Looks like something major happens here in the next two weeks. There's a possibility that someone takes a big bet in the other direction though, like on June 21st. Last chance though - something big happens either way.
Market cap dominance is consolidating around 2% but should break upward out of its descending wedge. Looking for a strong move back to the 30% area. This could transpire because of a collapse in the current value of $BTCUSD and/or $ETHUSD due to regular market cycles or regulatory measures that may disincentivize accumulation. The simultaneous emergence of major...
Transformational change in our infrastructure is coming. Energy storage, transfer, and usage will drive this trend. The Russell is primed to make its next push up to the 2.618 extension around 3,000. Looks like September is going to be the ramp up. I hold several names added in the reconstitution.
Every time we've touched and broken the 50MA on the weekly, we've collapsed onto the 200MA. I don't believe this time will be any different. Maintaining a $20K buy target for Bitcoin. I believe that, long-term, dominance will fall to below 20% of the total crypto market cap as underlying CBDC bridge assets absorb volume.
Daily shows price action resting on ichimoku cloud and compression underneath a curling 50MA. Expecting a touch around $16 and a bullish continuation as we head into production. Price discovery beyond October. Future blue chip in the making.
If you favor the democratization of finance, agile monetary policy, interoperability of CBDC's and the sovereignty of nations, XRP is a no-brainer. Ledgers beyond the reach of government inhibit meaningful domestic and international policy which is why well-regulated institutional DCL's are the solution. My money is on XRP.
I'm waiting for this fractal to play...
Hey there. I believe we're working on sub-wave C of this holding pattern. Will need to complete horizontal pattern before we hit wave 5. Don't let the bears scare you. Would love to hear opinions to the contrary.