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Bitcoin Potentially Forming a False Breakout
Yesterday Bitcoin formed a bullish daily candle close above the yellow resistance line around $63.9k. However, there was no bullish breakout and Bitcoin dropped back down into the yellow channel again. Bulls are attempting to push the price back above $63.9k again for another attempt to form a bullish breakout. This is looking like a […]Read More
Can Bitcoin Defy The Odds And Reach New Heights?
Despite September being historically a bearish month for cryptocurrencies, Bitcoin has actually shown remarkable resilience. Let’s remember that almost three weeks ago, Bitcoin dropped to around $52,500, however, it has staged an impressive comeback, soaring by 22%. Now, the focus is on whether Bitcoin’s value can go above the $65,200 mark, because if it breaks […]Read More
Sui: The Next Solana Killer or Just Hype?
Sui has experienced strong growth over the short term, and is positioning to become a strong competitor in the alt L1 space. However, there is some excessive hype here that raises concerns. Strengths: Weaknesses: Follow me on social media: https://linktr.ee/realchartchamp
Read MoreStrong Weekly Rally for TAO
TAO has experienced a sharp rally from $282 to $600 over the past week. The momentum is starting to slow down a bit in the short term, but there is a lot of hype surrounding TAO in the long term. Many believe that TAO could solidify a spot in the top 10 cryptocurrencies by market […]Read More
FET Forming a Bullish Breakout
There is bullish sentiment for FET as the ASI team is voting to approve a fourth member – $CUDOS. This move is very important because it shows that the ASI team plans to continue growing by adding more AI cryptos into their alliance. FET has broken above the range of this channel and could start […]Read More
Crypto Market Bracing for Bullish October
Bitcoin Attempting a Breakout at $63.9k Bitcoin has traded sideways since Thurs Sept. 19, and is starting to show some bullish momentum here. BTC needs to break above $63.9k in order to rally higher. For now all eyes on $63.9k for a breakout or rejection. BTC is attempting a bullish breakout here. Price is above […]Read More
Bitcoin Remains Neutral Above $63K
Bitcoin started to experience a post-FOMC rally after the Fed announced a 50 bps cut. Despite a bearish Sept. seasonality trend Bitcoin continues to show some bullish sentiment here. I think the next two weeks are times of uncertainty for the financial markets, but I can see two scenarios playing out. The first scenario is […]Read More
Small Cap Mania, October Seasonality Trends, Key Recession Indicators
This is a weekend update on the stock and crypto market with a focus on the bullish narrative surrounding small caps, as well as the diverging seasonality trends that is bullish for crypto and bearish for stocks. The Fed initiated a 50 bps rate cut, which is a warning sign of economic weakness. However, the […]Read More
Altcoin Market Cap Hit Resistance
The Altcoin market cap has been trading within this downward channel since March 2024. The Altcoin market has reached the upper range of this channel and there is likely to be a pullback here. As I’ve mentioned in previous posts Altcoins tend to close neutral in Sept, I’m expecting to see a pullback and neutral […]Read More
RNDR Approaching a Bullish Breakout
RNDR is trading near a resistance zone between $7.20 and $8. I think we can see a bullish breakout soon, and RNDR is likely to rally back to all time highs. I have resistance at $10.79 and $13 on the way up. RNDR has been trading sideways for several months, and is starting to show […]Read More
ARKM Likely to Form New All Time Highs Soon
ARKM is trading near previous all time highs around $2.657. There is some resistance here, and ARKM is starting to see some red. There is also support building up around $2.05, I think ARKM trades in a range between these two price levels before forming a breakout to new all time highs. Follow me on […]Read More
Bitcoin Correction Below $91.8K Resistance
Bitcoin has formed a correction shortly below $91.8k resistance. The rejection occurred just under $90k, and the narrative is that $90k is a psychological level. I think BTC is likely to rebound and rally back up to $91.8k. I think we are seeing a rally headed into Thanksgiving, and we still haven’t reached the $91.8k […]Read More