Thatβs the most important question you should ask yourself. π€
You probably own some Bitcoin, Ethereum, or Solana and are sitting on a profit. π Now, youβre wondering: Should you buy more, or should you sell and walk away with a profit thatβs... not life-changing? π΅
Our goal here is simple: to consistently make money in all market conditions. π But to do that, itβs crucial to understand where we are in the cycle (every token has its own unique cycle) and identify the ones that still have potential. π
Wickie is a great platform where you can buy cryptos, convert them into fiat currencies and unlock financial freedom with Wickie IBAN!
But Master, how to identify tokens that have potential right now? π
Thatβs exactly what weβll discuss today. ποΈ By looking at past performance, we can uncover some straightforward answers. π
The market is bullish, but you better wait for the 3-Day Cycle to drop
The image above sums up the entire emailβliterally. πΌοΈ If you can interpret and apply this to your buying decisions, youβll make additional profit in this market. π°
π Know the next move in Bitcoin before it happens, subscribe here!
Compare Bitcoin now to Bitcoin a year ago: β³π
NOW
The 3-day Cycle is coming down, and the market is consolidating
1-year ago
The 3-day Cycle was falling, and the market was consolidating
Got that dΓ©jΓ vu? π Exactly. The cycle indicators (all four of them!) are showing the same patterns they did in December 2023. ππ
So now youβre impatient and askingβwhat happened next? π€β¨
Almost two months of market consolidation
Over the next two months, the cycles did their jobβthey dropped while the market cooled off and declined ~20%. πβοΈ Bears started calling for a 2019-style crash, but we knew better: the market was gearing up for another breakout. π
- The 1-Week Cycle fully reset, spending four weeks below 20. πβ
- The 3-Day Cycle briefly bounced to 20, only to fall for another 15 days. π
- Finally, the second green stripe gave the ultimate buy signalβa 1-Day Cycle below 20, a rising 3-Day Cycle, and a 1-Week Cycle below 20. ππ‘
But Master, how can you be sure this will happen again?
You can never be 100% sure. π€·ββοΈ Thatβs why you must take calculated risks. π―
Master, how did you handle the last cycle?
You see those two green stripes? β
Thatβs where I bought.
On the first stripe, everything lined up perfectly:
- The 1-Day, 3-Day, and 1-Week indicators were all below 20, signaling a strong buy. ππ‘
- The market had retraced ~12%, confirming the bullish trend was still intact. πβ‘οΈπ
- The 60-Day Cycle low was just around the corner. β³
When the $40K level broke, I recognized the bottom volatilityβit was a sign we were bottoming in the 60-Day Cycle. β‘ I didnβt catch the exact bottom, but I waited for the 1-Day Cycle to reset and bought again at the second green stripe in early February. π
The result?
The market resumed its climb, gaining another 50% from my entry point. ππ
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The Current Plan
Iβll take a similar approach this time. However, considering the possibility of a left-translated cycle (shoutout to Bob Loukas for introducing this concept in 2022), I plan to reenter Bitcoin when the 1-Day and 3-Day Cycle indicators drop below 20βwithout waiting for the 1-Week Cycle to reset fully. π Historical data suggests this could be another great entry point. π
Alright, I want to know why did XRP and XLM soar while others didnβt? π€¨
We briefly covered this in the last newsletter, but many of you asked for more details. π
$XRP πͺ
Support line since 2014 in the XRP/BTC chart
- Support line since 2014 on the XRP/BTC chart. ππ’
- A 1-Week Cycle bottom + strong support line = higher bounce potential. ποΈββοΈβ¨
This has nothing to do with XRPβs fundamentals or its stagnant development over the past decade. β³β
Itβs a temporary bounce. π If you were part of it, congratulations! π Sell at the 1-Week Cycle top and move onβthis coin isnβt worth holding long-term. πͺπ¨
$XLM π
XLM/BTC has a strong support line since 2017
- Strong support line since 2017 on the XLM/BTC chart. ππͺ
- Same story: XLM touched a key support area and bounced hard from the 1-Week Cycle bottom. ππ’
Master Tip
π Always watch the [COIN]/BTC chart instead of the [COIN]/USDT chart. πβοΈ
π The BTC pairing offers better insights into potential bounces. π―π
Master, where do you buy coins?
π‘ Decentralized Exchanges (DEXs):
- My go-to choice whenever possible. ππ
- For investments over $5Kβ$10K, though, DEXs often lack liquidity, leading to higher purchase prices. ππ°
π‘ Centralized Exchanges (CEXs):
- Not loyal to any specific platform. π€·ββοΈπ
- I buy coins, transfer them to my wallet immediately, and only use CEXs for short-term trades.
- CEXs make managing P&L, entries, and exits easier. β π
When choosing a CEX
- I stick with established platforms that have survived previous cycles. ποΈβ³
- Example: BitMex has been around for over a decade. If I were buying XRP, LINK, BTC, or XLM, Iβd choose a platform like that. π πΉ
By the way, I recently met a BitMex manager offering $25 free to anyone registering with my link. π€π
Feel free to check it out and let me know what you think. π¬π§