Not sure if $BTC is just correcting or if the bull run is over?
You're not alone.
The market's being f*cked by Mt. Gox, Germany, Elections, ETFs, and FTX payouts.
But after 100 hours of analyzing data, it's clear: we're being manipulated.
Hereβs what the whales donβt want you to know ππ§΅
You're not alone.
The market's being f*cked by Mt. Gox, Germany, Elections, ETFs, and FTX payouts.
But after 100 hours of analyzing data, it's clear: we're being manipulated.
Hereβs what the whales donβt want you to know ππ§΅
Let's first discuss the current market phase.
We are definitely in a phase called "Depression."
Many are leaving crypto.
People are offloading their assets, having lost faith in the bright future of crypto.
What they don't realize is that surviving this stage is the most important thing...
We are definitely in a phase called "Depression."
Many are leaving crypto.
People are offloading their assets, having lost faith in the bright future of crypto.
What they don't realize is that surviving this stage is the most important thing...
Because listen, such pullbacks happen every cycle.
It's always been this way and always will be.
This is how market psychology works.
We've seen even larger price declines in the past, and nothing catastrophic occurred.
Considering all factors and the overall picture, it's not that bad.
There are more bullish factors than bearish ones, and you should take advantage of the current sentiment.
It's always been this way and always will be.
This is how market psychology works.
We've seen even larger price declines in the past, and nothing catastrophic occurred.
Considering all factors and the overall picture, it's not that bad.
There are more bullish factors than bearish ones, and you should take advantage of the current sentiment.
While alts are lagging far behind Bitcoin right nowβ¦
Bitcoin has already doubled following the ETF approval.
Yet, people are hesitant to buy, thinking "Bitcoin's is too high."
Ironically, this is exactly when the major uptrend starts.
Bitcoin has already doubled following the ETF approval.
Yet, people are hesitant to buy, thinking "Bitcoin's is too high."
Ironically, this is exactly when the major uptrend starts.
Locally, we might not see significant growth next month due to FUD from the small inflow into the ETH ETF and the summer stagnation.
However, the bigger picture remains unchanged: growth is imminent.
Practicing DCA during this minor pullback will yield the best results and help you outperform 90% of traders.
However, the bigger picture remains unchanged: growth is imminent.
Practicing DCA during this minor pullback will yield the best results and help you outperform 90% of traders.
When you don't know what to do, the best option has always been to zoom out and look at the bigger picture.
Looking at the altcoin index, it's currently at the same level as November 2023.
And you know what happened right after that?
That's right, the market saw a 5x growth.
Looking at the altcoin index, it's currently at the same level as November 2023.
And you know what happened right after that?
That's right, the market saw a 5x growth.
All you need to do now is focus on the positive factors driving growth, such as:
β¬ Approval of the Ethereum ETF S1 form
β¬ Trump's support for crypto
β¬ Upcoming rate cuts in the US
Here are some factors to watch for a potential reversal π
β¬ Approval of the Ethereum ETF S1 form
β¬ Trump's support for crypto
β¬ Upcoming rate cuts in the US
Here are some factors to watch for a potential reversal π
β Global Liquidity Index:
Another perspective on assessing the current market phase is through the global liquidity index.
This metric encompasses the assets of major central banks and Fed reserves.
Right now, it appears global liquidity is also in a phase of consolidation.
Another perspective on assessing the current market phase is through the global liquidity index.
This metric encompasses the assets of major central banks and Fed reserves.
Right now, it appears global liquidity is also in a phase of consolidation.
β‘ Stablecoin index:
This metric reflects new funds entering the crypto market.
As we can see, we are far from the levels of previous cycles.
The golden rule is that once liquidity begins to increase, the market will rise accordingly.
This metric reflects new funds entering the crypto market.
As we can see, we are far from the levels of previous cycles.
The golden rule is that once liquidity begins to increase, the market will rise accordingly.
β’ BTC.D index:
The graph shows BTC's market cap dominance as a percentage of the total crypto market cap.
Look, BTC.D has been consolidating between 54% and 57% since April.
Once it dips below this range, we can expect a huge altseason to kick off.
The graph shows BTC's market cap dominance as a percentage of the total crypto market cap.
Look, BTC.D has been consolidating between 54% and 57% since April.
Once it dips below this range, we can expect a huge altseason to kick off.
β£ Volume across all platforms:
The current trading volume is significantly below its peak levels.
Despite Bitcoin's higher price compared to 2021, the volume remains low.
The absence of retail activity is notable, but as soon as it picks up, the market is poised for growth.
The current trading volume is significantly below its peak levels.
Despite Bitcoin's higher price compared to 2021, the volume remains low.
The absence of retail activity is notable, but as soon as it picks up, the market is poised for growth.
To summarize:
I recommend taking this position now and focusing on the following:
1. Considering a secondary job for additional income
2. Researching new narratives and ideas
3. Accumulating undervalued alts
4. Learning new skills
I recommend taking this position now and focusing on the following:
1. Considering a secondary job for additional income
2. Researching new narratives and ideas
3. Accumulating undervalued alts
4. Learning new skills
Because again, accumulating the right positions now can lead to 100x gains in the future.
You'll thank yourself later for taking this step.
By the end of the cycle, you'll be among the winners.
You'll thank yourself later for taking this step.
By the end of the cycle, you'll be among the winners.
Since my account has grown a lot, I canβt share 100x gems in public anymore, so I decided to make my tg channel private.
But you still have a little time to join before I close it for good:
β¬ t.me
But you still have a little time to join before I close it for good:
β¬ t.me
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