OGFasool

OGFasool

The total crypto market cap chart CRYPTOCAP:TOTAL has broken out of its falling wedge and currently retesting its previous resistance, but on the larger picture, the chart has formed a macro cup and handle structure, signalling a reversal into a bullish environment with targets in the range of $7T-$10T.

OGFasool

DXY potentially flipping previous support into resistance, giving markets and risk-on assets the green light amid rate cuts and rising global liquidity.

OGFasool

The Bitcoin dominance chart has been coiling up in a rising wedge for about a year now, while simultaneously seeing bearish divergence on the monthly RSI chart. With BITSTAMP:BTCUSD sitting near its ATHs, this potentially signals the imminent start of altseason (Q4'2024 going into 2025), given that CRYPTOCAP:BTC.D starts rolling down to macro support...

OGFasool

This is a follow up from my last post on the macro cup & handle structure; the resistance line has been broken and flipped as support, marking a healthy correction and indicating bullish continuation going into Q1'2022. Get ready. ✈️

OGFasool

In display is an inverted BTC chart, showcasing a huge head & shoulders structure that has formed all the way from April. Because the chart is inverted (upside down), this is a highly bullish macro structure, which coincides with my thesis that we're ready for our final major leg up in this Bitcoin market cycle. Expect new ATHs very soon. Shout-out to...

OGFasool

As can be seen, a large cup & handle, which is a bullish structure, has formed on the total crypto market chart, stretching all the way from May. As per my personal thesis, this coincides perfectly with the final major leg up for the crypto market in this Bitcoin cycle, partly driven by mass whale BTC accumulation and early institutional adoption. Expect...

OGFasool

COTI has broken the resistance line that's formed since March/April and upon breakage, we have seen a retest which means the resistance has now flipped into support. This is extremely bullish from a technical stand point; it's also important to note the huge cup and handle structure that has formed upon retesting, which further adds to the bullish momentum. COTI...

OGFasool

The Bitcoin cycle is divided into three stages; a bull market, a bear market, and an accumulation period. Every 4 years, a new cycle begins when the (BTC) rewards for miners (those who verify transactions by unlocking new blocks) are cut in half, hence unleashing a supply shock in the face of rising demand that jump starts a bull market, historically speaking. So...