Decoding Bitcoin Cycles ₿Understanding these cycles is crucial for traders and investors to make informed decisions and navigate the ever-changing landscape of the crypto market. In this article, we delve into the three main phases of Bitcoin cycles: the Bull Run, the Bear Market, and the Pre-Bull Phase.
Bull Run: 🐂🚀
The Bull Run is a phase characterized by a sustained and significant uptrend in Bitcoin's price. During this phase, the market sentiment is overwhelmingly positive, and investors are eager to buy and hold Bitcoin. Key characteristics of the Bull Run phase include:
Price Surge: Bitcoin's price experiences substantial and rapid growth, often reaching new all-time highs.
FOMO (Fear of Missing Out): Increased media coverage and hype lead to FOMO, with more retail investors entering the market.
Market Exuberance: Positive sentiment fuels a sense of euphoria among market participants, resulting in a buying frenzy.
High Trading Volume: Increased trading activity and high trading volumes are common during Bull Runs.
Altcoin Rally: Alongside Bitcoin, many altcoins also experience price appreciation.
Bear Market: 🐻📉
The Bear Market is the opposite of the Bull Run, characterized by a prolonged period of declining prices and negative market sentiment. Key attributes of the Bear Market phase include:
Price Correction: Bitcoin's price experiences a significant drop, often erasing gains made during the Bull Run.
Pessimism: Negative news and sentiment prevail, leading to fear and caution among investors.
Reduced Trading Activity: Trading volumes decrease as investors become hesitant to enter the market.
Altcoin Weakness: Many altcoins also experience price declines during this phase.
Pre-Bull Phase: 📉🚀
The Pre-Bull Phase marks the transition from the Bear Market to the next Bull Run. It's a period of accumulation and building investor interest. Key characteristics of the Pre-Bull Phase include:
Stabilization: Bitcoin's price stabilizes after the Bear Market, forming a base for the next uptrend.
Accumulation: Savvy investors accumulate Bitcoin at lower prices, anticipating the upcoming Bull Run.
Positive Developments: Positive news, technological advancements, and regulatory clarity may contribute to renewed optimism.
Gradual Recovery: Gradual price recovery from the Bear Market lows, setting the stage for the next uptrend.
Conclusion:
Understanding the distinct phases of Bitcoin cycles – the Bull Run, the Bear Market, and the Pre-Bull Phase – is essential for traders and investors . Recognizing the signs and characteristics of each phase allows you to make strategic decisions, manage risk, and optimize your trading strategies. Remember that the crypto market's volatility and unpredictability necessitate a cautious approach, proper risk management, and a willingness to adapt to changing market conditions.
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Tothemoon!!!
Shib survived to see $0.00008000 or more🤑 Last chance to buyOut of all my other predictions I failed to check one minor detail due to reasons of low likelihood of happening. But after closing today on 8/15/ 2023 I am fully convinced we may see the 4000 mark maybe more the rest of this year.
Sometime in the closing days of August Shib will see a massive jump to anywhere above the 0.00002000 range. It's likely both the timing and the buildup of shibs recent announcements. The amount of resistance Shib has been receiving maybe a sign once that red line reaches that green who to say it won't skyrocket.
It's ready for take off by september 1st and it may not be back to earth until Jan 1st 2024 so don't get left behind shib fans
Analysis: NZD/JPY Trend-Following TradeAnalysis: NZD/JPY Trend-Following Trade
Based on my analysis of the ongoing upward trend and the potential breakout of resistance in NZD/JPY, i have formulated a plan to follow the trend and enter a buy trade. Here is a breakdown of your trade plan:
Currency Pair: NZD/JPY
Entry Price: 88.994
Stop Loss (SL): 86.541
Take Profit (TP): 99.221
Upward Trend and Resistance Breakout:
i have observed a continued upward trend in NZD/JPY, indicating strength in the New Zealand dollar against the Japanese yen. Additionally, i anticipate a potential breakout of a resistance level, suggesting a further bullish move in the currency pair. This trend-following approach aims to capitalize on the upward momentum.
Entry Point (88.994):
my chosen entry point is at 88.994. This entry price should be determined based on technical analysis, such as identifying key support and resistance levels, trend lines, or chart patterns. It is important to ensure that the entry point aligns with the ongoing trend and provides a favorable risk-to-reward ratio.
Stop Loss (86.541):
To manage risk, i have set a stop loss at 86.541. The stop loss level is placed below a significant support level or a point that, if breached, would invalidate the bullish scenario. It acts as a protective measure to limit potential losses in case the trade moves against your expectations.
