Hello friends ,

Here I will try to give an answer to the most important question right now :

➢ At what stage are we, regarding the alcoin season ?

I'm sharing a weekly chart of "TOTAL 3" market capitalization representative of the altcoin market excluding BTC and ETH.

➢ In my opinion we are at the very beginning stage of the most impulsive exponential growth for the altcoins. IMO any further correction will be much appreciated by the large buyers.

➢ Of course the confirmation will be given from the BTC Domination falling below 50%. (currently 54.90%)

Yes friedns we might be in the beginning of something huge. Something that we are all waiting for and something that right now looks closer than ever.

#Bitcoin #altcoins #crypto #BitcoinDomination #Write2Earn

Some more thoughts on the weekly chart of Bitcoin.

➢ Here I'm using the range where we had :

- First top April 2021
- Correction to 29K
- Second top - forming a double top bearish pattern

➢ What am I showing on that picture and what my points are ?

- As soon as Bitcoin lost the support at 29K and so it dropped below the range mentioned above, wa had a strong impulsive move all the way to 17K. A couple months later we had the perfect bottom around 15K.

- Now Bitcoin is above that same range preparing for its next move.

- In technical analysis we know that whenever there is a measured move below a range we could expect the same measured move to happen, when the price gets above it.

➢ Beside all that, we already had 3 impulsive upward moves for Bitcoin followed by a consolidation period after every each.

- We could see that these 3 impulses are having equal hight.

- If we put one more equal impulse above, it gives us the same exact target as the measured move using the range - 120K.

* On the picture I've tried to visualize all the above, so all of you could get a clear understanding of what am I talking about.

Enjoy !

#Bitcoin #crypto #Write2Earn $BTC

Some thoughts on the week :

➢ In my opinion the most important is that SPX had a nice bullish reaction from the monthly fvg. Which is bullish for the markets overall - being one of the most important indices.

➢ Bitcoin has not being able to break back above the critical level of $64,500 and to flip it into support ( crucial ), still leaving expectations for a bit lower prices.

➢ During the week most altcoins were actually quite strong compared to BTC , which is one more indication for the upcoming altcoin season.

* you could check some of my last posts in order to see some charts on the above.

➢ In conslusion :

We could say that the correction in crypto still may not be over, but most likely we are not going to see significantly lower prices. The altcoins are very near to the beginning of exponential growth and right now we still have amazing "maximum profit" opportunities.

In my opinion we should rather stay positive and even optimistic about the months ahead.

*non of the above is an advice.

#Write2Earn #Bitcoin #Altcoins #crypto

It looks like there is a very high chance to see the start of the Altcoin Season during the next month.

* TOTAL 3 Market Capitalization - 1M chart.

#Bitcoin #Altcoins #Solana #BNB

Daily close below the VAL. $BTC

Breaking below the rising wedge will give the start for the altcoin season.

#Bitcoin #crypto #altcoins #AltcoinSeason

Losing the VAL of the volume profile will most likely lead to a strong impulse downwards.

$BTC

As mentioned , USDTdominance is someting you just have to pay attention to.

#Bitcoin #BTCUSDT $BTC #crypto

Hello guys , some thoughts on the BTC price action :

➢ So far Bitcoin is getting rejected exactly from the first level of critical resistance - 67K - mentioned 2 days ago in my post .

➢ It looks like the bears are a bit stronger than the bulls above 60K so far and so the scenario about testing 55K is absolutely valid.

➢ It will be very important to see what kind of price action we will eventually see below 60K. Are there going to be large buy orders and on which exact levels.

➢ As mentioned many times we are in a correction. April and May are usually red , so we should stay conscious.

➢ However corrections are absolutely normal and actually needed in order to have a healthy bull market. Overall I believe that we should stay positive and most likely taking advantage of the correction (being a buyer) will be a good decision .

*nothing above is an advice or a recommendation for a trade.

#Bitcoin #BTCUSD #crypto #Write2Earn $BTC

Hello friends,

I'm sharing , my posts from earlier today regarding what is most likely to happen with the USDT Dominance and how it will affect the Bitcoin price in the short term.

*I understand that we have a huge time difference with many of you, and I'm trying to find the best way not to make you miss content that you might be highly interested in.

#bitcoin #crypto #USDTDominance

* In addition to my post about USDT Dominance , being most likely about to do another sipke.

Here we are on the Bitcoin daily chart in order to describe, how that will affect the price:

➢ That will lead to rejection from the critical levels of resistance, being mentioned many times in my posts so far, and so to another drop.

➢ My target for that drop is around 55K, where we have a weekly fvg. (again mentioned many times in my posts).

➢ There we will be watching for the reaction with that level, which will be very important indication about the future price action, especially in the short term.

#Bitcoin #crypto $BTC

*non of the above is an advice.

Hello friends,

I'm sharing some thoughts on the short term Bitcoin price action using the USDT Dominance as a main point:

➢ If we have another 20% spike in the USDT Dominance, that will lead to drop for the BTC price - very likely around the 55K area, as I've mentioned many times in my posts.

➢ The daily structure of the USD D. is very bullish - breaking above the consolidation and having a retest. This is indicating that there is a high chance for another spike, at least in the short term.

