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Unpopular opinion: Bitcoin is worthless. Read why.This idea goes against what BTC whales want you to believe, but it’s my educated conclusion. Let me explain why, and it might change your perspective. The Origins of Bitcoin Bitcoin was the first cryptocurrency, created by Satoshi Nakamoto in 2008 as the pioneer of blockchain technology. Big BTC holders claim it’s “digital gold” with a limited supply. Influential figures and institutions like Michael Saylor, BlackRock, and Fidelity promote this narrative, urging you to adopt their logic and buy in. It’s true that with such big players and media support, Bitcoin’s value has grown tremendously. But does that mean their claims are valid? Let’s dive deeper. The Problem with FOMO Today, a coin like “Fartcoin” can pump 50% and make it into the top 100 cryptos. Why? Because convincing people to buy something often works, even if the product lacks long-term value or sustainability. This phenomenon, driven by FOMO (Fear of Missing Out), does not guarantee intrinsic worth. Let’s Get Logical Crypto is inherently complex and difficult for the average person to understand. Many simply follow what “smarter” people or influencers say on social media. Even major institutions like BlackRock and traditional finance (TradFi) players have only been in the Bitcoin game for a few years—they’re newcomers to the space. Now, ask yourself: If Bitcoin is the first cryptocurrency, does that automatically make it the best? Do we still drive the first cars ever created? The Flawed First-Mover Advantage BTC whales want you to believe that the first is the best and will always remain so. They ignore the concepts of improvement, innovation, and technological advancement. Essentially, they’re asking you to buy the “first car” because they own a lot of them. In reality, Bitcoin was an experimental product that proved finance could exist without traditional banks. It was revolutionary at the time, but technology has since advanced far beyond Bitcoin. Modern blockchain projects, Layer 1 solutions, NFTs, and smart contracts are faster, more sophisticated, and more innovative. Bitcoin is the “first car,” but it belongs in a museum. The financial system, however, is still riding it to extract as much money as possible before its limitations become widely apparent. Bitcoin’s Lack of Utility The internet became mainstream within five years, revolutionizing communication, entertainment, and commerce. Yet after 18 years, Bitcoin remains largely useless—propped up by those who own it and fueled by speculation rather than utility. This focus on Bitcoin has stifled innovation, as other promising crypto projects struggle to gain attention due to the media’s obsession with BTC. Why Bitcoin Is NOT Digital Gold The comparison between Bitcoin and gold is misleading and fundamentally flawed: Gold is a physical, tangible asset. It cannot be duplicated, and there are costs associated with mining, refining, and maintaining it. It has intrinsic value due to its beauty, utility, and millennia-long cultural significance. Bitcoin, on the other hand, is a digital object. By nature, digital assets are infinitely reproducible at no cost (copy function in the computer). While Bitcoin’s cryptographic system creates artificial scarcity, its utility can be replicated and improved by countless other projects. The Fragility of Bitcoin’s Protection Bitcoin’s value relies on its blockchain’s cryptographic protections, which prevent duplication and ensure secure transactions. However, no digital protection has ever been immune to hacking. Over time, as technology advances, it’s possible someone could crack Bitcoin’s security, change the blockchain, or access wallets by breaking passphrases. Do you know any protection that lasted forever? Ask Apple and their DRM, ask Microsoft with their software projections. If that happens, Bitcoin’s value could plummet to zero. Wall Street knows this, and they are profiting while they can. When a hack or major failure occurs, they’ll exit the market, leaving retail investors to bear the losses. Conclusion Bitcoin is not “digital gold,” nor is it a reliable store of value. It was an incredible invention that paved the way for blockchain technology, but its time as a leader is nearing its end. Innovation and technological progress have outpaced Bitcoin, and the idea that it will remain dominant forever is a narrative pushed by those who stand to gain the most from it. Thanks for reading.
