Posts from Strategists

No risk, No story.

The biggest risk is not taking the risk after a decline of more than 50% from the highest price. 🍀

$BTC

October 13 to October 26 😎💯

WEEKLY RECAP

A turbulent week is behind us. Our strategy did a nice return of +10%✅, with meme coins as drivers of biggest gains.

As for the entire market:

$BTC confirmed its support zone at $60,000 and is climbing towards $70,000. Over $10 billion in short liquidations are stacked against the $72,000 level. A magnet for traders.

Historically, in every halving year, BTC has started its parabolic rise in the second half of October. The real vertical growth begins around the time of the U.S. elections. The elections are in just 3 weeks, and Trump is leading again with a 54% chance of winning. Guess what happens to our meme holdings after the elections 🚀🚀🚀🌕

Crypto Market Pulse👀

• Daily netflow for $BTC ETFs: +$555.9💸
• Japanese public company Metaplanet buys 106 $BTC 👌
• German listed company Samara Asset Group to buy $BTC using $33M bond💪
• Korean Virtual Assets Committee to hold a meeting to discuss the approval of Bitcoin ETFs 👀
• It's been 215 days since the ATH, with the longest record being 230 days🤔

All in all, these are crucial points to break for $BTC, as we are approaching the US elections, the market will become more and more volatile. Remember to stay safe, not overtrade and overthink it.

Nothing here is financial advice

4/ Bitcoin Open Interest Growth

The historical Bitcoin Open Interest chart shows just how much the market has matured. Despite the 2021 top being similar in BTC valuation, current open interest has more than doubled, rising from $5B back then to approximately $12B today.

This dramatic increase highlights the market's growth, with more capital and participants than ever before, signaling a more robust and larger-scale market environment.

3/ Bitcoin Rainbow Chart

Bitcoin is still trading in the lower half of the logarithmic channel. As the market matures, we are less likely to see the extreme peaks (or troughs) that hit the red colors on the chart in past cycles.

This reflects a more stable and less volatile market over time, with reduced price extremes compared to earlier cycles. Keep an eye on this range for potential opportunities, but don't expect the same dramatic swings as before.

2/ Bitcoin On a Move

Bitcoin is still attempting to break out of the long-term channel it has been trading in since 2024.

The market has been closely watching this range, and a confirmed breakout could signal a significant shift in momentum. Traders are awaiting a decisive move, as breaking out of this channel would open the door to higher levels and potentially kick off a new trend.

1/ ETF Flows Overview 📊

$BTC: +$555.9M

$ETH: +$17.0M

Bitcoin saw a substantial inflow of $555.9M, showing strong institutional interest. Ethereum also followed with a modest $17.0M in inflows. These numbers indicate positive institutional sentiment for both assets, with Bitcoin leading the way in terms of capital flowing into ETFs this week.

ALTCOIN SEASON NA POTI🚨

Spodnja slika prikazuje gibanje dominance Bitcoina (tržni delež Bitcoina glede na ostale kovance- ko bitcoin prinaša večje donose od ostalih kovancev se le-ta veča in obratno) v mesecih po halvingu. V letu 2017 je dominanca Bitcoina začela upadati 224 dni po halvingu. Enako se je zgodilo tudi 2021, točno 224 dni po halvingu. Letos, 2024 manjka še cca. 40 dni do 224 dni, ko bi teoretično dominanca bitcoina v primerjavi z altcoini začela upadati.

GAMING EKOSISTEM

Kripto AAA prvoosebna strelska igra OFF THE GRID🔥 --> #1 na seznamu Epic Games store-a. Igra sicer nima svojega kovanca, je pa razvita na Avalanch $AVAX blockchainu, ki ga držimo v strategijah.

Več o največji igri tega bikovskega trenda najdete na: https://linktr.ee/playoffthegrid

$SUI & $SOL --> TVL*

Tako imenovan Total Value Locked (TVL) žetonov $SOL in $SUI raste eksponentno. SUI že nekaj tednov presega najvišje vrednosti, zato tudi cena eksponentno raste. Solana pa se bliža starim rekordnim vrednostim iz leta 2021. #bullish🚀

*TVL nam pove koliko kovancev v celotnem obtoku je zakljenjenih, bodisi Stake-anih oziroma Zaklenjenih za določen čas na DeFi platformi in na ta način vzeti iz obtoka. Več kot je kovancev zaklenjenih, manj jih je v obtoku in manjša možnost, da bi se prodajali na kratki rok.