DiveInDefi
ETH is breaking out. If we don‘t rug within the next 24h, we go to 3400 next.
3k already hit. We moving fast!
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DiveInDefi
Very strange dump yesterday. Might have been a short covering dump. If you look at the volume today, we doubled the losses yesterday with the same volume. Very bullish chart but hitting resistance here. If we break 110k, I think we finally might be ripe…
Time to pull out my macro chart again.
Not trying to ruin the party but as I have stated many times before, this yellow circle is the main macro, and therefore most important resistance we have faced in the past years.
These mega trends usually hold.
In case we break this, we are geared up for a mega bullrun. But I am heavily leaning towards a rejection. We can break this but I wouldn‘t count on a fast break.
This does not mean that altcoins can‘t do well in the next days, weeks or months. I think this is a great opportunity for Bitcoin Dominance to crash and give the rest of the market time to breath. Maybe 10K $ETH is the next target?
The target for $BTC is 122k right now.
Not trying to ruin the party but as I have stated many times before, this yellow circle is the main macro, and therefore most important resistance we have faced in the past years.
These mega trends usually hold.
In case we break this, we are geared up for a mega bullrun. But I am heavily leaning towards a rejection. We can break this but I wouldn‘t count on a fast break.
This does not mean that altcoins can‘t do well in the next days, weeks or months. I think this is a great opportunity for Bitcoin Dominance to crash and give the rest of the market time to breath. Maybe 10K $ETH is the next target?
The target for $BTC is 122k right now.
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DiveInDefi
I think this is a great opportunity for Bitcoin Dominance to crash and give the rest of the market time to breath.
$XLM doing a casual 85% gain in 1 week. Actually in 5 days.
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DiveInDefi
Expecting some headwind going into the week. DXY bounced off the major support.
122k in reach. It is getting very hot in here..
DiveInDefi
122k in reach. It is getting very hot in here..
If we close the daily here and keep going, I don‘t see any reason why we can‘t go much higher.
122k was my bearish target but maybe people finally ran out of BTC to sell?
🤞🤞🤞
122k was my bearish target but maybe people finally ran out of BTC to sell?
🤞🤞🤞
DiveInDefi
If we close the daily here and keep going
But this is the important step.
We need to show strength here at this price range. A wick is always expected in every direction.
Next days are crucial for the further direction.
We need to show strength here at this price range. A wick is always expected in every direction.
Next days are crucial for the further direction.
DiveInDefi
This does not mean that altcoins can‘t do well in the next days, weeks or months. I think this is a great opportunity for Bitcoin Dominance to crash and give the rest of the market time to breath.
BTCd already starting red into the weekend. I would be very surprised if this trend is not continuing for some while.
DiveInDefi
$OTHERS close to 248B. When this breaks, which I expect with continued strength in BTC and ETH, we should go towards 290B rather quickly.
Target hit and clean rejection off 290B $OTHERS