BINANCE:BTCUSD
by CryptoNikkoid
72
Bitcoin Analysis==>>Bears' Turn for Selling Pressure!!!As I expected , Bitcoin ( BINANCE:BTCUSDT ) rose to the Resistance zone($100,000-$98,130) , the lower line of the ascending channel and 100_EMA(4H TF) . According to Elliott's wave theory , Bitcoin is completing wave 4 . The structure of wave 4 is Double Three Correction(WXY) . Also, the Volume of candles that brought Bitcoin up to the Resistance zone($100,000-$98,130) is not significant for me. I expect Bitcoin to at least fall to the Support zone($95,890-$95,540) . And if the support zone breaks, we can expect another attack on the Support zone($95,000-$90,870) and 50_SMA(Daily) and fill the CME Gap($94,435-$93,935) . ⚠️Note: If Bitcoin goes above $100,000, we should expect more PUMPS.⚠️ 🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏 Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
32
GOLD ROUTE MAP UPDATEHey Everyone, Ranging markets due to holidays yet our chart levels are being respected and allowing us to buy dips inline with our plans. We got another retest at 2629 weighted Goldturn and will now need to see ema5 lock above this level to open the range above or failure to lock will see a rejection back to Goldlturn support. We will need to see ema5 cross and lock on either Goldturn to confirm and determine the next range. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2629 - DONE EMA5 CROSS AND LOCK ABOVE 2629 WILL OPEN THE FOLLOWING BULLISH TARGET 2655 EMA5 CROSS AND LOCK ABOVE 2655 WILL OPEN THE FOLLOWING BULLISH TARGET 2694 EMA5 CROSS AND LOCK ABOVE 2694 WILL OPEN THE FOLLOWING BULLISH TARGET 2726 BEARISH TARGETS 2600 EMA5 CROSS AND LOCK BELOW 2600 WILL OPEN THE FOLLOWING BEARISH TARGET 2561 EMA5 CROSS AND LOCK BELOW 2561 WILL OPEN THE SWING RANGE SWING RANGE 2518 - 2486 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
7
SpyHoliday update.. This should cover some levels into the next few weeks.. I'll be going over SPY IWM DJI QQQ Market goes no where without tech So let's start with Q's Back inside wedge here Upside of the Wedge is 533ish.. Next few days - 531 is resistance.. over 531.50 and QQQ pushes back up to 533.. over 534 and it melts up to close gap 538. 527.50 - 531.50 is chop.. Below 527 and 524 comes.. Nasdaq futures are over extended so I'd be weary of swinging calls.. up near 531-533 the air will be thin and they won't be able to push all technology expect some big names to be red and some green Iwm.. I'm actually mid term bullish here.. I think money will rotate from fang and back into small caps for a push back to 232-234 over the next few weeks. But first Iwm needs to reclaim 226.. that area between 224-226 is a vicious resistance; IWM only broke over it with Trump election.. Using Fib levels From 2023 low and ATH and you'll get .236 fib resistance at 225, add to that you have the Weekly 20sma at 224.70. I would not buy calls here unless it clears 226.00. Over 226 and we head back to 232 first stop 220-224 is chop.. Below 217 is bearish to 212 TVC:DJI Dow jones Earlier this month Dow jones , TVC:NYA , AMEX:IWM AMEX:XLF All rejected of this long term trend line here. And as you saw they've all bleed the entire month. Looking at Some major Sectors (Health, Transport, energy) , they are oversold and honestly I wouldn't be surprised to see the dow push back up to 44k or maybe even to retest that trend line for the doubletop. Here's what the price action looks like on the daily.. Price needs to break back above 43,500 or 50sma for a move back to 20sma or 40k.. Support is 42,800.. below that and we head back to 42k.. Will all depend on how sincere they are about a energy ,Healthcare rebound. Despite the next week movements I expect dow jones to retest 40,000 in Q1 Lastly spy To be short , Spy will need Qqq to break over 531 to push above 602.50.. You have to understand, Spy goes nowhere with out tech.. if the dow jones rallied 300pts and nasdaq dropped 180pts Spy would finish red. Aapl is worth almost 4 trillion, that evaluation in itself is bigger than the entire Health sector and Financial sector combined. Above 603 and spy closes gap at 607 Below 598 and spy closes gap at 594 598-602 is chop Spy will only break over 603 if QQQ can break over 533.. they are both connected. Only 2 catalyst in the next few days... Japan's CPI Thursday after the close will influence Friday's price.. The volume will remain muted until after new years So I'd go light and be nimble on any position. Also End of year tax harvesting and Rebalancing will give us a nice Red day between now New years.. Opinion - The extreme discrepancy in some of these stocks is crazy.. Example, look at ExxonMobil technicals , Now look at aapl technicals.. look at the energy sector XLE then look at the Communication sector XLC.. I think in the coming weeks/Months Warren buffet bet on OXY will pay off I'll keep this post open for updates for the next 2 weeks.. Happy new years