#Bitcoin #crypto #USDTDominance $BTC

IMPORTANT :

A very interesting moment for SPX (S&P 500) - an index being extremely important for all the markets.

➢ Currently we are having the montly fvg at approx. $5,000 being filled and so far there is a bullish reaction, starting the week with green.

➢ The question :

- Are we going to see a retest of the last ATH at $4,800 ?

- Or SPX is going to rebound from the monthly fvg having a new ATH ,most likely hitting the target at $5,500 ? (0.81 fib extension of the first upward swing)

➢ Depending on these two scenarios , we will have :

- Larger and longer correction for Bitcoin and the crypto market

- Or bulls back in control driving the market up after the 60K level was successfully defended.

#Bitcoin #BTCUSD #crypto #stockmarket #Write2Earn

Just plaing around with the Fibo...

..Or maybe not 😉

➢ $2.5 Trillion market capitalization for the altcoins (excluding BTC and ETH), is coming if the market hit the same Fibonacci level like in 2021.

➢ A breakout above the consolidation below 0.19 and having a retest, was the beginning of the most impulsive stage of growth for the altcoins back then.

Currently we have the same.

#Bitcoin #crypto #altcoins

Dear friends ,

Let's see what the "Four Sages" indicator has to tell us.

It is a perfect tool to define the power of the trend, especially on the big picture. (in that case the weekly chart of Bitcoin).

➢ In the last weeks and currently the price has not being able to rebound from the "Raito Burū" (light blue) and that is an indication that the bulls need to recharge the batteries.

* "Raito Burū" is a perfect tool showing the power of the upward move during a bullmarket and closing a strong weekly candle back above will be a bullish sign.

➢ Now on the table is a possible test of "Dāku Burū" (dark blue),like Bitcoin did the last time we had a correction - this time that makes around 55-57K level.

➢ Being just in the beginning of the week, we must stay conscious, expecting a possible high volatility (most likely in both directions). Again - the weekly close is very important !

Stay tuned for more updates , give a thumbs up and follow if you like my content. Check some of my most recent posts, you could be interested in them also.

#Write2Earn #Bitcoin #crypto $BTC

Bitcoin on the 4h. chart :

➢ After taking some liquidity just below 60K, BTC price is being held nicely above the critical support at $61,500 and overall that's a good sign.

➢ However the correction might still not be over, so we should definitely give attention to the levels where a rejection could occur.

➢ In my book the most important resistance levels in the short term are :

- $67,000
- $67,800
- $70,000

➢ Not being able to break above these levels , could validate the current upward move as a correction to the last downward swing, leading to lower prices - most likely around 55K level.

*You could also check some of my most recent posts regarding the bigger picture for Bitcoin and the altcoin market.

#Bitcoin #crypto $BTC #Write2Earn

And more specifically about the Bitcoin Domination (in addition to my current post about the Altcoin Market capitalization) :

So far Bitcoin was very strong agains the altcoins , but it looks like we could expect a turnover.

➢ The 55% zone is a serious resistance and right now BTC Domination is "fighting" to get above. The result of that battle will tell a lot.

➢ We could already see a bearish divergence being formed on the weekly , which is one more sign that we could expect the altcoin market to get stronger against BTC in the upcoming weeks.

➢ Many of the top atcoins are right now on a strong historical support levels against BTC and some are already starting to push higher - like for example BNB ( my post on BNB / BTC )

We could say the the altcoins future looks bright and most likely we should stay optimistic about the upcoming weeks and months.

#Bitcoin #altcoins #BitcoinDomination #crypto #Write2Earn

Hello,

I know that it feels like a bit too bearish , but I want to share this scenario with you.

➢ Main points :

- Every time the -DI line on the weekly goes into that territory (with red color), we are having relatively bigger and longer corrections.

- Using the 5 Elliott waves pattern, we are currently in wave 4 wich is a corrective one.

- If we put a Fibonacci retracement on wave 3 (from the bottom to the top) we could see that 0.618 (50% retracement) is in alignment with the support of the channel at approx. 40K.

*I'm not saying that it will happen . Nobody could say what exactly is ahead. I'm just sharing this for the people who could be interested.

#Bitcoin #crypto #Write2Earn $BTC

Hello friends,

Some thoughts on the weekly chart.

➢ As mentioned before , usualy there is some struggle going above the previous cycle top.

➢ With the next weekly candle closed above the 2021 top, the bulls will run on full power mode and I believe at that moment we will have a real explosion to the upside for the whole market , especially the altcoins.

➢ In my personal opinion having a deeper correction, like even lower 40K will be an amazing time for accumulation, even when a lot of people will be in fear, and some will be rather selling.

*non of the above is and can not be taken as an advice.

#Bitcoin #crypto #Write3Earn $BTC

On the 4h. chart for Bitcoin :

➢ After the price took some liquidity just below 60K it is back above the supper important support-resistance level of $61,500

➢ In case that we are still going to see the weekly fvg at 55K being filled I'm giving two Fibonacci levels where the price could be rejected :

- 0.618 and 0.81 of the last downward swing . In that sense the current upward move will be a correction of that same swing .

➢ Be careful the correction might not be over .

*nothing from the above is and can not be taken as an advice.

#BTC #crypto $BTC #Write2Earn