askocaturk

askocaturk

I found a fractal which coincides with my short/mid term expectations. Let's keep it to follow. This is just a fractal and better you do not overvalue! Do your own research! Cheers!

askocaturk

Hi There, I believe we are in the final stage of accumulation. I'm fully allocated to the altcoins right now. We may have already found the bottom in crypto in general or we may experience one last dip soon. In both ways, we'll see a very strong move to the upside which will take like 3-5 months. Note that we may see only BTC rally for couple of weeks before alt...

askocaturk

Hi all, Others dominance is around the bottom of the channel which is valid for years and if the bottom is around here, others' dominance may go up to around 30%. In order to go from 9.5% to 30%, roughly 4x is needed by others marketcap where the top 10 marketcap doesn't move. Considering the top 10 would also make 2-4x from here, others would make 8-15x...

askocaturk

Hi all, I've observed a fractal pattern which fits pretty well for TOTAL3. As seen in the graph, we might be in a similar period as it's 2020 October in the previous cycle. If this is the case, we may see a huge BTC rally first and then Alt rally may start which would make TOTAL3 to rise up to 2.5-4 trillion dollars. Let's see! This is not a financial...

askocaturk

Hey all, Altcoin Dominance excluding the stable coins is about to break the descending channel as same as 2020. However, 4 years ago in a very similar point the channel could not be broken and the all crypto market went down like 20-50% from their tops and then Bitcoin has started real bull run. During this real BTC bull run, many altcoins lost their values...

askocaturk

Hey all, I've just found a fractal pattern for BTC showing that the price action these days behave very similar to the one in 2020 ATH break. It doesn't mean it will still continue to follow but shows something interesting. Cheers!

askocaturk

Hi all, It's been a long time to post about crypto. I was simply waiting for a signal to see if we go down or we go up. There has been a parallel range between 20-30K and BTC was consolidating there. It was still not obvious which way to go. After crossing 33K and sustaining above there for some time, I turned bullish now and prepare my self for bullish...

askocaturk

Hi all, I've found a fractal pattern in Bitcoin. Let's see how this is going to play out. Not a financial advise. Do your own research. Cheers!!

askocaturk

Hi all, Bitcoin has been moving up very nicely since the beginning of 2023 and it's going pretty well. The only concern I have is that price movement is not supported well with the volume. We have a decreasing volume lately and I hope we can see even higher price movements supported with added volume. Let's analyze if we are done with bear scenarios or not! Even...

askocaturk

Hi all, We are in the very critical area in technical perspective and waiting for FED's rate decision today. It's important to identify the risks and opportunities and create different scenarios. Let's start with a good scenario. If we keep the momentum and proceed to go up, I think it's very probable to go up till the immediate resistance area (60-70%...

askocaturk

Hey all, I found a fractal pattern which coincides well with the current price action. Let's see if we see a bullish continuation. This is just a fractal similarity and doesn't offer more than this. This is not a financial advise. Please do your own research. Cheers!

askocaturk

Hey all, I'm expecting BTC to finalize Elliott's 5th wave at around 26K and then we'll watch. If we see that, there are 2 main scenarios. One is that BTC has already found the dip at 15K , started a new 5 wave cycle and we'll be done with the first one of it. Then we expect a deep correction of wave 2 to until 17-19K. If the crucial support really support the...

askocaturk

Hey all, I just found this fractal from 2020 and copied on the existing price action. Fits pretty well. Let's watch this for some time. Please aware that I'm still not super bullish yet. I'm 60% bullish, 40% bearish! Be still ready for worse cases and, have scenarios and strategies! This just one scenario for a positive price action. Try to have many of them...

askocaturk

Hi all, I'm sharing Altcoin Market Cap graph excluding the stable coins and Ethereum. This graph helps me to see my portfolio performance which is under or over performed against the market. If my portfolio over performed against this graph, I convert some altcoins into BTC, ETH or cash. If the other way, then I convert some BTC or ETH into altcoins. From the...

askocaturk

Hi all, Hope you all are doing well. Crypto owners have been having big troubles for a very long time. I believe we the most difficult part in crypto has passed already and the chance of having positive positions much higher compared to negative ones in the next 1-3 years of period. There is still a recession on the desk but impact of FED rate increases almost...

askocaturk

Hi all, There is not much change with the BTC price since my last update in September. It's been months and BTC doesn't really show an impulsive increase and neither goes down significantly. They stole our time very badly and BTC is still consolidating around 17K. Now, I will share 3 main scenarios in my mind. Let's start with the best one (GREEN)! As long...

askocaturk

Hi all, I have created a new BTC Dominance Graph by excluding the stable coins. I believe this will give a better understanding how the altcoins will react in the future. My strategy: At 58-60: Take more risks and increase altcoins in the portfolio (If BTC starts a bull run, I would expect 70 as target) At 42-43: Reduce risks and convert altcoins to BTC or cash...

askocaturk

Hi all, There has been no any changes in the crypto market in the last weeks but there has been interesting price actions in DXY, EUR, GBP, JPY and XAU. It seems like the fear is huge all around the world now in every market. Is it just a start of a big market crash or the fear is being exaggerated? We may end with the boring market conditions soon or we'll see...