Remember when BTC hit $69,000? 😏 You knew it was a signal, but maybe you hesitated. 🤔 Now, as BTC hovers around $88,000, FOMO is creeping in, tempting you to rush back into the market. 📈
Don’t. Follow the cycles and print money with me. 💰
GM traders, investors, and market speculators. 🌞I’m that “friendly” wolf 🐺 here to help fill your pockets during this bull market🚀
Now, you’re probably wondering: can Cycles really help us identify the local Bitcoin top? 🤔📈 Yes—and we’ll get to that. But today, let’s talk about filling your pockets by tapping into the altcoin market. Take a look at altcoin market capitalization:
Believe it or not, that’s the most probable scenario for the altcoin market. 📉📊 The "OTHERS" indicator shows the market cap of the top 100 altcoins (excluding the Top 10). 🪙 When we apply the cycle indicators here, we see the market hit a weekly high in October (the red line above 80) and has since been on a slow descent. 📆⬇️
However, did you notice what’s happening to the price (or better said—the market cap)? 🤔💹
It’s been rising, in tandem with the 3-day Cycle indicator (the violet line). 📈🔮
Sounds cool, Master, but what’s in it for me, the average Joe?
First, don’t call yourself average. 😉 After this bull market, you won’t be driving an average car. 🚗💨 “coughs”
Data speaks louder than words. Look at what happened last year in a similar cycle phase: 🔍
We’re in a nearly identical cycle now. 🔄 Heading towards Point 4, where the Weekly cycle resets, most will lose patience with altcoins. But next year, we’re likely to see altcoins outperform Bitcoin (at least in the short term). 🚀 That’s when we could see $LINK over $30, $SEI above $2, or $NEAR beyond $15. 💰
Reminder! I don’t speculate on asset prices—I track their cycle movements (up or down). 🧠 While I can’t predict exact prices, I buy during 1-week cycle lows and sell during 1-week highs, no matter the asset’s price. 💡
Thanks, Master. Which altcoins should I buy?
That’s your homework. 📝 Look for altcoins that are holding their ground against BTC (the ones bleeding the least in recent months). 💪 These are the ones most likely to perform well soon.
Here’s a good and a bad example: ✔️
Don’t get attached to your bags. ❌ $POL has underperformed for too long—you’re better off holding Bitcoin. Will it pump with other alts? Maybe, but the upside in $SEI looks far more promising. 🚀
Never invest against the trend, or you’ll lose your capital! ⚠️
I know that was a lot to digest. Remember what I promised at the start?
Master, I’m overwhelmed by all these Cycle indicators… Can I get access to your indicators?
They say only Jews answer a question with a question, but let’s do it.
Want access to my Cycle Indicators? Share this newsletter with two friends and message me your TradingView username. 📩
So, how do I know when Bitcoin reaches a local top? 🤔📈
Just apply the above indicator, setting “Cycle” on both Daily and Weekly inputs. 🧠🔄
Check it out: 👇📊
See those green/red color backgrounds on the chart?
That’s exactly what you’ll get with my Cycle indicator. 🎯 Isn’t it neat? No other tool shows you this clearly: “Hey, we’re overbought, time to sell!” 💡
Stay humble, avoid overtrading, and watch for my next newsletters—they’ll change how you see the market and help you make money with ease. 💰
