B0git | Hourglass WAIT

@Wolfquant Hey Mr Wolf, still thinking Near memes will run before March exit date?

@IamZeroIka Hey Ika, when we look at marketcap dominance is this in relation to BTC. Or the market overall? When you say dropping below 3,8% is that good for alts or bad?

The USDT D. concept mentioned in this post visualized for all the people who were asking about giving "context" on the chart. Ultra detailed, so it will be hard to make mistakes watching at this.

@IamCryptoWolf Why does it need to go that low? Most of the liquidity is just sitting at $89/$90k really

I see a lot of people waiting for the neckline to break and then shorting it to 70k. But here’s the twist, it’ll sweep the lows, trapping those shorts. My reversal target is 87-88k, and that’s where the real trap begins.

@real2023Oz @IamZeroIka @TraderDune No body closure below protective stop loss so no break of structure or break of that support level. No body closure below stop loss area and potentially the previous high of bar or top of candle I believe could be used to reload shorts

@IamZeroIka @TraderDune WTF does that mean?

If we get a relief rally, I'm looking to short these. Any HTF HOBs I'll be swing shorting with wide SLs & only taking longs off key liquidity (semi/optimal). It's easy invalidation imo, if we bottom then we should rip through these HOBs for 2x hidden long opportunities, if not we take the liquidity for the ⚡️ move down. Only taking the shorts after confirmation.

@Wolfquant We would need to hold 840B to remain in alt season right?

I said bottom between 900B-800B, I was right. So far $LPT did +95% $TAO did +45% $NEAR +38% etc. All from given entries. Now we have the most bearish catalysts possible in a bullmarket: US gov selling + bird flu (covid 2020 all over again). While #TOTAL3 looks like the chart below. No better time for me to hold on to my altszn thesis and bet against the crowd. I can give you the bottom, but it’s up to you when you decide to take profit. If you make life changing gains in the coming months, change your life anon.

I’M LOADING UP HEAVILY ON ALTS AGAIN After humbly selling 90% of my portfolio and being vocally bearish at the market top, I now bulieve alts will soon print a massive mid-cycle bottom. I’ll be putting 30% of my capital back in the green box of #TOTAL3 (900B-800B) which brings my portfolio back to 50% alts/50% stablecoins. (10% already back in) Targetting 1.3B+ where I’ll finally fully exit this cycle. It’s worth mentioning that alts don’t start outperforming $BTC before the second part of the bullcycle, which is what I’m betting on. Some alts that make part of my spot portfolio are: $TAO $410 $NEAR $4.7 $QNT $100 $ARKM $1.3 $ROSE $0.077 $LPT $11.5 $AR $15.5

@Rogue_icp Thank you Rogue you are the man. What a sacrifice you made for us haha

@DusfinLas @Wolfquant Because it’s a bigger market cap now so needs a lot more money to move the market. Gotta bring the targets down compared to last cycle

@Wolfquant Why only 40% up that the Precious ath ?

Bears retesting their Mc Donalds applications Short-term target remains $900+ $TAO

@PartTimeCharts Oh yeah that makes sense! Like when you draw horizontal support or resistance. Most of the time it’s an area of key support rather than a direct price line. Is there a box trend line tool that would work for this or just be subjective to what fits the line?

@B0git Ha. It's cool. Just that so many people reply with the same comment. The truth is, trendlines are more art than science. You're trying to find areas of support / resistance - sometimes it'll be a wick, sometimes a body. There's an element of subjectivity involved.

🧵 on the bigger picture 1/ As 2024 draws to a close, here is a series of predictions for what next year (and beyond) could hold for markets. I've posted many of these charts before, but keen to step back from LTFs and focus on the bigger picture. Let's start with $BTC...

@PartTimeCharts Sorry might be unwanted feedback :)

@B0git 🥱

@Qapitalizt @Max1milianPrice Totally agree. All bearish influencers are regurgitating each others opinions and most of them are comparing our current chart to the one in 2017. Big difference :)

This whole pump from 70k will be retraced by the middle of jan

@Trader_XO Everyone’s now bearish and calling for $74k. You all follow each others opinions. Why are you trying to compare current state to a market date over 7 years ago?

Bitcoin falling Eth and EthBtc getting bid Bitcoin Dominance falling I explained how to watch out for this scenario on last nights stream. Throwback to Dec 2017 Bitcoin dropped 40-50% from Dec 17th as did many alts. Bitcoin stabilised for several weeks and alts took off into Jan 2018 I fully recall Neo rallying from $30 to $180 inside of 4 weeks Lets see The dynamics are different this time around - dispersion etc but hopefully a window of opportunity playing altcoin momentum - not a market wide alt season… Selective bets

@THEFLASHTRADING I think 74k is a bit far. . Entry into that channel was 88k so probably bounce there

#Bitcoin $Btc Textbook so far 👍

@Wolfquant What’s your thoughts Wolf?

@crypto_birb What about inauguration? Short term dip then continue

I was right about #Bitcoin. Called end of bear in Jan 2023, but no one listened. Confirmed start of bull run, but they called me idiot. Now, bull is 80% complete. Hope you'll listen this time. Big things are coming. Dec 27 - save the date.

@Wolfquant Just started looking into your alt bag. Time to stop being ignorant and learn from you. You said $94k would be bottom for BtC before retracement higher, (as long as macro trend holds) however wave theory brings us to 88k. Thoughts on that Wolf?

$LPT Strongest bouncer of our AI stack +44% from bottom so far Lots of distribution going on today from spot to perps traders so be careful chasing Targetting blue box to dump my humble bags $32-$44, will update if anything changes

@TheRealD0c Oh I’m buying Doc, I’ve just been waiting for this redistribution to finish which will at 88k in a week or so then all in :)

Imagine not buying for $7, while $70 is almost guaranteed. $RENDER

@IamZeroIka This is SO good Zero. You nailed it. Would the 86k/90k coincide with the a,b,c Elliot wave retracememt we are currently undergoing? From your experience can reversals happen before an inauguration or is there to much unease before this time?

