The future of $BTC is quite promising as it has already overtaken silver (M.C 13.9T$) to become the 8th largest asset in the world with a 1.41T$ market cap.
Could it even overtake gold (M.C 14.7T$) in the near future?

According to JPMorgan, Bitcoin's allocation in investor portfolios has reached 3.7 times that of gold when adjusted for volatility.
We may expect that those allocations will increase and in time BTC might actually overtake gold as the most valuable asset in the world.

Due to the popularity of $BTC as a decentralized currency and its store of value against inflation, demand will continue to increase creating more scarcity and price hikes to the digital asset.
Key notes to consider when understanding why:
- 21M BTC market cap
- Estimates suggest that around 6 million BTC, or 30% of Bitcoin's supply, have been irretrievably lost, amounting to $554 billion in value (as of 2023).

According to previous $BTC cycles, we are currently still in the accumulation phase of the halving bull run.

Gann square predictions and analytical comparison to previous cycles suggest that we may achieve an 89-90k price point at #HalvingHorizons before the mid cycle bear market, followed by the peak bull rally driving the price of #BTC to an ATH of 130k before the true bear market post 2025.

The mid cycle bear market will be the discovery phase in which we learn the true price of BTC post peak ATH. Current indicators place that pricepoint at around 36k, and more than likely 34k being the lowest pricepoint BTC will achieve from here on out.

However, with the ETF inflows we could expect slightly different results. So far everything is going according to previous cycles but with more volatility due to the high volumes entering and exiting the market.
What major differences could we expect moving forward though? a 150k ATH before bear market? or a 50k lowest bear market price before the next halving rally? Only time will tell.

I got stopped out of my $BTC long but thats okay as i have trusted my own indicators exit long warnings and closed 20% of my position at 69600 before the price dumped.
If anyone entered the $ETH trade too i would expect you to be stopped out of that as well.
$SOL remains steady above entry so just keep holding it.
The important thing is that we tried our luck with some long-term positions and havent lost any money in the process. For now im going to wait for the market to do its thing and whisper to me what it wants to do. Most likely will be looking for another long position tomorrow along with the PPI report release. I'll update you guys on that for sure.
One thing i can guarantee now is that with easing data, short positions or spot selling now to snipe lower entries is only riskier. So for those who want to perform such actions be very careful and manage your risks accordingly.

dropped another update video on our trade positions in addition to predictions after CPI and fed statments.

Fed summary: expecting only 1 rate cut this year. no rate cut this month. projections for next months report appear pessimistic. Fed not as dovish as we like just yet.

I dont think the market will like this, we wont see a dump but definitely not a pump. Market will trade in the same range we've been trading for the last few weeks until then.

$BTC 4h RSI is still in neutral 50-60 levels leaving lots of room for another 2% gain which makes me expect we have to close today with atleast 4% gain with a possibility of +5% close. Closing anywhere above 3% today will also give us a bullish divergence of the RSI at the 30 level on the 1D timeframe. Which means we can expect an easy rise up to 73k before the weekend, more cooldown over the weekend will leave room for us to easily pump to 80k next week. That heavily depends on the PPI coming out bullish tomorrow though. Otherwise, a small pullback before another slow uptrend and continued consolidation in the 68k-73k range for another month before a definite breakthrough to new ATH with rate cut announcements next month. Who knows, we might hear about a rate cut in todays meetimg anyways with inflation dropping to 3.3% and DXY with 2y yield rolling over already. Fed is forced to cut rates before november. Its just the way it is when looking at the macro data and not just the micro data.

To my followers who took the Entry 1 i discussed in my analysis on Youtube at 67100-67700 range, effing congrats you guys have some massive effing balls!
As you can see i took the safer entry at 68552 pivot but had to chase the order to 68620 cause of how fast the pump moved.
Now if you have already entered your positions at the 67k levels move your SLs to profitable stop loss positions at the 68500. Even though i had a late entry i also moved my SL to this level but just slighlty higher to my entry so i can break-even.
You might be worried about the low volume but for now just hold. NYSE hasnt opened yet and wont open for another 30mins. Once it does, the price will easily reach 70k levels again. Theres also some traders still waiting for the Federal Funds rate report, which im expecting to be good since they already decided to tighten QT for the 2nd time last month. But then theres also the FOMC meeting 30mins after that at 9.30pm UTC+3. Once Powell comes out in the purple tie, you can expect the tone to be very dovish.
I have posted TPs and instructions for how to manage your positions for all of $BTC $SOL and $ETH in my previous post so go check that out if you need a good strategy to maintain profits.
If my analysis in any way helped you get in profit especially when ive been telling you to wait for the past week and i'll give you a sniper entry for the next 3 week swing, i'd appreciate your tips!

Core CPI came in lower than the 0.3% forecast at 0.2% with CPI m/m at a stunning 0%! This lead to a lower y/y of 3.3%. Extremely bullish news!!

