Alt market now is moving exactly the way of alt market at April-Sep 2023.
@DigiLeakBot
The good case: BTC period (lately April - Early June) will move like the period (Lately Jan - Early March) then 100k on the table
@DigiLeakBot
What I am thinking about BTC now:
- It is new cycle of BTC bull market.
- Support of BTC now is 60k (Electricity cost level)
- First resistance: 100k ( Total production cost level)
- FOMO can push up to 140-180k (Parabolic movement)
- If market gives other chance to 60k or fakeout below 60k It's for BUY
- The good case: the consolidation will finish soon and It is going higher soon.
- The bad case: the consolidation will last till end of Summer or Autumn. Market will be boring and many fakeout movements on Alts structures.
@DigiLeakBot
In the period of accumulation phase, market gives retailers a feeling that things could dump more and more.
In the period of distribution phase, market gives retailers a feeling that things could go higher and higher
The range keeps playing ping pong game until a moment of Break Up or Break DOWN.
@DigiLeakBot
#BTC is moving in a tight range between 2 gaps 67k & 64k.
Alts pumping 10% in this period is a great effort.
Alts pumps in this season tend to quickly pump & quickly dump as the form of Buji Khalifa towerrs.
@DigiLeakBot
Hong Kong Ethereum and Bitcoin ETFs to start trading by 30th April and could bring in $25 billion
@DigiLeakBot
It is quite surprised the chosen one in this period is the couple mommy #ONT and baby #ONG.
Nobody paid attention them before.
@DigiLeakBot
The bad case: There is nothing to discuss if market remains boring & sideway ~60k in Summer.
The good case: BTC period (lately April - Early June) will move like the period (Lately Jan - Early March) then 100k on the table
@DigiLeakBot
This guy have been buying 100 bitcoin everyday since Nov 2022.
Just wonder which nations or billionaires ?
@DigiLeakBot
In Crypto Summer
Be aware of a hidden rule: Alt daily Floor/Celling price is 30% max
It means If a coin is on the top gainer +30% or top loser -30% so they are mostly overbought or oversold.
@DigiLeakBot