CryptoBullet#Bitcoin 1M Big Picture This cycle doesnβt look like the 2017 or 2021 cycle. IMO itβs more like 2013 and Stoch RSI confirms it π This cycle Stoch RSI peaked in March and during this 6-Month Consolidation in Wave 4 the Stoch RSI went lower than in 2016-2017β¦
#Bitcoin 1M Big Picture update
'Lower High on Stoch RSI and a Higher High on price' β ππ
What if this was really the cycle top for #BTC? π€ Anyway, regardless of that, #Altseason is inevitable
CryptoBullet#BTC 1D update As I expected, #BTC tested the MA200 for the third time. With each test the support gets weaker & weaker. If MA200 gives up (which is now likely) weβll have to touch the yearly MA (MA365) before any relief rally π Thereβs only one Key Levelβ¦
#BTC 1D update
Almost reached the MA365. Now trying to regain the MA200 π
Last month $BTC Dominance printed the 3rd Consecutive TD-9 Sell! I always pay attention to those 9's, especially when there's a series of 9's and they're facing the dotted horizontal Resistance
I believe $BTC.D is topping out and will inevitably go down π
The fact that $BTC.D is still hovering around the Cycle Top is really weird & surprising.
By now $BTC Dominance should have already been falling π I don't know what can be the trigger but it will happen for sure. A cycle without an #Altseason canβt be completeβοΈ
Another thing is that we're running out of time. I really doubt that this bull cycle will extend into the next year 2026 (although anything is possible). So we basically have like 7-8 months to have an Altseason. We're damn close but we need a trigger.
Please, donβt panic. Hold your spot and donβt let them force you to sell. I know itβs really tough right now but we only have to pay attention to one thing - BTC Dominance. If $BTC.D were at 40-45%, I would say it's over. But $BTC.D is literally at the cycle top! We still have a very good chance of #Altseason
CryptoBullet#Bitcoin 2-Year Outlook update So we hit my Wave 5 Target $95-100k β π Is this the cycle top? Probably not. Next target zone where Iβm planning to sell the rest of my spot is $120-130k (if we get there). Why am I selling here? Because when an asset hitsβ¦
#Bitcoin 2-Year Outlook update
Well, looks like I nailed the top
Forget about buying spot #BTC for the next 15-20 Months π ββοΈ
_ If #BTC somehow makes a new ATH, I will gladly sell my remaining spot #BTC (free coins)
CryptoBulletNice bounce! MA200 did its job again πͺ But I don't think we're out of the woods yet. IMO we're gonna test it one more time
#BTC 1D update
As I expected, #BTC tested the MA200 for the third time. With each test the support gets weaker & weaker. If MA200 gives up (which is now likely) weβll have to touch the yearly MA (MA365) before any relief rally π
Thereβs only one Key Level to regain - $95k π As long as #BTC is trading below it - bulls are in trouble
I think $USDT.D is getting rejected here by MA200 for the second time and in the next few months it will sweep the Dec low π
Itβs printing a massive Falling Wedge so I believe #USDT.D is gonna have another wave down to the Wedge Support ( should be bullish for #BTC and #Alts )
CryptoBullet$DXY (U.S. Dollar Index) 1W chart Bearish $DXY is one of the reasons why Iβm still generally bullish on other markets B wave of the giant ABC is done imo. Now itβs time to drop the dollar π π― Target - 95
Biggest red weekly candle on $DXY since November 2022! π