As you know, I don't trade Bitcoin, but it's one of the main references for market direction.

I've been buying more $XMR, $XLM, $BCH and privacy low caps.

https://x.com/CryptoCapo_/status/2029126670548930892?s=20

More and more bullish confirmations.

GM

Key zone here. Bullish continuation needed soon.

This is where those who went short between $60k-70k start adding size or margin to their positions, which increases upper liquidity.

Their target is below $60k. I don't doubt those levels will be reached eventually, but not yet. The most likely scenario is up for now.

Let's see how this plays out.

Some thoughts.

Have a good weekend.

https://x.com/CryptoCapo_/status/2029871343576010872?s=20

$BTC

Strong demand here, but it has to reclaim $70k, and ideally $72k.

Next key level would be $75k.

Rescue team has arrived.

GM

Resting is as important as working, if not more.

Don't forget to disconnect from the noise and connect to nature, especially in low volatility moments. Once the analysis is done, set alerts and let the market decide.

A clear mind is the best in these situations.

Have a good Sunday!

#Market update

Very clean chart for #OTHERS (Altcoins market cap). Same HTF setup as the one after Oct. 10th black swan.

$BTC still needs to reclaim $70k, but it's starting to show strength on lower timeframes.

HD chart: https://www.tradingview.com/x/KZVkp0tn/

https://x.com/CryptoCapo_/status/2030984799653937606?s=20

GM

$70k reclaimed ✅

Now we need to see strength at these levels. Then $75k and higher should be next.

I'll be writing a post about timing, patience and mindset over the next few days.

https://x.com/CryptoCapo_/status/2031832252280135949?s=20

Some selling pressure here for $BTC, which has to stay above $70k.

Current range: $65k-75k

Interesting how, despite being most of the votes from my followers (and my bias is clearly bullish), the majority is still bearish.

The state of the market.

https://x.com/CryptoCapo_/status/2032169073430106148?s=20

$BTC keeps showing strength.

$2k higher, results have changed a bit. But the valid ones are those from yesterday.

#DXY update

7 months later, the dollar is reclaiming the 100 level.

Clear example that HTF analysis takes time to play out.

Remember.

Have a good weekend.

Interesting how the $SOL chart shows a wick to $184, exactly the resistance level I'm expecting ($170-200).

GM

$75k reached ✅

Now what?

It's normal to see some rejection off this level, because it's a key one.

Not sure where the next LTF higher low will be. Could be $74k, 73k or 72k. It doesn't really matter. Bullish continuation should occur soon.

And the next target should be $80k and higher.

LTF rejection likely over. Higher soon, especially for alts.

It finally reached $72k. Same plan.

Green days ahead.