AMEX:SPY
by ContraryTrader
15
TradeCityPro | KSM: Ascending with Key Breakouts👋Welcome to TradeCityPro! In this analysis, I will review the KSM coin. This project is part of the Polkadot ecosystem and the analysis is conducted on a 4-hour timeframe. ⏳ 4-Hour Timeframe: Price Correction After Reaching Significant Resistance In the 4-hour timeframe, after breaking the $22.17 level, the price executed a sharp and substantial uptrend, even managing to breach the resistance at $29.16 and reaching up to the $47.82 area. 🔍 After testing this area twice, the price entered a correction phase and dropped in two legs, first to $33.33 and then to $29.16. With a fake break of the $29.16 support, the bearish momentum in the market decreased, and currently, the price is forming a new structure. 📊 A very important note for the bullish trend is that during the entire correction phase, the volume of candles has been gradually decreasing, and it has now reached its lowest state. The approaching Christmas holidays have also undoubtedly influenced the decrease in volume, and the price may continue to range within this area until the end of the holidays. 🔽 If a third bearish leg occurs, the first trigger is $33.33, which we should wait to see how the price reacts to this area to define it more precisely and become a more reliable trigger. The next trigger is $29.16, which is a significant support. If the price stabilizes below this area, the next support will be at $22.17. ✨ A break below 40.20 in the RSI will aid the entry of bearish momentum, increasing the likelihood of breaking future supports. 📈 Conversely, given the reduced market volume, the bullish momentum in the market remains active. If the trend continues, breaking above 40.58 will be the first trigger. Entering a position upon this trigger helps ensure peace of mind in case of breaking the $47.82 resistance or failing to do so, as the risk of opening the position is accepted beforehand. ✅ The bullish target upon breaking $47.82 is the $59.68 resistance, which will be the initial target of the movement. If this target is reached, I will update the analysis and specify new targets for you. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
7
ALTSEASON Merry Christmas with the biggest Buy Signal out there!First let's start this post by wishing Merry Christmas to the whole community! It's yet again the total crypto market cap (excluding the top 10 tokens) that we are looking at as this time we have the strongest possible buy signal on the 1M chart! The 1M MA20 (blue trend-line) has completed a cross above the 1M MA50 (orange trend-line). The last time this happened was during the previous Bull Cycle on the most symmetric time possible, December 2020. In the meantime, the 1M CCI was almost at the same level (around 180.00). This sense of highly cyclical repetition, indicates that the following months could be as aggressive as January - May 2021 for the market, when it topped on the 1.618 Fibonacci extension from the Cycle bottom. If that feat is repeated, we look towards a 1.65 Trillion market cap in 2025. We can't be more bullish for an upcoming Altseason than that! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTOCAP:OTHERSLong
by TradingShot
4
Be careful with XLMUSDT !!!The price is currently in a bullish flag or possibly an ascending wedge, which could cause the price to increase and rise up to the 0.618=$0.51 line. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
2
Bitcoin - Time to buy again!As I mentioned, Bitcoin does not have enough volume to break the 0.618 line by the end of the holidays. Therefore, we have to wait and see if Bitcoin can stabilize above 100k in the new year. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
Bitcoin/USDT AnalysisCurrent Price: The chart shows Bitcoin trading at approximately $95,660, with recent downward momentum (-2.11%). Support Zone: Around $91,800 - $93,500 (gray highlighted region), providing a strong base where price could potentially reverse or consolidate. Resistance Levels: $98,200 - $99,000: The first resistance level to watch if the price bounces upward. $101,000 - $102,000: A secondary resistance zone. $104,000 - $105,000: A higher resistance zone that aligns with previous peaks. Potential Scenarios: Bullish Scenario: If Bitcoin holds above the support zone ($91,800 - $93,500), a rebound toward $98,200 and potentially $101,000 is likely. A breakout above $101,000 could pave the way to test the $104,000 - $105,000 range. Bearish Scenario: A breakdown below $91,800 might signal further declines toward $90,000 or lower levels. Trend Analysis: The short-term trend appears bearish; however, the support zone may serve as a strong reversal point for a potential upward move.
