CrediBULL Crypto

“$ETH USD pairing at HTF range lows, $BTC at 60k range lows, ETH/BTC pairing at HTF buy zone. I’ve been waiting for this target on the ETH/BTC pairing for months and it’s finally been met. The confluence with both BTC and ETH also at their respective range lows (and on now negative funding) is confluence that I like to support it. So, this is a very logical place to DCA spot imo. Added some $ETHA in the tradfi account ✅”

“We have finally reached the promised land on ETH/BTC. $ETH bulls, now is your time to show up! https://t.co/hBy4TONAEV https://t.co/yWrydfohpG”

“It's hard to say tbh, I think if BTC can find it's footing the entire market will reverse- but until that happens it seems to be dragging everything lower. The good news is $BTC is finally close to it's range lows and we are seeing spikes of negative funding come back for the first time since the local highs- I think we could be close.”

“@0xAero8 @BrotherWind23 At this point would be surprised if we avoid the range lows at 60k but crazier things have happened lol.”

“So two things you need to consider. First, the length of time of the 1st subwave, which would be our move from 15k to about 110k- which took two years to play out. The 3rd and 5th should be "relative" to that wave in terms of time- meaning not necessarily the same, but "proportional". The second thing you need to consider is that if this is an extended move, then it should get MORE aggressive through the 3rd and 5th, which generally means those moves should happen faster than the 1st once they begin. This also supports the blow off top idea- a faster more aggressive expansion than the 15k-100k rally. So when you combine these two factors you can say the 3rd and 5th should each take less than 2 years, but how much less is hard to say, and we have to keep in mind a 4th wave correction happens somewhere between the two which will take time of it's own. Finally, if all this is going to happen it just means the blow off top for alts gets pushed further back as well- but considering where alts are now they probs start running somewhere during this Wave 2 correction of BTC, so you're not going to have to wait that long for say $1 CRV even if BTC has a couple more years to run. You may have to wait longer for those "cycle end" targets though if BTC isn't done here either.”

“$CVX has officially cleaned up our higher TF range lows. Might need to see a general market reversal to kick things into gear but all potential downside targets have been tagged at this point and so focus is now on reclaiming our HTF range and then targeting key levels above into our HTF range highs.”

“We left behind untapped supply on both $ETH and ETH/BTC. In a perfect world we would get one more leg up (which would convince most of a full on reversal) to test both these key zones of resistance BEFORE heading for our local range lows on ETH/USD and our HTF area of interest on ETH/BTC. But in order for this to happen, $BTC probs needs to find a foothold asap.”

“On the contrary I think thats when we may finally get a giga rotation. Remember, thinking crypto will tank because trad markets do is not really considering the context. A massively juiced up sector with lots of "excess" like trad markets has a lot of room to correct and a lot of juice to be squeezed during a correction. The same cannot be said for a sector like crypto which has already had all of it's "juice" squeezed out of it. https://t.co/YSovmhn2Be”

