Z³us

#Bitcoin - the bigger picture. Bitcoin is still trading at the average of the 8-year ascending channel. Long-legged RSI has also not reached the target zone. My personal opinion: Sideways for a couple of weeks and then we go UP.

My take on the current situation: Yes, Bitcoin broke the trendline. Yes, Bitcoin may stay under pressure for a couple of months. Yes, we may retrace deeper. No, I don't think that this is the beginning of a crypto winter like we witnessed in 2018 and 2022. Blackrock and others will not send their new toy under water.

Funny how so many “experts” are suddenly calling for a BEAR MARKET. Leverage wiped. Liquidity cleared. Weak hands capitulated. This is exactly when MASSIVE RALLIES are born. All signs to me point to a new $ETH ATH in the coming weeks.

@StockmoneyL Excellent thread, thanks for your analysis. This was indeed a hell of a ride.

🚨 Emergency Update #Bitcoin & #Altcoins Crypto just saw one of the largest single-day liquidation events in history. Some coins tanked 70% and more within 5 minutes. What happened and what comes next? Let’s unpack it 🧵

#Bitcoin Bear market fears spark once again - and I admit, there’s something to it. BUT: It's not the time yet. I’ve been digging into the mid-term outlook for BTC, and yes, I agree, there are some signs of weakness in the charts. E.g. that 14-day RSI is declining, forming a divergence. However: this is something we’ve seen pop up through past bull markets, so it’s not a full alarm bell yet. On-chain metrics aren’t shouting “top” either; big addresses are still piling in, not cashing out. M2 money supply is increasing, interest rates are going to be lowered. So, in conclusion, I see another leg up coming in Q4, as well as a rally for some alts. But down the line, BTC might be prepping for a longer correction (you may also call it bear market but this one will be different than previous ones). My revised target zone for end of the year would be somewhere between 160k to 185k (a solid 65% climb from where we’re at now).

#Altcoins ETH is rallying. Other alts and BTC pump as well. But there will be a time when some <1Bn Alts make 50% daily candles. Money rotation has started.

#Bitcoin very apparent we are still in a bull market. Indicator: 52-w WMA

@moonshilla Many are not ready.

✅UPDATE $BTC HOLY SHIT ITS HAPPENING

@StockmoneyL Great content!

1/9 HOW TO FIND THE COINS THAT ARE ABOUT TO RALLY Ethereum is the coin of the hour. And yet, many are sidelined or late to the game. A follower wrote: "that's the problem with invisible charts - generally I don't see them untill they happen." A step-by-step guide 🧵

$SUI all targets reached. trade closed.

#Bitcoin this is playing out nicely. Higher.

Bitcoin dominance this looks like a definite break of the bullish structure. Altcoins: higher.

#Ethereum Clean breakout. Higher.

besides $QF; this one here ( $GLQ ) is my second guilty pleasure. (Rest of my portfolio is blue chips) NFA.

$QF many are not ready for this >250% short-term move. Background: We saw a clear, high-volume breakout of the descending consolidation formation. Price tapped ~$2.5 before correcting to the 0.5 FR (1.59). If this is wave 1, we can expect a lot more. MCAP is still < 20M. Not financial advice.

@StockmoneyL thanks brother

@Z3usCrypto Great catch.

$SUI trade with TPs. That escalated quickly.

Update. T1 and T2 filled. Rest is for pleasure only ;), $SUI NFA.