ProR35

ProR35

Bitcoin is in a tricky place right now. The fear and greed index has cooled off massively and now sits at a neutral score of 55. General sentiment is very poor and after nearly 2 months of sideways action traders/investors are getting restless especially after the promise of price rally post-halving, but is there any positive news? The chart is pretty clear, HTF...

ProR35

One of my favourite altcoins for a number of reasons is DELYSIUM. An AI-powered open world framework project, the first web3 operating system that has seen incredible gains in the last year, up 467% YTD. The AI narrative is a very strong one, perhaps the most likely to succeed in this Bullrun and so choosing the right projects to back over the next 12-18 months...

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With the rise of Artificial Intelligence , many projects are looking to capitalise on the massive potential that AI promises. One of those projects is RENDER , the first decentralized GPU rendering platform launched in 2017, the Render network is built to provide a platform for a wide array of computation tasks - from basic rendering to artificial...

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CPI YoY: PREVIOUS: 3.2% FORECAST: 3.4% ACTUAL: ??? BTC going into CPI today is sat exactly at the '21 ATH. With the forecast prediction an increase of 0.2% this increase should be priced in by now. Usually we have a gradual rally up until the announcement, then the initial direction of the move is the wrong move with the true direction coming after. That's...

ProR35

Last weeks high: $64,741.58 Last weeks low: $56,573.01 Midpoint: $60,657.29 As April comes to a close, BTC post it's first red candle on the monthly for the first time since August of last year, that's exactly 7 months of green candles until now. From a TA standpoint it comes as no surprise, BTC hit and surpassed the previous ATH, it was clear we would meet...

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On the weekly timeframe these are my potential price paths leading up to and beyond the all important halving. Using the volume profile indicator, it's possible to see where the highest volume areas are during the way down from the 69k all time high. These areas are where price will usually reach congestion where large orders are being defend and or added to in...

ProR35

Last weeks high: $67244.99 Last weeks low: $62406.59 Midpoint: $64825.79 As Bitcoin continues it's multi-week sideways chop , there really isn't a great deal to talk about in terms of price action other than it's extremely boring and potentially dangerous. I say dangerous because it's this kind of chop that separates the impatient and the patient. Trading...

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Last weeks high: $66857.53 Last weeks low: $63230.46 Midpoint: $59603.38 The 4th Bitcoin Halving is now complete , the block reward has been cut from 6.25BTC to 3.125BTC . The reduction in reward creates a supply shock that changes the the tokenomics drastically. We now have a situation were miners revenue effectively halves overnight , despite this miners...

ProR35

In this series I will be breaking down and analysing projects that are <$100m in market capitalisation (at time of post). - PROJECT OVERVIEW Dimitra Incorporated is a global Agtech company with a mission to help smallholder farmers across the world. Operating on the Ethereum blockchain, the name derives from Demeter, the Greek Goddess of the harvest and...

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Last weeks high: $72799.81 Last weeks low: $66731.50 Midpoint: $60663.19 BTC HALVING WEEK! A lot happened last week in the world of crypto, We saw our first prolonged sell off that led to BTC losing the 4H 200EMA support line, and reaching a weekly low of $60,600 . What caused this drop? In my opinion and it's easy to say in hindsight, it's been a long...

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SOLANA has been one of the best performing large caps this year. A strong L1 project that has an ATH of $260 from the previous Bullrun that has made a huge rally off the lows. My pessimistic side is worried that the rally has been exhausted, we've reached HTF RESISTANCE as well as a STRONG BEARISH DIVERGENCE. There is a strong case to be made that using TA this...

ProR35 Updated 

This post is an idea I had about predicting this Bullrun cycle top using the previous cycles pattern. The general rule of the pattern is: - Bullcycle last 1065 days - Bear cycle lasts 365 days Knowing this we can predict that the end of the Bullrun will be... OCTOBER 2025. Meaning we have 670 days remaining. Estimating the peak price of BTC is a bit more...

ProR35 Updated 

BITCOIN is back at the 4H 200 EMA . The chart shows how since BTC flipped bullish above both the 50 & 200 4H EMA's , the moving averages have provided support when aggressively trending in the case of the 50 EMA (bounced twice). When BTC has a pullback/ranges we see that the 4H EMA provides support (bounced 4 times). For the BTC rally to continue in the mid...

ProR35 Updated 

After a big flash crash during Friday seeing BTC once again test the 4H 200EMA support, the altcoin market took a much bigger hit that we've seen for some time. In these times it's always good to see how projects react to these market conditions. A strong reaction at key areas after a big pullback can show that there are big players willing to add to or make new...

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Last weeks high: $71365.43 Last weeks low: $67932.12 Midpoint: $64498.81 Trading can be a very complex and difficult profession to be profitable, however it can often be made more simple. The 4H 200EMA can be used to indicate the direction of the market, for 2 months now BTC has reliably been bouncing off the 4H 200EMA making it great support and an ideal...

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Last weeks high: $71771.20 Last weeks low: $69088.87 Midpoint: $66406.55 Q2 BEGINS! BTC saw a 91.35% increase from yearly open and closed out Q1 at ~71K . A very strong first quarter on the lead up to The Halving now less than 20 days away we have only a few more weeks to get set for the event which historically brings new highs after. Now that we have...

ProR35 Updated 

Last weeks high: $68975.9 Last weeks low: $64863.9 Midpoint: $60752.0 Our first major pullback took place last week as BTC saw a weekly low of $60,752 , and notably the weekly high didn't manage to top the previous cycles ATH at 69K which does indicate a HTF Bearish Swing Fail Pattern. The 4H 200EMA providing support on multiple occasions and keeping the ...

ProR35

Last weeks high: $73775.8 Last weeks low: $69170.3 Midpoint: $64564.9 After making consecutive new ATH's Bitcoin has now experienced it's first prolonged pullback. Before these last few days we saw each dip as more of a leverage flush with a near instant V-shaped recovery. This however is more of a traditional pullback, the main level of note is the previous...