BTC1! updated and documented: Price hit a 108.960$ high on CME, only 40$ away from the 109K level shared in August, reacting exceptionally and correcting a -15%. It's still early to determine if this is the macro top or not, but if we switch to LTFs we can observe potential signs of distribution after a bearish 3 drives, the one that has led to the recent correction. In the coming weeks, depending on the ability from the price to not create a macro BOS ruining the structure, we may see the formation of the UTAD typical of the classic Wyckoff distribution scheme, likely deviating above the range and sending BTC toward 115/120K. If this happens, once at new highs, the price should stay above the resistance for days or weeks attracting a new wave of buyers convinced that BTC is primed to skyrocket. After a series of tests, price should sink back below the prior peak heading back to the support and becoming persistently weaker, confirming the downtrend. This scenario would imply another test of the USDT D at 3.80% that, after a proper mitigation, should not hold pushing it to the 3.30% where we have the untested multi-day OB. This is the best outcome we can see and the one that can provide a solid exit strategy + some ideal good short setups. Of course, once again, this is not the time to buy or hold Bitcoin but to take profits If you didn't before and monitor the situation step by step.

BTC macro plan and considerations. Leaving it here for the future, as potential proof of a good analysis or potential proof as a failure. Post will be updated step by step.

@IamZeroIka Thank you so much Zero. I’ve always been sceptical of TA from random people but you have my 100% full attention now after providing solid evidence for weeks now

- Christmas Market Update (Bloody Santa Version) 🎅🩸- Despair, fear, sadness... not exactly the typical emotions of a classic Christmas, are they? Time for a mega "clarification" market update freshly offered, hope you'll enjoy it. (and that will calm your nerves) The collapse we saw was nothing but something already anticipated at the beginning of August where I shared the most interesting levels to pay attention at: x.com/IamZeroIka/sta… While the majority of people were bull-posting at the highs because of the "ETFs" or similar stories intended to make you FOMO, I was suggesting to proceed with caution because, together with the targets shared, AMT was pending as a Damocle's sword on the market's head: x.com/IamZeroIka/sta… I also shared something extremely interesting in my channel, a fantastic short opportunity at 108.200 where I had the confluence coming from the -0.5 & the 1.454 Fib levels, in order to provide you more "sauce": x.com/IamZeroIka/sta… But let's now proceed with the real dish. (Covering altcoins, you know what I think about Bitcoin overall) - TOTAL 2 - In the last TOTAL 2 update we were seeing the capitalization hitting a multi 20H TF HOB suggesting to pay "semi-careful" because it could have provided a rejection targeting the 1.33T where we had the multi-week supply turned into a BB: x.com/IamZeroIka/sta… As you can see from this updated chart, the price has taken out the level dipping at 1.22T but we didn't have any HTF closure below this zone which is the crucial and essential part. When such key levels get hit we have 2 potential outcomes: - They provide an immediate powerful reaction - They continue to "melt" liquidating positions just to provide a false sense so retails panic sell their positions nourishing the necessary liquidity for pushing the prices more And is the second option that I'm taking into consideration as long as we don't close HTF below 1.22T that would likely mean ruining the whole structure and compromising further bullish impulse. Now in my opinion the previous HOB is no longer valid (apart from the 20H that could provide a LTF rejection -> BB) so keep your eyes open on the 1.64T and on the previous ATH at 1.71T (previous highs are always "careful levels") - BTC D- Many people have been pretty much "concerned" about the last BTC D. upside, but if I watch it from an analytical standpoint, nothing has changed. We tapped into a 3D PHOB that matches the 70.50% Fib and wicked into my favorite "retracement box" (70.50% + 78.60% + 88.60%) so technically speaking this is a bearish retest. I would start to be concerned exclusively if we close HTF above 61.53% but this isn't my primary case given all the considerations made in the past. It's also absolutely interesting to notice the multiple confluences provided. When BTC D hits this level, ETH touched both HTF liquidity areas shared here: x.com/IamZeroIka/sta… and also TOTAL 2 hit the BB, very curious, isn't it? - USDT D - Last but not least, the USDT D. The metric has taken out the bearish liquidity at 4.20% (the one that ignited the pump till 108K) and then reversed back from 3.80%, as proof of the strength of the level. My eyes after that touch were primarily on the 4.40% where we had that 6H OB + 0.618 & 0.5 Fib as main confluence for a potential reversal and while we have wicked above at the moment (4.61%) the important is to not close HTF above 4.52% in order to avoid a huge pick of liquidity into the 5D LB at 4.80%. Not my main case at the moment. Below we still have that 3.80% but we have already mitigated it multiple times contributing to make it weaker so if we will see new highs, that level will be broken, sending the USDT D at 3.30% (multi-day OB) and where we will see a powerful correction once again, likely. - Final conclusion - As I was bearish before, I'm trusting my plan and I'm accumulating + opening some longs on interesting altcoins that have reached their HTF liquidity levels. To me, this is a shakeout in order to absorb the necessary liquidity before another push and I will treat it as such until proven otherwise. Of course, I don't have the crystal ball and I will always re-adjust if something changes, but as posted yesterday, Kendrick Lamar might be right saying: "Now or Never". Oh, and if you like my posts don't forget to press the repost and like buttons, they mean a lot for supporting my work. Happy "Bloody Christmas" by SM. Happy "Shopping" if you trust your plan.

@Wolfquant What level you thinking we bounce from? Dominance going to keep climbing till Jan

<100Ks coming to an exchange near you Kind regards $BTC