“Yes so this blow-off top on trad markets has been years in the making and I've always expected it as a pre-cursor to our next major crash. We are in the process of going parabolic so we can certainly go higher before the top is officially in but it all ends the same way. However, remember- when we talk about "pulling liquidity", global equities are a 150T market. The SPX is currently at 70T. Crypto sits at a 2.4T market cap. $BTC makes up 1.4T of that. Alts make up barely 1T of what's left, and the Top 10 alts make up 80% of that 1T. This means, alts outside the Top 10, have a combined marketcap of LESS THAN 200B. Now make this make sense- is a 70T (or 150T if we consider global equities) marketcap sector (SPX), which has added trillions in marketcap over the last couple months, ACTUALLY "pulling liquidity" from a smaller 2T marketcap sector? Crypto has been between 2T-4T marketcap for the last 2 years. In that time, the SPX has risen 40% or added over 25 TRILLION to it's marketcap. While the ATTENTION is clearly on trad equities it is not as if tons of liquidity is LEAVING crypto and flowing to equities. The money flowing into equities is predominantly coming from somewhere ELSE, there is barely ANY liquidity in the crypto space relative to trad equities. You can't squeeze a ton of juice out of a fruit that has no juice left to squeeze. "Alts are gonna die because trad equities are gonna take all the liquidity out of them" Bro, what liquidity? Alts outside of majors (Top 10) have a 200B marketcap. That's 1/350th of the SPX or 1/750th of global equities. The crypto market (especially alts) have been squeezed dry- there is very little liquidity left to flow out of them and into trad markets. HOWEVER, the opposite is not true. There is HUNDREDS OF TRILLIONS of dollars of liquidity that could potentially flow INTO crypto (including both BTC and alts) which is INCREDIBLY small as a sector. The SAME WAY we saw a massive influx of liquidity into precious metals over the last few years that led to a massive rise in prices of gold and silver is the same way we will at some point see a massive influx of liquidity into crypto. This risk at this stage is not that "crypto liquidity will flow into stocks" because there is no excess liquidity in crypto to begin with. This should literally not be a concern imo. Your only concern should be not being positioned in this sector BEFORE we see liquidity flow in the other direction- from multi-trillion dollar traditional sectors into the liquidity starved sector of crypto. Because just like silver and gold, when it happens, it will happen fast.”

“Right so I covered 3 distinct scenarios in my last Youtube vid shared 3 months ago and not much has changed since then. With regards to how my alt targets will be affected in each scenario: In the most bearish scenario in which the top at 126k is the last top before a potential 5-10 year secular bear, yes, altcoin cycle top targets would be on the lower end of the range. In the more bullish scenario in which our local top is just that- a local top- and we recover to new highs within the next 3-12 months for our "final" blow off top, then altcoin cycle top targets would be on the higher end of the ranges I've previously stated. In the most bullish scenario in which our last top is just a potential 1-2 year top (1st subwave top of extended 5th) before continuation of the larger secular bull which would last for a number of years longer (this is the closest scenario to a "supercycle"), alt-coin cycle top targets would be potentially even higher than what I've previously stated, but may take longer to get there because the secular Bitcoin top would still take some years to be put in. As stated in that video- the lack of a blow off top suggests to me that this is one of the more bullish scenarios, not the most bearish one. Which means my expectations for alts haven't changed but now it's more about how quickly we get to those targets (the "most" bullish scenario just means it takes longer but we go higher).”

“I see Saylor has sold some $BTC. I don’t think this is anywhere close to the “big unwind” so no need to panic (never should), but it’s now proven as fact that Saylor can and will sell $BTC if needed. When I initially pointed this out I was met with “you’re crazy Saylor will never sell any Bitcoin”. Now that that’s proven false, even if this isn’t the unwind, as long as he keeps averaging up in a secular bull it creates a significant risk during the next secular bear which as I’ve said before has a high likelihood of ending with Saylor’s liquidation. Partially because he has been so vocal about there not being any “bear markets” anymore as Bitcoin heads to $1,000,000+ (his words) when in reality market cycles never change and the longer, more aggressive a secular bull cycle is the longer more aggressive the following secular bear will be. I don’t think we have to worry about all that now, but I’ll be paying close attention to this all when the time comes…”

“@simplyyjavii__ I wouldn’t look too much into seasonality tbh. But yes considering we have been in a range for a couple years now and we are now at the lows again, odds are we start performing well as we move back up to the highs at some point (and ideally finally break out).”

“@nothingarrived Looking to me like we are probs gonna go for the HTF range lows at the blue line at $1.40 unless BTC finds a bottom here asap.”

“More of the same here on $TRAC (see quoted post below this). Slowly but surely supply shifting from weak hands to strong hands on every LTF pump. The last pump we saw on LTF was one of the strongest yet with a +70% candle in a single hour (which still hasn't been fully retraced). $TRAC continues to grind up off it's HTF accumulation zone and it's just a matter of time before we see more significant acceleration imo.”