Long
by melikatrader94
7
GOLD → A chance for growth or a trap?FX:XAUUSD continues to give hope to the bulls, trading inside a local rising channel resembling a flag on the background of a local bearish trend. Further upside for the gold price may remain limited as the US dollar remains underpinned by the Fed's hawkishness. This begs the question: what will happen to rates? Hold or rise? It is worth understanding that the rise in inflation expectations against the backdrop of Trump's protectionist policy requires an increase in interest rates. In addition, statistically, the dollar enjoys interest towards the end of the year, and because of the Christmas holidays Technically, I am still skeptical about a possible strong growth, as the fundamental background is weak. Technically, the price may bounce from any nearby strong level. Resistance levels: 2633, 2650 Support levels: sma, 2606 We may not expect strong moves at the end of the year, the market is already celebrating the end of 2024. But the probability is there. Emphasis on the nearest strong levels from which the fall may resume Regards R. Linda! Happy Holidays to all and a productive new year 2025!
FX:XAUUSDShort
by RLinda
5
Will AMD recover and catch up with NVDA? updated/Revised Outlook🔸Hello traders, today let's review 2days/candle price chart for AMD. Price contained within bullish channel since 2021, however currently pullback/correction in progress. 🔸65% correction in progress, based on previous swings expected to complete at/near 88/90 USD in Q1 2025. Until then it's recommended to stay out. 🔸Once we bottom out near 90 USD in Q1 2025, expecting bullish swing 265% gains off the lows, so projected high is 310/320 USD. 🔸Recommended strategy bulls: Bulls wait for correction to complete at/near 85 usd in Q1 2025 and get ready to BUY/HOLD. Bullish impulse / reversal off the lows price target based on measured move projection is 310/320 USD. patience required, do not expect miracle/overnight gains in this market. good luck! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
NASDAQ:AMDLong
by ProjectSyndicate
11
Moving Average Convergence Divergence MACD A Comprehensive GuideMastering the Moving Average Convergence Divergence (MACD): A Comprehensive Guide Understanding the Moving Average Convergence Divergence (MACD): A Beginner’s Guide The Moving Average Convergence Divergence (MACD) is a popular and powerful momentum and trend-following indicator used by traders across various markets. Developed by Gerald Appel in the late 1970s, MACD helps traders identify potential trend reversals, momentum strength, and buy or sell signals. What is MACD? MACD is based on the relationship between two moving averages of an asset’s price. It consists of three main components: MACD Line: Calculated as the difference between the 12-period Exponential Moving Average (EMA) and the 26-period EMA. Signal Line: A 9-period EMA of the MACD Line. Serves as a trigger for buy or sell signals. Histogram: The difference between the MACD Line and the Signal Line. Visual representation of momentum changes. How to Interpret MACD Crossovers: Bullish Crossover: When the MACD Line crosses above the Signal Line, it signals upward momentum and is often interpreted as a buy signal. Bearish Crossover: When the MACD Line crosses below the Signal Line, it indicates downward momentum and is often seen as a sell signal. Centerline Crossovers: When the MACD Line crosses above the zero line, it indicates bullish momentum. When the MACD Line crosses below the zero line, it signals bearish momentum. Divergence: Bullish Divergence: Occurs when the price makes lower lows, but the MACD makes higher lows. This can indicate a potential upward reversal. Bearish Divergence: Occurs when the price makes higher highs, but the MACD makes lower highs. This can suggest a potential downward reversal. Strengths of MACD Versatile: Combines trend-following and momentum analysis. Easy to Use: Simple to interpret for traders of all skill levels. Effective in Trending Markets: Provides clear signals during strong trends. Limitations of MACD Lagging Indicator: Since it relies on moving averages, MACD may provide signals after a trend has already started. False Signals: In sideways or choppy markets, MACD can produce misleading crossovers. Best Practices for Using MACD Combine with Other Indicators: Use MACD with support and resistance levels, RSI, or Bollinger Bands for confirmation of signals. Combine it with volume analysis to validate momentum strength. Adjust Periods for Your Strategy: Shorten the EMA periods (e.g., 8, 18, and 6) for more responsive signals in fast-moving markets. Lengthen the periods (e.g., 21, 50, and 9) for smoother signals in slower markets. Understand Market Context: Avoid relying solely on MACD in range-bound markets where false signals are more common. Example of MACD in Action Imagine a stock is in an uptrend, and the MACD Line crosses above the Signal Line while the histogram turns positive. This is a bullish signal suggesting that the upward momentum is strengthening. Conversely, if the MACD Line crosses below the Signal Line during a downtrend, it signals that bearish momentum may continue. Conclusion The MACD is a robust indicator that helps traders identify trends, momentum shifts, and potential buy/sell opportunities. While it’s easy to use, its effectiveness improves when combined with other technical tools and a solid understanding of market dynamics. As always, backtest your strategies and practice using the MACD on historical data before applying it to live trades.
