#Altcoins
$BTC.D is in a bearish backtest.
It previously broke out of an ascending broadening wedge that had been forming for more than 2 years.
Bullish for Altcoins. Very bullish‼️
Back in 2021, altseason started after a $BTC 20% drop!
If history repeats the biggest altseason ever will start in 7 days...
$100 in the right alts will be $100k in 2025
Here are 10 low caps with the highest upside for 2025🧵👇
🚨 Important - #Dogecoin Wyckoff Logic Analysis
We're riding the "Mark Up" phase now!!
✍️ Here's what you need to know:
The Wyckoff market cycle (Wyckoff Logic) reflects Wyckoff's theory of what drives the price movement.
The four phases of the market cycle are:
1. Accumulation (cause)
2. Mark Up (effect) 📈
3. Distribution (cause)
4. Mark Down (effect) 📉
The $Doge chart below illustrates the "Jump The Creek" structure, highlighting the Breakout and Retest. It signals a sign of strength (SOS) and indicates both short-term profit-taking and a test for additional supply near the resistance area (the upper blue line in the Accumulation phase).
As we know, this "Jump The Creek" structure is a common structural element preceding a significant price increase, that could lead to Mark Up phase in this case.
🔥🔥 Currently, $Doge has completed the first wave of the Mark Up phase. Price appreciation is expected to intensify towards the end of this phase, culminating in a "Blow-Off Top🚀"—a chart pattern characterized by a rapid, steep price increase.
Distribution and Mark Down phases will then follow, completing the cycle.
#BTC
Bitcoin is on the cusp of ending its Downtrend dating back to mid-March 2024
Weekly Close above the diagonal would likely confirm the breakout
$BTC #Crypto#Bitcoin