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Understanding crypto
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state of the crypto market. This is why I'm just holding my crypto investments. #Bitcoin #Altcoins #cryptomarket
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Tick-tock, tick-tock, Ethereum. ⏳ Although we don’t have many data points, the few we do have suggest that the rally typically begins in December or January. (This is based purely on time analysis. On the other hand, price analysis continues to indicate that we are in the bottom range, as highlighted by the square box.) Once ETH takes off on its BTC pair, we can expect to see some real fireworks across other altcoins. It shouldn’t be long now! 🚀
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We will now have a Crypto czar in the whitehouse folks. When I made a video essentially endorsing Trump, I was told “he’s just doing it for the votes bro” Welp, he’s delivering on his promises already. Good chance we moon this bull market higher than we all expected given a pro-crypto President in the helm. 🥂
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Trump appoints pro crypto Paul Atkins for the next SEC chairman. Great Times ahead folks 🥂 (Make sure to be following us on yt at understanding crypto)
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Quick Bitcoin update This update is more conditional than certain folks but here is my two cents: By my analysis, bitcoin dearly needs to hit 100k IF NOT, It will keep on the move downwards with the ultimate bottom at 80-78k. The 87k price can also act as the bottom (which is inside the trump wins zone we noted sometime ago) but we will need to check on Usdt.D if that happens to confirm! Honestly, this for me would be the ideal scenario for BTC but if it can go to 100k then this theory would no longer be valid. NOTE: This is just so that we have an idea of what is going on if price starts to dip. If instead it goes to 100k and beyond, then welp... pop the champagne 🍾
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uhhh, what is going on with btc.d? It got slammed from our zone. I saw it's formation on the lower timeframe on Friday night but i didn't want to get excited as this thing has trolled us for the better part of this bull. We will need to see it create a lower high by using this zone as resistance then we can call the alt season. Remember, historically, we should begin the alt super rally by December or January so either ways, it shouldn't be long now before this thing starts crashing hard! Stay tuned to our videos @ understanding crypto yt.
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