Education
by CobraVanguard
1
Xauusd sell Gold trades in a narrow channel above $2,600 on Tuesday, albeit lacking strong follow-through buying. Geopolitical tensions and trade war fears lend support to the safe-haven XAU/USD, while the Fed’s hawkish shift acts as a tailwind for the USD and caps the precious metal. Gold confirm signal Gold now sell 2629 Target 2580 From a technical perspective, the recent recovery from a one-month low, along an ascending channel, constitutes the formation of a bearish flag pattern on hourly charts. Moreover, oscillators on the daily chart remain in negative territory, suggesting that the path of least resistance for the Gold price is downward. That said, it will still be prudent to wait for a convincing break below the channel support, currently pegged around the $2,605-$2,600 area, before positioning for any further depreciating move. Xauusd sell signal
OANDA:XAUUSDShort
by JohnHarry_7
6
Gold Spot (XAU/USD) Technical Analysis: Potential Decline to KeyThis analysis of Gold Spot (XAU/USD) on the daily timeframe highlights the price structure, Fibonacci retracement levels, and Andrews' Pitchfork, suggesting the possibility of further downside movement to key support areas. Key Highlights: Corrective Wave Structure and Key Resistance: The recent upward correction appears to have completed near the resistance zone of $2638–$2655, aligning with the 38.2% and 50% Fibonacci retracement levels. The condition for further decline is the inability to close a daily candle above this resistance zone. Failure to break this level increases the probability of continued bearish movement. Andrews' Pitchfork: The price is clearly moving within the Andrews' Pitchfork, which illustrates the overall bearish direction of the market. Price action at the median and outer lines of the pitchfork will determine the next move. Key Support Levels: The first major support level is at $2545, which could act as a short-term target. If selling pressure persists, the price may drop further to the next significant support at $2495, completing the anticipated C-wave. DT Oscillator: The downward turn in the DT Oscillator provides confirmation of continued bearish momentum. This bearish signal, combined with failure to break the key resistance zone, increases the likelihood of a move toward the identified support levels. Potential Scenarios: Bearish Scenario: If the daily candle fails to close above the $2638–$2655 resistance zone and the DT Oscillator maintains its bearish signal, the price is likely to decline toward $2545 and potentially $2495. Bullish Scenario: A close above the $2638–$2655 resistance zone, coupled with a bullish turn in the DT Oscillator, could indicate a potential trend reversal and a move toward higher levels, possibly $2700+. Conclusion: Based on Andrews' Pitchfork, the key resistance zone, and the signals from the DT Oscillator, Gold Spot is at a critical juncture. If the resistance holds, the price is likely to decline toward the $2545 and $2495 support levels. Traders should closely monitor the price reaction to these levels and momentum signals for potential setups. Feel free to share your thoughts or questions in the comments, and don’t forget to follow me for more detailed analyses like this!
