
Whale Thoughts
4.9K posts

Whale Thoughts
@LZRTrader
We live one life. Make it one worth living. Charts and analysis.





BTC.D (Bitcoin-dominance) I know not many touching the BTC.D chart. It's a hot potato.... Lets see how high we go here.... Let it go higher, no problem - It will drop from higher very very hard


From a technical perspective, $BTC has probably topped Those technical metrics have successfully signaled a cycle top on Bitcoin for the past few cycles, honestly speaking. My main concern here is that none of the Onchain metrics cycle peak indicators have flashed on as they did in the previous cycles. Will #Altseason occur in this scenario? Yes, it will if you study the previous cycles whenever Bitcoin tops. Hence, the $BTC pump here will be seen as a fuel for Altseason IMO. Bitcoin dominance is even looking weak from the macro chart (check my recent post on this).



BREAKING: Our traders forecast Bitcoin will hit $75,000 this month


Also note the 3d RSI.



























