In today’s video about the PHA token, I’ll show a clear example of how any token, whether you believe it or not, will eventually come and test the Take Profit Line on the weekly timeframe! Why is this important? For example, you missed many tokens that are trading below the Fundamental Value Line, and the token you were watching has already tested this line! Is it too late to buy? No! It’s just that the potential return will already be lower! Plus, you need to be prepared for the fact that after testing the Fundamental Value Line, some assets will immediately go for a one-candle test of the Take Profit Line, while some assets will have more boring price action and will move sideways for a while before making an impulse move! I remind you that there are still quite a few tokens below the Fundamental Value Line! Do your own research! $PHA
The same pattern again! Remember what happened with the tokens that pumped before getting listed on Binance, and then Binance somehow magically added them for trading right around their peak levels?! Well, I think $HYPE could be heading toward the same fate. 1. My iAP model played out perfectly on Bitget 2 years ago, starting from the first zone of interest. 2. HYPE has already made several new ATHs, and this is already a token with a huge market cap. 3. Binance waited more than 630 days to finally pay attention to the most popular DEX in the entire industry? Yeah… sure. 🤌
I’m not very good at counting Elliott Waves, and I never rely on them, but I will say that the market always moves roughly according to this kind of structure. You can look at the Bitcoin chart and see it for yourself. The problem, as always, is deciding which timeframe to look at, but this is roughly what the structure looks like. I’m saying this because we don’t know the length of each wave — neither in terms of timing nor size — and every asset will have its own structure. Now, whether you like it or not, on many altcoins, most people have already missed the bottom of the first initial wave. They will probably miss the second wave as well, and most will start jumping in toward the end of the third wave. Look at many altcoins right now and watch what happens in October/November. The first wave will most likely be completed, followed by a correction. Your task is not to rush. Clearly define your personal zones of interest — and not only for entry, but also for exit. Know exactly where you are personally ready — mentally, emotionally, and financially — to take profits and walk away without constantly worrying about what happens next with that altcoin. $ETH
Iran and the US held talks at the UN General Assembly, according to Trump and *The Hill*. Rubio also confirmed that the US remains open to dialogue, although there is no new date for another meeting yet. So, here’s a perfect example of how, when markets become overheated, the world apparently has nothing new to come up with except war! (Oh, right… and pandemics. ) The idea is simple: crash the markets, cool down investor interest, then spend a long time rocking the boat back and forth with negotiations, failed negotiations, escalating tensions, and so on. Accumulate stocks and crypto while prices are depressed. Then, once everyone is still skeptical but the markets have already recovered — like Bitcoin gaining another $30K — start systematically pushing posts about peace, deals, negotiations, and how everything is about to get better. And then what? At Bitcoin’s peak somewhere around $150–200K, will we suddenly see the war in Ukraine coming to an end, Israel resolving all its issues with Palestine, and a new wave of narratives telling us that Bitcoin is ready for $500K and that the AI sector is only at the beginning of its growth? I don’t know… but it’s hard to believe that everything happens organically. Someone is always influencing the direction of the narrative — and, perhaps even more importantly, the timing of when that narrative appears. $BTC
A Trump-driven rally in risky assets is the main chance for Republicans to maintain their majority in Congress after the November 3rd elections. Again, is this magic? When it’s necessary, the media creates a narrative that altcoins are heading straight to zero and will be worthless. And when it’s time to add a little positivity ahead of the elections, suddenly tokens start going up! Coincidence? 👀 $BTC
BTC at 58k There are influencers who get paid to promote certain meme tokens, either through native promotion or much more aggressively, right? And they’re paid by the people behind those tokens. And I’m starting to get the feeling that there might be some kind of organization paying top influencers who mainly cover Bitcoin to push complete nonsense when we’re near the bottom — and then promote ridiculous ideas like $500K Bitcoin when BTC is already extremely overheated. It’s hard to believe that so many top crypto influencers on social media could all independently reach the exact same conclusions. When Bitcoin was around $58K, they were saying they had sold their Bitcoin because we were going to crash all the way down, almost to zero. It’s difficult to believe that all these people are actually idiots. The real question is: who could theoretically be funding this kind of coordinated narrative to create a specific sentiment and push a desired message across social media? $BTC