Take Profit (99.221):
my take profit level is set at 99.221. This level represents your target for closing the trade and taking profits. It should be determined based on resistance levels, Fibonacci extensions, or other technical indicators that suggest potential areas where the price might encounter selling pressure or reach a significant target.
Please note that market conditions can change rapidly, and it is important to continuously monitor price action and adjust your trade management accordingly. Additionally, consider fundamental factors, economic data, and geopolitical events that may impact the NZD/JPY pair.
Remember to conduct your own comprehensive analysis and use proper risk management strategies to protect your trading capital. Following a well-defined trading plan and maintaining discipline are key elements of successful trading in the financial markets.
Near top top 🌳🌪️The technical analysis currently reveals a promising bullish trend in the NEAR market. The price is approaching a long-term simple moving average (SMA) and demonstrates a strong bounce. This positive momentum could lead to the appearance of "golden crosses", where a short-term SMA crosses above a longer-term SMA (another strong line). These technical signals bolster optimism for the continuation of the ongoing upward trend in NEAR.
On some day, it will jump
DOGE to the MOON or just a Fantasy Hey there fellow traders! Can you believe it? I was playing around with the Fibonacci tool on my chart, and even though it might not be applied perfectly, it somehow makes perfect sense and reflects the levels just right!
My theory is that the last time Doge was pumped, it was so artificially driven that it actually reached a mind-blowing level of 3.618 without facing any significant resistance. Crazy, right?
So, I decided to take 0.20, a nice and round number that has served as both resistance and support multiple times, as our level 1. And guess what? The picture it paints is pretty exciting!
Based on the fundamental background and the momentum of Doge, I have a strong hunch that it might just reach 0.30 in the near future. Go, go ELON! Let's see how this wild ride unfolds! 🚀🌕💰📈📉🐶🤑 #ToTheMoon #DogeArmy #TradingIdeas #FunWithFibonacci 📊📈😄🐕🚀🌕💰📉🤑🚀🌕💰📊📈🐶😄🤑📉📊🚀🌕💰📈🐕🤑😄🚀📉📈🚀🐶💰🤑🌕📊📉😄🐕💰🚀📈🤑🌕🚀📉🐶😄📊💰📈🚀🐕🤑🌕📉📊📈🚀💰😄🐶🚀📈📉💰📊🐕🤑🌕😄🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Altseason. When and will it be?At the moment the situation is that bitcoin is growing stronger than most altcoins with some exceptions. Well, most altcoins, after rising at the beginning of the year, have slowed down and corrected or are standing sideways, and many are wondering when the alt-season will start? And what is more profitable to continue to sit in alts or bitcoin?
What is even called the alt-season? It is accepted to consider the alt-season to be the period, when 75% of altcoins from TOP 50 show better performance than bitcoins during 90 days. But I want to know beforehand, that the alt-season starts and to prepare to it in any way, not just the fact that we are in the alt-season.
You can find a lot of sites on the internet with charts showing how close/far the market is from the alts season.
I also want to show you a few metrics that you can monitor on your own and make appropriate decisions.
1. Bitcoin BTC dominance graph .D shows market capitalization of the main cryptocurrency to the total market capitalization of bitcoin + altcoins. Theoretically, the lower the domination, the better for altcoins, because money flows into altcoins, but you should take into account that the number of altcoins grows and so does their capitalization. And also altcoins include stablcoins like USDT, BUSD, USDC and if the dominance is falling, it may be connected with the overflow of resources to stablcoins.
At the moment the dominance of BTC is growing and we are approaching the upper border of the sidewall, where we will have to see if the dominance will break the upper border or not. If the consolidation breaks up, bitcoin will again show better dynamics than most altcoins.
2. The dominance of USDT.D and USDC.D today are the most popular stablenecoins, a decrease in their dominance means a transfer of money to other assets such as crypto or withdrawal to traditional (fiat) assets. At the moment we see a downtrend in the USDT at 7%, and a consolidation, which if broken down could lead to a dominance around 6% or even lower.
2. The dominance of USDT.D and USDC.D today are the most popular stablenecoins, a decrease in their dominance means a transfer of money to other assets such as crypto or withdrawal to traditional (fiat) assets. At the moment we see a downtrend in the USDT at 7%, and a consolidation, which if broken down could lead to a dominance around 6% or even lower.
The USDC is also in a downtrend around 3% and the precipitous drop in dominance is due to the recent loss of the USDC/USD peg, and there is no halt in this trend yet.
Other stabelcoins have lower capitalization and their impact on the altcoin market is difficult to assess.
3. ETH/BTC trading pair
Unpopular pair, but essentially you can evaluate how much the ether infrastructure grows as when new ERC20 tokens are printed and when their price grows, ETH is bought and held.
