Remember markets price the future, and if the overall sentiment is that "we'll get through this", then we could see the beginning of a bullish reversal this summer. For ATOM , there's a barrier at $10 that is both psychological and technical to be broken to have any form of recovery. We're currently in a $7-$9 range, which has a lot of alpha in it. ATOM is a...
gm fren, Increased my bags recently around $28, if the overall trend remains bullish, I think we will see COINBASE:ATOMUSD enter price discovery. You can also accumulate below $30 and sell around $35 for a "safe" short term 15% markup. Possible we make a couple of round trips between $30 and $35. Long term outlook remains good because the COINBASE:ATOMUSD ...
gm frens, If you follow me, you know I've stayed bullish $ETC. Revisiting the $65 region seems inevitable, as miners realize that $ETC can be a way to recycle their $ETH gear. Then it's a virtuous circle of higher hashrate, project becomes more interesting to build on, prices goes up, mining becomes more attractive, etc. So far my January 2022 prediction has...
Updating my previous chart. Very positive recent development. Good US job numbers. End of Covid restrictions. Still some fog in Ukraine. We've entered the green rectangle zone. If Monday we resolve to the upside, ATH in May and beyond. The year will be crazy. If we breakdown, it will take longer, but still very bullish on $BTC and Crypto in general for this...
If you zoom out, you can see BTC is oscillating between roughly 30 and 60 since early 2021. Despite all the negative macro, BTC remained extremely strong because adoption is inevitable . How likely do you think is that BTC or crypto in general just disappears? While it's a self fulfilled prophecy, if BTC (and other cryptos) adoption continue to grows, then...
It's currently a very bad idea to rely on charts to predict the bottom or guess which direction the market is going to take. Macro is driving everything: probable war in Ukraine, Fed rates... However, charts do tell a story. Over a long time frame, crypto is super mega bullish, but in the next weeks/months, there is a high probability of BTC dropping further,...
An update on COINBASE:ATOMUSD - I'm still bullish (whatever that means), I would worry if we get deep below 30 USD. I think price discovery will start in the next weeks. Everything is crabbing right now because the money printer stopped and we're switching to a zero sum game. It won't last IMHO as I expect institutional money to move in later this year. ATOM...
gm There's not much to say, the CRYPTOCAP:ATOM ecosystem is going to be the center of attention in the next months and we're about to enter price discovery. If you haven't entered earlier, now isn't too late. This is a very solid project with great fundamentals. If the overall crypto market continues to be bullish $200+ is absolutely within range. We did 4X...
TSLA accepting CRYPTOCAP:DOGE for merch was a first sign that meme coins could have practical usage and may not just be worthless shitcoins. NYSE:AMC said they will accept CRYPTOCAP:DOGE and CRYPTOCAP:SHIB . I think more and more companies will see the power of memecoins as a marketing tool to look "hip" and "cool". The 0.22-0.35 range is a good area to...