Posts from Strategists

$BTC hits $64 000 🚀 🚀 🚀

New ATH loading? Altseason nearing? 👀 👀

Crypto Takeover before our eyes:

According to #Cointelegraph, stablecoin giant and USDT issuer #Tether has reported a record $5.2 billion profits for the first half of 2024.

Last year it reported $6.2 billion profits for the full year.

This has #Tether making more profits than the world's largest Asset Manager (BlackRock) that has over $10 trillion under management.

This is just 1 of the main indications of crypto taking over and making its way up to the crown of monetary and financial system evolution.

Another interesting finding is that #Tether is now also 1 of the biggest holders of US government bonds in the world with over $97 billion invested, even surpassing holdings of large governments such as Germany!

We're on the right of history being written as we live it. $BTC $ETH $XRP $RUNE $COTI $STX $AAVE

FACT 1: 20 out of 22 crypto assets in the #MzansiCrypto portfolio are outperforming $BTC and $ETH over the past 24 hours.

FACT 2: #MzansiCrypto is outperforming the top 10 most copied strategies on this platform over the past month.

Below is an image shows our top performers over the past 24 hours. 🚀 🚀 🚀

The FED delivered on the hopes of many investors. This is bullish for the rest of the year. Crypto seems te be in the infant stages of a turnaround. Very happy with how we are positioned.

We are starting to outperforming $BTC on the week and the month and things can go fast from here. With positions in solid outperformers like $INJ and $SOL and $RUNE we could run hard in the next few weeks and months.

GM! Just started regalancing of our portfolio. No big changes, taking profits on $SUI, balancing back into positions, droping $BTC, $XRP and other stable coins. All in alts. Let’s go to the moon.

Crypto Market Update 👀

• The Federal Reserve has cut interest rates by 50 basis points (bps)👀
• Capital from interest rate-sensitive products is likely to shift toward higher-yielding assets🤔
• Risk-on assets have experienced a strong rebound✅
• MicroStrategy has increased its convertible note offering to $875 million🚀
• FTX is set to distribute $16 billion to creditors in Q4 2024. While the exact date is unclear, Q4 kicks off in just two weeks😉
• BlackRock released a report advocating for a Bitcoin ETF, highlighting it as a "unique diversification tool"👇

https://www.blackrock.com/us/financial-professionals/literature/whitepaper/bitcoin-a-unique-diversifier.pdf

Regular rebalance to stay diversified.

Como habíamos comentando en este post esperábamos una rotura y consolidación por encima de la MM90 en el MVRV de CP en $BTC tal como se está produciendo.

Faltaría solamente confirmación por encima de 1 para volver a ser más optimistas con el precio.

English:

As we had commented in this post, we expected a breakout and consolidation above the MM90 in the STH MVRV in $BTC as it is occurring.

We would only need confirmation above 1 to become more optimistic about the price again.

Actualmente estamos cumpliendo 3 de los 4 indicadores que teníamos previstos para volver a tomar una trayectoria alcista en $BTC

1º Rompemos al alza el Precio Realizado de CP como se puede observar en la imagen.

2º El MVRV de corto plazo vuelva a estar por encima de 1.

3º El SOPR de CP también empiece a arrojar ganancias de forma continuada por encima de 1.

4º Por último la rotura al alza de la DMA 200 todavía no se ha realizado ya que actualmente está sobre los 64K$

English:

We are currently fulfilling 3 of the 4 indicators that we had planned to return to an upward trajectory in $BTC

1º We break up the STH Realized Price as can be seen in the image.

2º The STH MVRV is once again above 1.

3º STH SOPR also begins to continuously show profits above 1.

4º Finally, the upward break of the 200 DMA has not yet been carried out since it is currently above $64K

https://charts.checkonchain.com/btconchain/pricing/price/price_light.html

https://charts.checkonchain.com/btconchain/pricing/pricing_mvrv_sth_zscore/pricing_mvrv_sth_zscore_light.html

https://charts.checkonchain.com/btconchain/realised/realised_sthsoprindicator/realised_sthsoprindicator_light.html

Modificamos el Performance Fee del 5% al 10% al realizar una gestión mucho más activa de la Criptoestrategia HODLers.

Esto es debido a que al ser una gestión mucho más activa nos obliga a un mayor porcentaje de tiempo de estudio de los indicadores de mercado así como proporcionar información sobre los mismos mediante los posts.

Saludos.

English:

We modified the Performance Fee from 5% to 10% by carrying out much more active management of the HODLers Crypto Strategy.

This is because being a much more active management requires us to spend a greater percentage of time studying market indicators as well as providing information about them through posts.

Greetings.