
Investment Strategist | Stocks | Crypto | Combination FA&TA | Economic Correlations | New Technologies | Casts are Personal Opinions | @creepzander on Twitter
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Next $BTC Halving is less than 3 months (approx. 75 days) away In the past, last three months before the Halving have been very profitable and show that now is a very important time to position for dips Below you find a summary of historical $BTC monthly returns over the last 3 months before each halving
Thanks for the info. Kind of a stupid question, but how do you write threads?
Well done, it was very easy
Analysis of Altcoins Market Cap ($TOTAL2) using Fibonacci Retracements The market capitalization of altcoins, excluding $BTC ($TOTAL2), has recently approached a significant Fibonacci retracement level - Current Cycle: On August 5, 2024, the $TOTAL2 market cap briefly touched the 0.236 Fibonacci retracement level, marking a point from the last high to the last low (chart above) - Historical Comparison: Interestingly, this retracement level was also touched exactly four years ago on August 3, 2020, albeit from a different trajectory (chart below) From this perspective, we are currently at exactly the same point as in the last cycle Hopefully the further development from the last cycle will also be repeated this time for alts 🙏