Sykodelic
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The pumps have only just begun.
This is very interesting to observe.
Firstly, BTC pushed 20% above the ATH with 4 daily green candles and then a sideways consolidation
Secondly, BTC pushed 75% with only 2 out of 16 daily candles being red. This time there was a 30% correction.
Thirdly, BTC pushed 60%, but this time there were far more corrections as it approached the new ATH.
There are a few key things to take note of here.
1- The price can push much further than most can anticipate.
This is extremely important to recognise as we enter this markup phase, because we have all been conditioned t
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$82,000 Bitcoin.
I repeat...
$82,000 Bitcoin.
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This is what we want to see 👀
Throughout last week there was a shit ton of Spot buying.
Spot far outpaced perps for the first time in ages, with The CVD pushing to a HH.
-Price went up
-Spot CVD went up
-Perps stayed flat
We got a spike in perps on the weekend, but that becomes a non issue when we have so much spot buying fuelling the rally.
When we dont have any spot buying, and only perps fuelling the rally, we have a terrible foundation below the price levels.
This creates a house of cards style build that can flush hard at any given moment as traders stops get hit.
But when there has been
TON1.65%
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No matter how bullish things feel...
Never forget.
The higher something pushes, the closer it is to a correction.
The lower something dumps, the closer it is to a reversal.
You must always ensure that you do not fall prey to the emotions of the moment and believe that it will never stop.
The vast majority miss the best buying opportunities because when they arrive, the consensus is that we're going to zero.
Then we reverse.
And everyone buys the top of the reversal.
Bitcoin can continue to push higher here, but as we continue to climb the more sense it makes to expect a retrace.... albeit, eve
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It is a thing of beauty.
$ETH has not put in a weekly candle like this for a very long time... and everyone said it was dead!
From here, the true breakout is all but confirmed.
The only thing I see taking us properly down again is a COVID style black swan event.
With $ETH pushing so hard, utilities are finally going to catch a nice breather and take over for a while.
If you're sidelined, I wouldn't be rushing in with full bags.
It is likely we get some consolidation at these new highs for $BTC, so DCA is your best way in.
Personally, I always have stables no matter the market conditions... as
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We need to keep our eyes on this.
It's been a very good week for the markets overall, with some pretty solid gains across the board.
But just how we have to proceed with caution when we've had a lot of dumping...
We must be just a vigilant when we got the pumps.
With this in mind, the upcoming weekly close will paint a very clear picture as to exactly how the markets are feeling.
ETH has put in one of its biggest weekly candles in a long time.
A weekly close above $3k is very bullish.
A close underneath is more bearish.
I will keeping a keen eye on the weekly closes and moving accordinly.
DCA
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PengCaizhuvip:
Ambush 100x coin 📈
What do you have for me guys?
I am based in New Zealand but have Citizenship in UK.
Whats the best out there?
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I can't see any on my TL.
Keen to know if this is just his bias or not.
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$SVPN following the plan perfectly.
You simply do not fade these kinds of charts - it is simply a matter of time before we break higher here.
Micro-cap projects that work through bad market conditions, experience 90% drawdowns, and keep on working, with real built utility...
You back the F out of them.
ATH will be the first stop for this.
$100m will be the next.
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This is all you need to know.
I'm getting a lot of questions about how to sell/when to sell.
Using this technique takes out the guess-work and enables you to maximise your gains.
And it is so simple.
> DCA in & DCA out
Firstly, there are two very important rules you NEED to understand and accept.
1: You will never time the bottom or the top
2: Buying and selling usually comes with pain
Most people fail to pull the trigger on buying because they are scared it will go lower.
The same applies for selling, just in reverse.
This fear creates a paralysis which leads to inaction, and missing the best
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We are fast approaching "I sold too early" szn.
The last 9 months have conditioned everyone to not trust pumps.
This is about to change.
And many will learn the hard way.
As soon as we switch from a consolidation environment to a trending environment, the rules change.
if you have held for the last 9 months of chop, find the strength to hold a bit longer.
I'm not saying to not shave off profits as we move...
But now is not the same to sell full bags.
You will be going for the rope when you watch it pump hard a week or two later.
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It's not going to be long until $COFFEE is comfortably sitting above $5m.
I firmly beleive the #AI Agent narrative is going to rip harder than almost anything else.
#AI Agents are going to be a fundamental part of every day life soom, and $COFFEE is doing things no other project is doing.
Chart is painting a cup and handle rn, and it wont be long until we break it.
Very comfy hold.
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It's close...
The long-awaited holy grail of Crypto.
The moment we all wait years for.
The best drug in the world...
>ALT SZN.
The stars are starting to align...
But there is so much confusion around this.
So, here is everything I'm seeing and why I think the biggest alt szn we have ever seen... is now finally approaching.
What is Alt Szn? 👇
Firstly, for those unaware, alt szn is the period in the market where altcoins go on MASSIVE runs.
This is so significant because in the vast majority of market conditions, altcoins are totally governed by Bitcoin. Moving slightly when BTC moves, and drop
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We are going to $150k+
But it is not going to be in a straight line, and it's not going to be easy.
If you have been following along long enough, you will know that the market front runs events and announcements.
Just now, we pumped to $76k, then Trump got announced the winner, and we have retraced.
When most people would long the announcement, when the money was made longing before it.
The point of this is that we are going to get tested again.
I would be prepared for some different scenarios for retraces here.
But, regardless of what happens, it is not over.
The market will always lead you i
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"The bigger the base, the higher in space"
Bitcoin is going to $150k+ and there's nothing anyone can say otherwise that will change this belief.
Anyone saying we top at $85k is simply deluded.
The quote above is a very well known saying in trading.
It puts forward the notion that the longer a price consolidates, the more aggressive and following through the break out will be.
So, we just had the longest consolidation period in Bitcoins history(almost 9 months!!)...
And we're only going to pump 20% from the previous ATH?
No, sers...
No.
$150,000 to $210,000 is the target.
And I don't need to te
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And there we fkn goooooo!
New $BTC ATH!
We have been working towards this for over 3 years gang.
Down in the trenches in the bear market, grinding hard af when no one was interested.
Then enduring this record-breaking consolidation when most believed it was never going to happen.
Enjoy it, chads.
The biggest and best part of the run is next.
We let BTC makes new highs and top out...
Then we finally get out alt szn.
LFGGGGG.
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