good morning,
a small retracement over the last few days has sent 95% of the market into total panic mode.
these are the times to be buying, when others are terrified beyond belief, running for cover.
---
i predict btc is going to enter into a multi-month- parabola once the previous all the high is properly tested. we don't particularly have to tap the previous all time highs, just gotta hold my green box to confirm expansion.
---
often times, extreme fear + miner capitulation create major bottoms, and this time is no different. while retail panic sells their entire bag and exits crypto, there are large entities purchasing everything. don't take my word for it, just see the data yourself 👇
---
gold was in a similar situation not too long ago, i'm sure you remember it yourself. the same kind of feeling you are experiencing today relative to the crypto cycle (structurally speaking). historically, gold runs first, while crypto lags behind it by many months. in all the previous occurrences where gold ran first, crypto ended up outperforming ten fold after.
---
my prediction here is very contrarian during these times, and it could be difficult to believe that this is exactly how it's going to play out, so i'm going to add a few more pieces of evidence to back up my theory.
---
in previous cycles, btc did not top until the business cycle topped 👇
---
in previous cycles, when dxy broke beneath 97, it triggered end of cycle crypto expansions. we are currently testing the last of supply at 97 before the next leg down [in my opinion] 👇
---
i believe this final phase will cause btc dominance to drop rapidly as money aggressively rotates into emerging tech in the alt coin ecosystem. we refer to this occurence as "alt season". not all alt coins will perform equally. focus on emerging tech above all else and don't get shaken out. this is the final test of conviction, and only the strongest hands will make it through this.
---
🎯 = 751k
a small retracement over the last few days has sent 95% of the market into total panic mode.
these are the times to be buying, when others are terrified beyond belief, running for cover.
---
i predict btc is going to enter into a multi-month- parabola once the previous all the high is properly tested. we don't particularly have to tap the previous all time highs, just gotta hold my green box to confirm expansion.
---
often times, extreme fear + miner capitulation create major bottoms, and this time is no different. while retail panic sells their entire bag and exits crypto, there are large entities purchasing everything. don't take my word for it, just see the data yourself 👇
---
gold was in a similar situation not too long ago, i'm sure you remember it yourself. the same kind of feeling you are experiencing today relative to the crypto cycle (structurally speaking). historically, gold runs first, while crypto lags behind it by many months. in all the previous occurrences where gold ran first, crypto ended up outperforming ten fold after.
---
my prediction here is very contrarian during these times, and it could be difficult to believe that this is exactly how it's going to play out, so i'm going to add a few more pieces of evidence to back up my theory.
---
in previous cycles, btc did not top until the business cycle topped 👇
---
in previous cycles, when dxy broke beneath 97, it triggered end of cycle crypto expansions. we are currently testing the last of supply at 97 before the next leg down [in my opinion] 👇
---
i believe this final phase will cause btc dominance to drop rapidly as money aggressively rotates into emerging tech in the alt coin ecosystem. we refer to this occurence as "alt season". not all alt coins will perform equally. focus on emerging tech above all else and don't get shaken out. this is the final test of conviction, and only the strongest hands will make it through this.
---
🎯 = 751k
บันทึก
approaching our buy zone today. let's see if 62k can hold.บันทึก
full count. pm me if you want to see the entire count going back to 2009
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน