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Bitcoin 90-Day Volatility has been contracting since the 20k top in December 2017

Big breakout to new all-time highs is coming!

More likely next year, but BTC can easily do it till January
BTC 4h

There’s an ascending triangle shaping up

We have a flat topside resistance at 15.8k (currently looking like a double top) and a rising support trendline (which is in line with EMA50) catching a series of higher lows

BTC was severely sold off when the funding was spiking. Right now it’s flat again

🐻 Breakage below EMA50 would ruin the bullish structure, so it’s a good point to manage your risk

🐂 To be bullish on this BTC consolidation I need to see a return to the top of the triangle. Until then we are in a no-trade zone
VET is printing an interesting bullish picture

We are in the apex of a Huge Falling Wedge

📍All it has to do is to break above EMA21, which is in line with the resistance line
#NWC recently broke out of a 70-Day downtrend

Looks good to challenge the top soon

Project has strong fundamentals as they announced they are building the most comprehensive app so far!

I can easily see this project go 10x by the end of year. Exchange - #kucoin
BTC dominance

Important moving average regained - EMA100

Next one critical - EMA200 at 67%. Right there we have a horizontal resistance as well

💡BTC.D might get rejected there again kicking off an Altcoin relief rally
CryptoBullet
🔥BTC is breaking out! Funding is flat - good for the bulls
🎯 BTC broke out of the Ascending Triangle just like I predicted and keeps going up nicely

💰Decent profit gained on this move
ETH breakout will blow your socks off 🚀
CryptoBullet
ETH breakout will blow your socks off 🚀
ETH did break out but not so violently

Only 2% gain (which is decent if using 10x leverage)

Now testing the critical Moving Average for this setup

The picture doesn’t look so good already. Breaking below this MA is bearish 🐻
What is the floor price for Bitcoin right now?

Let’s use NVT price for identifying a fundamental floor price of Bitcoin

[ NVT is the price-earnings ratio for Bitcoin. It just looks for how much volume is going through the blockchain ]

You see the blue line - this is the NVT price. You can consider it an organic price of Bitcoin and it’s very hard to go below it, because below this price spot investors will continue to buy

We did get that slice right through the NVT price on COVID-19 crash in March (that was a derivatives driven, not a lot of coins moved on-chain at that moment)

📌 According to NVT Price the lowest bound that BTC can ever come back down to is 11.5k as of right now (anything below is a buy if we even get a chance)

But keep in mind that it’s trending up and in a month the floor will be around 13k
YFI analysis

Here’s what I’m seeing:

Giant iHead & Shoulders pattern is almost completed

Coincidentally a bunch of resistances come together in one place (at the neckline of right shoulder) right when the big move is mostly expected

Needs to break the Resistance Cluster to rally hard 🚀
CryptoBullet
There we go! ETH took a nosedive after the support breakdown as I expected 📉 I hope my analysis helped you to make a right decision and gain some profit
ETH update

Important Moving Average for ETH gets regained and it’s a pretty good sign 🐂

The next bullish confirmation would be breaking above $470 horizontal resistance, and that’s it - $500 ETH price there we go! (and likely beyond)
CryptoBullet
🔥BTC is breaking out! Funding is flat - good for the bulls
Congratulations to those who followed my analysis!

🎯 BTC reached the target of this Ascending Triangle and even goes above 17k

All-Time High is in danger
CryptoBullet
ETH is breaking out 👀
Here it is!

🚀 ETH reached $485

And it’s just a warm-up
CryptoBullet
ETH is breaking out 👀
So, ETH rallied and almost reached my upside target of $500 (just came $3 shy) 🎯

I hope my analysis helped you to make some profit!
Bitcoin is currently 9% away from its All-Time High!

Yesterday was the 5th highest daily close Ever 🚀

Keeping an eye on this steep rising channel 👀