Tor@DegenSince2017
$TEL MONTHLY CHART UPDATE
We got great price action on our November pivot, but the December candle did not close above green support, so now price is at diagonal support again.
I think 2025 must be one of the worst years in crypto I have experienced, price wise! And soon we will most likely see if the 4 year cycle on $BTC, that everyone is talking about, is broken. Personally I think it is.
Why? Well, because the price action has not been as expected. Usually BTC breaks ATH AFTER the halving. This time it broke BEFORE. Also with institutions, ETFs, the 'game' is not the same as before. I could mention more things, but I think you get my point.
But that's my personal view, and the one I'm leaning to until something/someone convinces me otherwise. I still think we have one more top in on BTC before the crypto bear market!
Gold, Silver and S&P made new ATHs in almost every month of 2025 in Q3 and Q4. When those bubbles break (and they will!), where do you think some of that liquidity will go? I believe the answer is crypto! 😎
Golds market cap is ~30T, Silver is ~4T and S&P500 is ~57T. With crypto market cap at only ~3T, it only takes ~3% of the market cap from those 3 to rotate to crypto to double the crypto market cap.
So for me personally it's always a question about risk. What do you think is most likely? Does it make sense that some of the liquidity from Gold, Silver and S&P will rotate into crypto? I know where I stand!
Like I mentioned earlier, TEL is know at diagonal resistance. Can it go lower? Yes. Personally I believe ~0.0025 was the new lower high before a new higher high. So I'm not expecting price to go lower then that in the near future, but I can't predict the future. So manage your risk as always!
I have adjusted the fractal target accordingly to the new candles, and need to remind you that January is a monthly pivot, ending a monthly cycle, so a important one. I've also added the two next monthly pivots.
That's all for now. I'm still very bullish on crypto and TEL, if that was unclear!
I'm wishing everyone a happy/bullish new year (hopefully!) 🥳
LIKE & SHARE if you found any value! 💙