happen, the less inflow would be needed.
So there you have it! While Balaji Srinivasan's bet may seem outrageous and implausible, it's not as far-fetched as it might appear initially. With the right set of environmental circumstances, such as continued banking crises and increased adoption of Bitcoin as a safe haven asset, reaching a 1M valuation may be closer than we think. And now you know the (theoretical) calculation for how much money it would take to get there!
What do you think? Does his bet make sense? If not, what is your prediction?
Leave your thoughts in the comments and if you liked what you read here, pressing the little rocket (it really helps!) would be appreciated!
Oh, and while you're here, why don't you check the idea below as well, an actual analysis of what I personally expect to happen till the next halving. (And no, it's not as crazy as this bet). Enjoy!
🔥 Total Altcoin Marketcap Inverse Head & Shoulders: New Cycle?TOTAL3, the total crypto marketcap excluding BTC and ETH, has been trading significantly more bearish than Bitcoin and Ethereum. This can also be deduced from the vertical trend of Bitcoin dominance.
Still, there's some good news to be said about the altcoin market. As seen on the chart, the altcoin marketcap has formed an inverse head & shoulders pattern, which is classically a trend reversal pattern.
Keep in mind that the pattern is not yet confirmed. First we have to break through the top resistance (neckline). Nevertheless, it's a pattern that we definitely have to keep a close eye on since it can signal that great things are coming soon for alts.
If the pattern confirms, there's a decent case to be made for the idea that the bear market bottom is in and that a new bull-cycle for alts will begin.
Share you thoughts🙏
attention the BTC MARKET CAP DOMINANCE reach the first strong heavy resistance area
also we have to mention the divergence on the daily time frame
so the first scenario back to the HVN support to take more liquidity
second scenario break it and take it like support levels
so you have to watch this levels
Possibility of trying new challengeshello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(USDT chart)
After June 3rd, it is showing a decline as it creates a gap for the second time.
If this decline continues, there is a possibility that the coin market will plunge.
(USDC chart)
The reason is that USDC's continued decline is believed to limit the current uptrend of the coin market.
Therefore, if even USDT shows a downward trend by creating a gap, it is expected that the rate of outflow of funds from the coin market will accelerate and the possibility of a sharp drop will increase.
However, USDT is currently in a state where it has renewed its previous high price (ATH), so it is not at risk yet.
If USDT falls below the previous high of 82.467B, i.e., below 81.839B-82.467B, a red flag is likely to be generated, so you should think about how to respond.
It is possible that these outflows were caused by the uptrend in the stock market.
If so, this phenomenon is likely temporary.
Since a lot of money is currently flowing into the investment market, I think that if an issue is created in any investment market, great volatility can occur.
The size and flow of funds in the investment market alone cannot determine the price fluctuations of individual stocks, coins, or tokens.
However, I think it will be a great reference for creating a trading strategy that can respond according to the importance of the current point or section by chart analysis of individual stocks, coins, and tokens.
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(BTC.D chart)
No matter what anyone says, BTC dominance is expected to remain on the rise.
The uptrend is expected to continue around 56.78-61.73.
Therefore, it is expected to confirm direction again around 56.78-61.73.
I think this phenomenon confirms that the current BTC price is located at the bottom.
Therefore, it is considered that the second wave of the rising wave is in progress for the BTC wave from a long-term perspective.
(USDT.D chart)
If USDT dominance is maintained in the 7.14-8.25 section, it is expected to continue its upward trend.
When that happens, it is expected to renew the declared price (ATH).
Therefore, for the next period of volatility, the move from around July 5 is expected to be significant.
If it falls below the 6.85-7.27 range, it is expected to escape the risk of a sharp decline in the coin market to some extent.
A full-fledged uptrend in the coin market is expected to begin with a decline around 4.97-5.53, so it is important to check for a drop below 6.21.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
🔥 Crypto Marketcap On 3 Year Support: Perfect Time For EntryThe total crypto marketcap has seen weakness over the last two months. However, it appears that we've found support (for now) at a huge diagonal support line which goes from the COVID lows to the 2023 open.