FOREXCOM:XAUUSDShort
by Mohammad_Mirdehghan
10
"Parabolic Moves Unveiled" So, what we’re looking at here is the price moving within these trend channels. The red lines mark the smaller, tighter range where the price has been moving up steadily, and the dashed blue lines show the bigger, overall range of this upward trend. As the price moves higher, the channels are getting steeper, which is a sign that the market might be going parabolic—basically, prices accelerating faster and faster. Now, see those green vertical lines? Those come from a coded system that Plots. They pop up when the indicator in the lower panel (the blue line) hits a critical point, like crossing certain levels. For example, when the blue line spikes up from low levels (like below 30), that’s a sign of a possible big move, like a pump, which is what those green lines are showing. At the bottom, the yellow line shows when the market was oversold, and you can see how the blue line started climbing sharply after that. That’s the system saying, ‘Hey, institutions or big players might be stepping in, and a strong move could happen.’ Right now, the price is testing the top of the red channel, and if it breaks out, we could see a parabolic move higher. But, here’s the thing: if the price doesn’t break the top of the channel, it might reverse back down. So, we’re in a key area where either the trend accelerates, or we get a pullback." "Altcoins: The Untold Story"
COINBASE:BTCUSDLong
by The_ForexX_Mindset
28
EUR/USD Break-and-Retest: Next Stop 0.97?Weekly Timeframe: Clear downtrend with a rejection at the 50 MA and a break below key support. Next target lies around 0.97-0.98, a major demand zone. Daily Timeframe: Confirms the bearish bias with a retest of the broken support, now acting as resistance. Price remains below the 50 MA, signaling continued downside. Correlation: Both timeframes align in a bearish trend. Weekly sets the direction, while daily refines entry opportunities with break-and-retest setups.
Short
by unichartz
18
Higher High Next It is true that I've been calling for Bitcoin sideways; not that I been calling for it, that is what Bitcoin has been doing... Oh wait, Good afternoon my fellow trader, how are you feeling in this wonderful years-end? I hope you had great fun celebrating the birth of Jesus the Christ and all that, but there is another party just a week away so I hope you can take some of your time to read this. For your entertainment of course 😄😅 Bitcoin has been sideways but this sideways is biased. Price action clearly shows higher highs and higher lows. Will the sideways continue or will Bitcoin break higher? The truth is that January is only a few days away. 2024 is over. It can take 10 days, or 20 days... But Bitcoin can grow slowly, moving higher and challenge resistance again. We see some force at the last resistance point but support is found above 90K. Not at 90K but above it which is a signal of strength. With this much strength, Bitcoin now being 15 years old. Many people are familiar with it, everybody knows what Bitcoin does every four years; Bitcoin is going up. With all these facts, all this knowing, all this awareness, all this strength, all this growth; can we not speculate that Bitcoin will continue rising? It has been doing so for very long. The theory of the sideways market was based on the fact that Mars went retrograde earlier this month, around the 7th. It is true... Bitcoin was growing super strong, the entire market and come this date, everything stopped. Then we went on and assumed that the resumption of the bullish wave would happen late in February because that's when Mars stations direct and the exact same dynamics happened between late 2022 and early 2023 with this Mars retrograde; since it is already happening, why not expect the same? This is true but this is only one signal, one data point. One signal in isolation can be dangerous. Or it is better to say that multiple signals combined are stronger and give a better picture. When we add the cyclical bull-market in 2025, the improving market sentiment, global adoption, favorable regulations developing all across the world, etc. We are bullish on Bitcoin! Considering all these things it is easy to be ultra-bullish. Another reason to be ultra-bullish is because we have been expecting a bull-market in 2025 since always based on all those patterns that we already know. Seeing it happening only reinforces what we predicted and since it is happening we know what's to come. The recent bullish wave was just a preview. The next one will be literally twice as strong. So if your favorite pair grew between 300% to 500%, the next one will be between 600% and 1,000%. Amazing. And then there will be another one which will mark the end of the bull-market based on previous cycles. We are entering a new world, a new reality so this cycle-pattern might be broken and we see something like a super-cycle but we can only know this after the event. For now, we know that Bitcoin is growing in 2025, the Altcoins will grow in 2025, so we are ready to take advantage of this knowing. What would you do if you knew your favorite Altcoins are ready to grow by 10X? How best would you take action now to profit from this situation? How to make the most of this information? It is happening! It is already here! It is not too late... The bull-market is only getting started, get used to it because we want growth, forever growth. By the way, 150K is not this cycle top. We will see more. Thank you for reading. Namaste.
Long
by AlanSantana
2