📊 There is a major bullish divergence that has been forming over the past two weeks:
📉 Bitcoin's market value has DROPPED -5.9% since Aug. 22nd
➡️ S&P 500 has RISEN +0.4% since Aug. 22nd
📈 Gold has RISEN +5.5% since Aug. 22nd
🧐 Since early 2022, cryptocurrencies have been…
Some people seem to think that ALT/ETH pairs going up means BTC.D goes down.
But what I am suggesting is that:
ALT/ETH pairs go up
BUT
ALT/BTC pairs bleed
So BTC.D goes up while ALT/ETH pairs go up.
It's possible that ETH just drops back to the 21W EMA, and during that…
Some people seem to think that ALT/ETH pairs going up means BTC.D goes down.
But what I am suggesting is that:
ALT/ETH pairs go up
BUT
ALT/BTC pairs bleed
So BTC.D goes up while ALT/ETH pairs go up.
It's possible that ETH just drops back to the 21W EMA, and during that…
I think Ethereum will drop to its 21W EMA within the next 4-6 weeks (regardless of what Bitcoin does).
After Ethereum hits the 21W EMA, it should then rally to new All Time Highs.
I think we are about to witness the final rotation into Bitcoin this market cycle.
Bitcoin made it to the bull market support band a couple of days before September began, but regardless here we are
This is where the bulls would like to hold the line.
August formed a local high, September will likely form a local low.
Note that September 1st was already a…
Bitcoin made it to the bull market support band a couple of days before September began, but regardless here we are
This is where the bulls would like to hold the line.
August formed a local high, September will likely form a local low.
Note that September 1st was already a… https://t.co/ooMbDDdziQ
The reason BTC Dominance is likely going to find a low soon (plenty of lows for dominance in September) and start going back up is because there are only 3 outcomes for the price of BTC and all 3 outcomes historically tend to lead to dominance going higher.
1) If BTC bounces off…
Let's talk about the Crypto Waiting Room... many key part of the crypto ecosystem are in the waiting room ready to launch. Let's look at a few (you will have yours too...)
Total3 - Ex- BTC and ETH...ready to launch from the waiting room. 1/ ...
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