Reserved for the discerning‼️Engage in comprehensive crypto market analysis and in-depth price action insight. Only private elites here! Main page:@CryptoMichNLyoutube.com/@cryptomichnl Amsterdam, The NetherlandsJoined July 2009
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Trade Ideas May / June / July: 80.02R
Trade Ideas July: +32.01R *trades pending*
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This cycle is more comparable to 2015/2016 than ever.
In 2016/2017 we've had a new group of people, retail investors, jumping into the markets of #Crypto.
In 2022/2023 we've got a whole new, final group, joining the markets, which is institutionals.
Be ready.
In 2019/2020 I had a difficult time continuing to focus on #Crypto.
Portfolio slowly bleeding out on a daily basis, losing momentum, everybody negative about the asset.
It's completely the same right now, but you'll need to stick to it.
Next years are your rewards.
#Bitcoin moves alongside commodities.
Silver reclaimed all the losses and is back to the levels of July.
Matter of time whether #Bitcoin runs back to $30K.
If we have another sweep of the lows at $24-25K -> I'm a final buyer before the bull.
During the coming period, comparable to 2020, I think certain categories could outperform.
Newer coins: $ARB / $OP / $INJ / $SUI
Meme coins: $PEPE / $DOGE
Definitely in the books to monitor.
In 2019, #Ethereum dipped towards the cycle low in September '19. Eight months prior to the #Bitcoin halving.
In 2023, #Ethereum seems to be making the low again eight months prior to the halving.
🪙 3 months after the release of $INFRA we’re proud to announce that the Blast Ecosystem Fund is LIVE!
Given the impressive traction achieved in the first half of 2023, we’ve decided to allocate a portion of the platform's revenue to further enhance the Blast protocol!
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Interestingly enough, $LINK is doing well in the $BTC pair.
The low seems to be made on June 2023, as we're currently in the process of retesting the low created in May '22.
The paradigm is shifting on #Altcoins?
Where are we in the #Bitcoin cycle?
Cycles are super comparable to each other. Whether you like it or not.
Cycles repeat themselves, especially when there's an ingredient called the halving involved.
We're currently approx. 250 days away from the 'Halving' and the current…
#Bitcoin signals on historical basis.
Are we getting towards a deeper correction or are we close?
In this update we'll discuss that.
Watch it here:
youtu.be/uERoqFZM_Ik
The Total market capitalization of #Crypto is currently still consolidating within the range of $425-675 billion.
Let's see what the coming weeks will bring.
🚀🇪🇺 Big news in the world of #Bitcoin! 🤯 The EU just voted to let banks hold 2% of their capital in BTC! 🏦💰
This will come into power in Jan 2025!
It's official: Crypto is going mainstream, and the financial revolution is unstoppable! 💥🌐
Get ready for a wild ride to the…
In the previous cycle, we've had a low on the Others Dominance chart on #Crypto, after which it seemed to continue to move in a straight line upwards.
Right now, the same concept is happening, including a bullish divergence.
Time for #Altcoins could be soon.
#Bitcoin dominance continues to fall after retesting the 200-Week MA and EMA.
This downwards fall might continue in the coming months, through which #Altcoins outperform #Bitcoin.
Thesis wrong if reclaim 200-Week MA & EMA.
Markets are almost always irrational and the opposite of what the mass expects.
The mass expects #Bitcoin to go to $15K, as we've done the same in 2019.
However, 2015/2016 we had a crash and continued the climb.
What if we don't get that low?
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