Based on the current data I have in my mind, considering dxy, rate cut delay, market sentiment, over heated bitcoin valuation, etc. bitcoin is likely going to have a bigger correction on weekly timeframe (52k-55k) or monthly timeframe (42-48k)
bitcoin is forming a rising wedge pattern on weekly. expecting it pump to around 54-58k into halving before a bigger retracement. From the halving dip that around 42-48k, we will resume full bull market into 120-200k. good time ahead. This will be the last bull market to make life changing profit.
Here is my prediction for eth bull run. eth will first dip below 1800 to flush everyone out. On the second of the year, eth will be have its shine time again. It will be topped around 10-14k for this cycle
Contrary to what most people think, INJ distribution has been going on for more than 4-5 months. Most people have been tricked to believe INJ has more upside limits. But from my experience, this is going to dump really really hard, at least 50%+ downside versus bitcoin in coming months
based on the chart pattern, I suspect that bitcoin is going to have a big dump in the coming weeks.
rndr shows 3d H&S pattern, be careful out there. It could dump 30-50% from the current price
qnt is an easy short here. at least 40% down versus bitcoin. Enjoy the bear market
eth has been in distribution for almost a year, target 1k within 12 months
sol is on its way down back to 20-30 in this year. hope everyone took the profit already.
luna finally topped, 90% decline is expected in btc value
With bullish divergence on 12h, and bullish cross, i think the chance of breaking out is very high
oxt private sale token almost fully diluted, but the price still keeps climbing, which is quite a bullish sign. its one of the tokens on coinbase that has yet to see melt face pump. i think at least 50-100% gains in soon
chainlink btc pair has been suffered a lot since the beginning of the bitcoin bull market, it continues the downtrend in btc pair. however, some on chain analysis find out that the amount of chainlink token has been noticeably declined in the exchange reserve, which might be an indication of accumulation from big players. lets see if this bottom pattern play out.
While i believe btc is already in the early phase of a new bull cycle. eos is still a complete trash, it has not finished the downside risk in terms of btc value.
expect a daily correction from here (lots of alts have already done 5-10x, so some profit taking from this level while btc is still in the accumulation zone), then resume the bull run. Im not going to short here, i would rather add my spot position and low leverage longs if we get a daily pull back
most alts are still in a multiple year downtrend...any rally of these coins are for short or sell opportunity. trx could see another 80% down in next few years.
bitcoin is building a base for a massive explode up, whale is accumulating. Fundamental data looks too bullish
matic is painting some strange price action , expect some news coming out once btc settle down, some alts will start rally, including matic... the price of matic is maintaining in a small range, while most ieo coins are being dumped like crazy. buy the range low, set soft stop loss below range low