PPI tomorrow should also come lower as lower CPI data usually is translated by lower product prices. Most people dont know this yet. But i am expecting PPI to be either equal to forecast or lower which will cause the market to skyrocket tomorrow.
My targets remain the same:
$BTC TP1 71.4k TP2 73.8k TP3 76k TP4 83k
$SOL TP1 173 TP2 182 TP3 191TP4 211
$ETH TP1 3704 TP2 3793 TP3 3896 TP4 4111

My advice is once you reach these TP1s to close 20% of the position and move your SLs to entry. At TP2 close 10% and move SL to TP1. At TP3 close 20% and move SL to TP2. By then you'd have close 50% of your position in profit and leave the rest of the position to fly to the moon. Even if you get stopped out, you closed at profits and no loss.

Summary ahead of CPI and what levels to watch to look for entries or exits.

Quick summary of major points i discussed on market opening hours in yesterdays video.

The $BTC price action followed my expectations and did in fact make a visit of the 66k price level. Only difference was that i was just expecting it to wick down and quickly get bought up, but instead we had a candle close in that range before a recovery early in the morning. This indicates fear among buyers as they no longer have confidence in what represents a support level and what doesnt. Cant blame them as the only buy line of defense is right at the 65k level and it is very small, while long positions are waiting to open at 64k and then an even smaller line of positions open at 60k. This is due to market uncertainty but this will change quickly in the next 48hrs when CPI and PPI are both released. But for now everything is blurry, thats why people are exercising caution as i would recommend for you too.

$SOL has already recovered 1% since todays opening hour and i believe it has already dropped more than BTC yesterday. So even if BTC dumps harder on bad CPI news today, SOL will only retrace half of the BTC retracement before pumping back up again to 150$. Since a drop in BTC price will mean a drop in BTC.D and renew confidence for alt traders in the possibility of alt-season, where most of these projects rely heavily on SOL buy-ins. The same applies to $ETH .

If you want this further explained along with the fib levels and the horizontal dotted lines to understand what these levels on the chart mean, im currently uploading a short 8min summary video on youtube.

New market video update is out.

Theres very little volume in the market at the start of day right now, they'll mostly be waiting for New York to open before we see price action move in a direction and volume flows towards that direction.

$BTC high volatility range today is 68500 - 70000. low volatility range is 69130 - 69844.

Right now my focus is mostly on $SOL though. Its dropped significantly and looks like a very nice time to buy or take longs. Its average value should be 176 so that should be the set target longing from 160 especially when alt season starts. Use 5x-10x max for leverage. SL at 150.

video is out

posting a video TA after 2 weeks of inactivity. if youre already subscribed you should get a notification soon. if youre new here, check out DIVMZ Bitcoin on youtube.

To those who took my advice and waited congrats you saved yourself from losing a lot of money. My expected support as per my previous analysis remains at 68500. If 68500 does not hold, we can expect a drop as low as 63000. But i think the integrity of the 68500 support will only be tested on wednesday after the CPI report. For now it should still hold. My buy indicator still shows the long entry to be at 67800. For now taking any short from 70500 is profitable. If you havent entered a short already at lower 69k price range, its too late - this is support zone and could get bought up quickly. Its like they say, dont try to catch a flying wasp or a falling knife - you'll either get stung or cut. For now just watch the market and look for an entry for your next position in either direction.

new york will pump it with this news on monday, for now im waiting to see how low this goes by the end of the day. im looking for an entry between 70600 and 71000 same as my previous bias ahead of the news. there will be a slow uptrend during the weekend as the smart whales accumulate more. unless support holds higher at 71000 then i'll enter between 71200 and 71500. for now im gonna go out, have dinner and chill for the evening.
if it doesnt pump monday, then we will have low volume until CPI and PPI on wednesday. thats the more important news.

I warned you to avoid taking longs too early. If you did and you were smart exiting at the previous high then congrats for the profit. But im looking for a long term entry with high return. Still waiting for my indicator to confirm the consolidation zone has built a strong support underneath to take as a long entry. Im also still expecting a small pullback which is very much needed since the 1D RSI is at 100% overbought.
I also noticed a pattern on the 4h timeframe showing strong rejection between 70100 and 70500 from both bulls and bears. Each is trying to win the tug of war here but so far the bulls are managing. Therefore its safe to assume if we have just one 4h candle close below 70k, a dump will follow after. otherwise a few wicks means healthy strong support.

Waiting to see which fib level will support. The short term blue or long term gold. one of those will be a good long entry ahead of the weekend. i already opened a position at the golden line though because i expect the panicking fools who dont know how to read news will sell more. keep your SLs very tight like i warned you guys.

hahahaha this volatility is exactly what i expected and why avoided entering. will wait for the bloodbath and get a clean entry in a couple hours. I told you the pump ahead of the news was suspicious.

The daily RSI is what worries me with $BTC . Either we have a small dip to 68k and more sideways action before we can actually pump, or a big dump down to 63k. Thinking of staying away from high leverage trades for a while, even for scalps. If youre spot holding just keep holding, i dont advise to sell either. Market is in a position where nothing is clear. Just dont lose money.