We see a downtrend and the approach to the important zone 0.06 should be watched for its breakdown, as well as the downtrend, breakdown of which can start a local uptrend and respectively the growth of other tokens on ether.
4. Market sentiment.
All cryptocurrencies are considered by traditional investors to be risky assets, just like stocks, and altcoins even more so. Therefore, it should be understood that the growth of these instruments falls in the period when the market's appetite for risk increases. One can track the VIX - volatility index SP500 as a rule, a bullish cycle at the stock market occurs when the VIX index is below 20, but when the index is higher or rises, the investors expect higher volatility and prefer the protective assets. The last bull cycle in the stock market coincides with the alt-season, so this index can be used for your analysis.
And also to the powerful factors increasing the risk of investors, is the U.S. Federal Reserve policy, namely adds money to the U.S. economy or takes away by the Fed through QE / QT, as well as raising / lowering the base interest rate. With the latest developments in the U.S. banking industry, the Fed has increased its balance sheet by more than 300 billion, and many are talking that the last rate hike of 0.25% was the last one.
5. Google trends.
The level of retailer involvement in the market, also signals to us the beginning of the altseason, when new participants come to the market and buy up everything, for example I took the search queries altseason and cryptocurrency, but you can take any of them at your discretion and monitor the changes in the trend of queries.
trends.google.com
trends.google.com
Conclusions
As seen, one indicator hasn't been invented yet and we have to monitor different information sources, at the same time getting something new, but it may give good results as early entrance points and general market mood. It is important to understand which way to trade, isn't it?
In my opinion, a full-fledged alt-season should be expected in the second half of 2023, starting in September.
Support for the author subscribe ✅ and start rocket 🚀.
Good luck and profit to all.
AMC bounce. looking to retest shorting lines 4.47 and 5.52$AMC this baby hasn't had this kind of volume since last summer. spring is here. recession is here. potential squeezer.
Market is very volatile right now. If the QQQ is up, this is a favorable trade in my option. If it is not, this trade remains a short for me. QQQ has a lot of room to go down right now march 3/23 at night. If AMC doesnt break down, consider this one on your list for when the QQQ Nasdaq, on which it is listed; bounces +++//// and or when the SPY bounces.
Silver To skyrocketHey Guys,
Banks are realizing bonds arent the safety they thought and need to diversify has shown in a big way with the yields decline, metals bulling and DXY rising. I expect silver to possibly have another leg down with any major panic we might have but once we are past the panic gold and silver will bull just like 2009-2012 and the 80s. Above is the larger picture of silver targets to keep in mind.
Best entry point? Key support tested! 27.02.23What happens when a "falling wedge" pattern meets a long-term support line and they both bump into a potential Elon Musk takeover by Twitter?
"Falling wedge" is a bullish reversal pattern. 0.85 is key resistance to pass for breakout up, confirming much further upside above.
Support line goes back to October 2022 and confirms higher lows.
Dogecoin is a POW coin (proof of work) and is mined similar to Bitcoin, no pulling the rug here.
Dirt cheap, great upside, exciting stuff.
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I encourage you to do your own research and practice caution when trading, especially leveraged products.
Thank you for reading! Any comment to help me improve my content would be highly appreciated.
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LINK Hello, this is a swinger trader STUKOVA!
On the 6H timeframe we can see a nice up trend. I expect to see the 4th touch of the trend line on my personal red indicator + EMA and then I can decide if I enter a pullback or if I wait to see a breakout. I trade with the trend lines so for me it's crucial to see the real trend and to enter a trade as early as possible!
Where is BTC headed following the latest pump? (Part 2)As you will see, as of now, we bounced back from the first pullback and we are now on track to (hopefully) achieve TP2 ($23,512) and eventually TP3 ($23,952).
Nevertheless, the latest move down to $22,595 (and consequent reversal) has unfolded further key support and resistance zones within the original fibonacci retracement.
The good news is that Bitcoin price has already retraced to the fibonacci gold zone and now is in uptrend, suggesting further target prices for those of you that haven't had a chance to enter this long yet.
Further trades within a shorter time frame (perhaps 5m)
Fibonacci gold zone: between $22,950 and $22,858
Enter around $23,042
TP 1= $23,340
TP 2= $23,512
TP 3= $23,637
TP 4= $23,821
TP 5= $23,951
SL= $22,561
SHIBAINU UPSIDE POTENTIALSHIBUSDT has put price over HTF Resistance. These huge price moves show that their is great buyer sentiment. Price has not broken any structures that would put it in a downtrent. Better yet peice is currently making a pull back on the H4 chart. Should it go into the demand zone. i would use that and the fibonacci with confluence from confirmation candles to take a position on the long side of this trade.