BlackRock published a great Bitcoin report Key chart 📉: “BITCOIN’S LONG-TERM PERFORMANCE”
The chart shows Bitcoin’s price movements from 2010 to 2024, highlighting four major bull and bear cycles:
• First Cycle: 592x gain, -93% drop.
• Second Cycle: 555x gain, -84% drop.
• Third Cycle: 104x gain, -83% drop.
• Fourth Cycle: 21x gain, -77% drop.
👨🏻💻 REVIEW BITCOIN GLOBAL
Some hopium for survivors! Last few months were absurdly bad for crypto market, especially for altcoins. $BTC also did nothing, just lower lows and lower highs with no significant moves.
This pattern is really similar to year 2019! That time $BTC also pumped hard only to slowly bleed back down. It makes more sense when you compare the stochastic RSI: look how overbought oscillator slowly comes back to middle of the zone, only to strike back hard!
⏰ According to the pattern, we are coming close to the culmination of boredom and depression. Are you ready for the action?
#BTC EMA21 update
So, it’s the second half of September we’re still consolidating below the EMA21 (as expected)
IMO we’re gonna flip it soon 📈
$BTC dominance is at the highs. Hard to imagine that despite thousands of new altcoins, $BTC not only holds the dominance, but increases it!
As we come to magical Q4 with US elections and possible FTX redeem, I tend to believe in altseason. I'm tired boss 🙏
The average quarterly return for Q4 in #Bitcoin halving years (2012, 2016, and 2020) is ~108%
Q4 2024 starts in 17 days.... LFG
Trying to long $DOGS again! The price has formed an inverse H&S pattern, so when the "neck" is broken, it's gonna fly!
I open a long here, my targets are on the chart!
🇺🇸 US INFLATION FALLS TO 2.5%, FED RATE CUT EXPECTED
As of September 11, 2024, US inflation dropped to 2.5%, the lowest since March 2021.
The decline is due to falling gas prices and slower rises in grocery and rent costs.
The recent drop is likely to prompt the Federal Reserve to cut interest rates next week to support the job market and lower borrowing costs.
This could affect mortgages, auto loans, and credit cards.
🌐Source: U.S. News
👨🏻💻REVIEW BITCOIN
Despite poor price action after Trump losing the debates, $BTC made a global higher low!
Now it's back in big range of $56k - $61k. Post-debates longs are quite weird, but definitely might work!
The target is the upper bond of the range.
Solana ($SOL) has reached a record for the highest number of daily active addresses in blockchain history.
Читать полностью…A new big whale 🐋 named Mr. 500
has been — 500 Bitcoin twice a day since 28th August.
We should keep an eye on whales 👀
They know something we don’t..🤔
In 2 weeks, he bought $700M worth of BTC. 🚀
#QTUM/USDT Chart Analysis : 4H
#QTUM has broken below the 200 EMA and is currently consolidating near the 200 EMA.
Entry : $2.249
Target : $2.024
SL : $2.380
Light blue zone is almost filled! $BTC made a small bounce, nothing exceptional so far!
It's weekend, so be ready for both side fakeouts.
It's been 152 days since the last Bitcoin halving.
The last bull market cycle started 160 days after the halving.
Bitcoin performed exactly as I mentioned.👍
The price pumped up to $60,000 and faced rejection there.
The price might drop a little more, possibly around $57,000.
This is going to be a huge week! US FED rate decision and FOMC conference on Wednesday will blow up the market 🤯
This is first time in a while when no one really knows the outcome: Powell can even keep the rate unchanged! Thus, the decision is not yet "priced in" as previous ones. The process of pricing in will take the whole week!
$ETH/BTC Monthly chart
So we see the same pattern repeating itself over and over again 🔄
And right now we’re in the final stage of ETH/BTC bear market — Support Breakdown (Capitulation) & Accumulation
Looks like it’s time to convert some $BTC to $ETH 🧐
🎯 Target 1 - 0.0885
🎯 Target 2 - 0.110
🌶 Found a Perfect Correlation — Bitcoin & GMI Liquidity Index
- What is GMT Liquidity Index? Briefly speaking, it offers a consolidated view of all major central bank balance sheets from around the world.
❗️This index is highly valuable because it provides data 12 weeks ahead of time, giving analysts insight into potential future trends.
As you can see from the image, both charts are highly correlated: at the beginning of 2024 the index start growing alongside with Bitcoin, then entered a chop for the recent 6 months.
Now the GMT Liquidity Index is signaling a GROWTH that should start from October 2024. Bitcoin should follow it, as it perfectly did during the whole 2024.
Coin name -MEW
Narrative -memecoin
Trade type -spot trade
Target -100% on current buy
Exchange-Bybit
See you at TP
Volatility Alert ⚠️
The US #CPI data will be released today at 6:00 PM IST.
Expectations: 𝟮.6%
Last Month: 𝟮.𝟵%
2.6% se zada aya toh Market dump kre ga.. What do you think will CPI decrease ?
Yes 👍 No 👎
🚀 It’s NOT Too Late 🚀
Did you know that owning just 0.133 BTC puts you in the Top 5% of all Bitcoin holders?
That’s right—with around $7,581 (at $57k per BTC), you can secure your spot in the elite few! 📈💰
🔹 Top 0.1%: Holding more than 21 BTC 💎
🔹 Top 1%: Holding over 3.5 BTC 💰
🔹 Top 5%: Owning at least 0.133 BTC 📈
The beauty of Bitcoin is that it's never too late to get in.
Whether you're stacking sats by trading or starting fresh, being in the Top 5% is an achievable goal that puts you on the path to financial freedom. 🌟
Start small, stack consistently, and watch your portfolio grow over time.
Don’t miss out—this is your moment to enter space and secure your future! 💪💎
🔍 Always exercise caution
⚠️ This is not an investment advice
💰 DYOR
Bitcoin has broken out of the descending channel pattern, which is a bullish signal.
Bitcoin respected the pattern, and after the breakout, the price is pumping.
If it continues to follow this pattern, we could see the price reach $59,000.
#LINK/USDT Chart Analysis : 4h
#LINK is currently in a downtrend, forming Lower Lows (LLs) and Lower Highs (LHs) below the 200 Exponential Moving Average (EMA).
Entry : $10.41
Target : $9.34
SL : $10.94
#Bitcoin 1M Big Picture
This cycle doesn’t look like the 2017 or 2021 cycle. IMO it’s more like 2013 and Stoch RSI confirms it 👇
This cycle Stoch RSI peaked in March and during this 6-Month Consolidation in Wave 4 the Stoch RSI went lower than in 2016-2017 or in H2 2020-2021 (I’m not taking Q1 2020 into account because it happened before the Halving)
I think just like in 2013 $BTC is going to create a Lower High on Stoch RSI and a Higher High on price (Wave 5 - Cycle Top) 📈📍
🟢 Green vertical lines: days where the #bitcoin price has only ever gone up since then
🔴 Red vertical lines: days where the price has only ever gone down since then
Seems like mostly green lines
Crypto funds saw ~$600 million in outflows last week, the 2nd largest on record.
This was only below the 2022 levels when cryptocurrencies experienced a severe bear market.