CryptoQuant: Bull market confirmed! BTC closed above its 365-day moving average for the first time since March 2023 (and this line has signaled every bull market since 2019). I never stop being amazed at how this is even possible! It was literally the same thing in 2022. Everyone was waiting for $12–10K while listening to Capo. Then, only a year later, in 2023, when Bitcoin was already around $30K, they started saying, “The bull market has finally begun.” And now they’re doing the exact same thing again. They were waiting for $50–45K, Bitcoin reached $87K, and suddenly they come out and tell an audience of hundreds of thousands of people, “The bull market has begun.” And the argument??? Drumroll, please… ONE MOVING AVERAGE LINE. We have so many other tools for chart analysis, yet people are determining whether an asset should be bought based on a single moving average. Brilliant! Could we have gone below $57K? Absolutely! But calling $57K the bottom and the beginning of the bull market — even from a probability perspective — makes more sense in terms of risk/reward than declaring the bottom and the start of the bull market at $87K, only after the fact. $BTC
ICP Price Analysis: Is ICP Ready for a BIG Move? $ICP In this video, we take a closer look at the Internet Computer (ICP) chart and analyze the current market structure, key support and resistance levels, potential targets, and possible scenarios for the next move. https://youtu.be/AC8bJ81WMVM
Regarding the Benjamin Cowen situation — all crypto influencers are now massively pushing this narrative and celebrating like crazy that Ben turned out to be wrong about his $BTC analysis. So much so that he probably said for the first time in a video that he was wrong, and then even made this post! Like… what the fk??? Personally, I don’t always agree with Ben’s ideas. We look at charts differently. He relies more on historical patterns of asset behavior and moving averages, while I currently focus more on algorithmic indicator data, because I’m not a believer in Bitcoin pattern theories at all. Nobody knows the future. We all work with probabilities! You don’t even know, sitting at home, what can happen to you, in the next 10 minutes! But we have price charts, tools to work with, and everyone simply analyzes the market the way they believe is appropriate. And people forget the main idea of social media: we share ideas. It doesn’t matter if you have an account with 100 followers or, like Ben, 2–3 million followers across social media. He is still just a person sharing his view. Some ideas will be right. Some will be wrong. Personally, the most important thing for me is that someone doesn’t just draw random arrows on a chart, but logically explains and argues their point of view. THAT’S IT. What matters is that you have reasoning behind your ideas. Over time, everyone develops their own perspective and EXPERIENCE. One thing is Ben openly sharing an idea with an audience of millions. Another thing is someone like Arthur Hayes intentionally pushing people into certain tokens in front of the same kind of massive audience — you remember those posts — and then systematically selling that same token. THAT is negative influence and intentionally using your media reach. Anyway, keep working, keep gaining experience, and don’t be toxic. We’re all in the same boat. #BTC
Bitcoin may have signaled the start of a new bull market. BTC just closed a weekly candle above the 50W MA for the first time in 45 weeks. Historically, Alex Thorn (from Galaxy) says this move has often confirmed that the bottom is already in. 👀 All of this is great! But I just can’t wrap my head around how top companies with billions of dollars behind them, with the best researchers, analysts, coders, and minds in blockchain, determine the bottom of the main asset only when Bitcoin is already at $85,000! And their argument is the 50-week moving average crossover! So, you had absolutely no arguments at $57–60K that this was the bottom? Or were you quietly buying yourselves, staying silent, and now you need an audience because you’re opinion leaders — so you have to slowly, little by little, build up interest and then start with your usual narrative about $200K–$300K–$500K, gradually selling it to the crowd? Secondhand embarrassment. $BTC
Bitcoin just reached $85K! 🚀 But here’s the thing… Is this the start of a bigger move, or are we about to see another correction? Let’s break down BTC’s current price action and what could come next. $BTC https://youtu.be/61sBWp6yJtM
So, if we have already passed the bottom — and most likely, this is the case! I showed the arguments for this in the video — then I think we have the simplest pattern in the world for identifying the #BTC bottom! Take the weekly timeframe, the oldest chart. We look at 3 things in a future bear markets! - Take Profit Money Bag signals (need to close all sales) - Buy Signal from the Trade On indicator — Weekly - test the Buy Line on the Take Profit indicator! $BTC
Now on social media, we’re going to have a period when everyone who was talking about $50–45K Bitcoin over the summer will quickly flip and become a super bull, and start saying that everything happened exactly as they predicted: supercycle, $300K Bitcoin, and so on! This is just a stream of bs, so filter your news feed carefully! As for altcoins, many have already tested the Fundamental Value Line, so there aren’t that many tokens left with potential bottoms — and therefore, opportunities! This doesn’t mean they won’t go up, no. It’s just that the best opportunities are always with those who use the best tools rather than simply trying to guess the timing! Logic and a plan! We still have 10 days of September ahead, the entire month of October, and the U.S. elections! 100%, ahead of the elections we’re going to get a stream of random positive and negative events and news designed to shake up market participants and create uncertainty! Work with a plan. $BTC