This support falls in perfect conjunction with my Bitcoin analysis which discusses the idea that ~25k functioned as a spring for another leg up, see below.
So, the total marketcap is on a huge support together with BTC, and a lot of alts are currently oversold on the daily RSI, perfect conditions for bulls to step back into the market.
Do you think that the bottom is in, or that we're supposed to go lower in the near future? Share your thoughts🙏
Detect new changes in USDTHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT chart)
Looking at the 1D chart, the High indicator on the 1D chart was created with an increase, increasing the possibility of forming a new trend.
Accordingly, the key is whether USDT is maintained above the HA-High indicator on the 1D chart.
If this is not the case and falls below the HA-High indicator on the 1D chart and shows resistance, USDT is expected to fall to around 81.839B-82.467B.
(1D chart)
The Stochastic and RSI indicators, which are included in the 'Strength' sub-indicator, are showing signs of a decline (Stoch > RSI).
Therefore, it can be seen that the possibility of USDT declining is increasing.
Looking at the previous data, it can be seen that USDT recorded a sharp drop once it exited the overbought zone and fell.
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(USDC chart)
(1D chart)
The section 26.129B-27.456B is an important branching section.
Therefore, the key is whether you can touch the area around this section and make an upward transition.
If not, I think there is a high possibility of giving a serious blow to the investment products in the coin market.
However, since it is believed that the funds that move the coin market are being made through USDT, the coin market is expected to defend the price if there is no outflow of funds through USDT.
Since the outflow of funds through USDC is highly likely to accelerate the decoupling of the coin market and the stock market, caution is needed when using stock market indicators.
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(BTC.D chart)
Looking at the 1M chart, a new uptrend line has been created.
Therefore, it is necessary to check whether it can be maintained below the newly created uptrend line.
If not, I expect it to continue moving towards the 56.78-61.73 area.
The rise in BTC dominance will cause a phenomenon in which funds are concentrated towards BTC as BTC is leading the coin market.
As a result, BTC price fluctuations will have a great impact on the coin market.
However, if BTC dominance rises, we cannot tell if the BTC price will rise or fall.
It just tells you whether the flow of money is going towards BTC or towards altcoins.
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(USDT.D chart)
The overall trend of the coin market can be seen by the movement of USDT dominance.
When USDT dominance rises, the coin market is likely to show a downward trend.
Conversely, when USDT dominance declines, the coin market is likely to show an upward trend.
Therefore, I do not think it is correct to try to confirm the trend of the coin market, that is, BTC or other coins (tokens), with USDT dominance.
USDT dominance is also related to the flow of funds.
Therefore, it is better to recognize it as a flow of funds in the coin market.
If USDT dominance breaks out of the 6.21-8.25 zone, it is expected to break out of the sideways that BTC is currently showing.
So, if USDT rises above 8.25, there is a high chance that BTC will plunge.
Therefore, it is necessary to check whether the USDT dominance can be maintained by falling to or below the 6.85-7.27 range.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
🔥 Altcoin Extermination: Worst Case Scenario ExplainedAfter Friday nights' massive drop, the total altcoin marketcap (TOTAL3) is hugging it's bear market lows of December 2022. Bitcoin is still holding up, but alts have been losing exponentially against Bitcoin, with no immediate end in sight.
In this analysis I'd like to explore my personal worst case scenario for the altcoin market. Where the alts dropped (on average) over 92% last bear market, they've 'only' dropped 75% thus far., see yellow dotted line This makes one believe that the bears still have more to ground to gain in the near future.
In my view, the worst case scenario would bring the altcoin marketcap all the way towards the lower dotted purple support. This would mean that the average altcoin will drop another 60% from it's current levels. One might think this is far-fetched, but I believe that this scenario is plausible if BTC will start dropping more.
However, we're not there yet. Some serious problems have to arise if we ever want to get at the worst case scenario. But, as we've seen last Friday, crazy things can happen randomly.
Do you think this is a possible scenario? What is your view on the altcoins? Share below 🙏