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Rekt Capital

18 Feb, 11 tweets, 4 min read

1. Every time the Altcoin market has dipped as of late...

People forget that Altcoin Market Cap broke its 2017 highs

Let's take a look at the last time Altcoin Market Cap broke its old All Time High just to truly appreciate how significant an event this really is...

A thread:

2. Back in October 2020, Altcoin Market Cap was testing the same exact area that propelled Altcoins to reach the 2017 All Time Highs...

3. In the months since, Altcoin Market Cap has simply gone vertical

Altcoin Market Cap has been growing without pause until...

4. Altcoin Market Cap finally revisited the 2017 highs...

And broke them

Altcoin Market Cap is now in Discovery mode

But why is this so important?

Let's take a look at the last time Altcoin Market Cap broke its old All Time High to appreciate why...

#ALTSEASON

5. The last time Altcoin Market Cap broke its old All Time High (red)...

Altcoin Market Cap increased by +27,000%

6. If you like this thread...

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7. The first time Altcoin Market Cap rejected from its old All Time High in 2014...

It took Altcoin Market Cap over 1000 days (!) to once again revisit this very same old All Time High

And when it did - ALTMC then turned this same level into one of support (green)

8. And once Altcoin Market Cap finally broke its old All Time High in December 2016...

It took Altcoin Market Cap just over a year to rally +27,000% to new unimaginable highs

9. It is remarkable how history is repeating itself as we speak:

• It took Altcoin Market Cap over 1000 days to revisit its old ATHs

• Recently broke its 2017 highs

• May be turning this level into support (green)

• On the cusp of a new exponential uptrend...

10. If history continues to repeat...

Altcoin Market Cap will soon turn the 2017 highs into an area of support

And then springboard into an exponential uptrend that will see Altcoin Market Cap grow by +1000's of %

This uptrend could take up to a year to peak

11. Altcoins are still very early on in their macro Bull Market

Altcoin Market Cap breaking to new ATHs is a testament to that

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More from @rektcapital

Rekt Capital

@rektcapital

28 Jan

1. Here's a thread that will change how you view #Bitcoin Bull Market corrections...

2. Let's divide the 2017 #Bitcoin Bull Market into Quarters

There are a few important things to note:

• Uptrends are longer than corrections

Throughout its Bull Market, #BTC spends most of its time in an uptrend (green) compared to time spent in
a correction (red)

3. In fact, throughout the 2017 Bull Market, #Bitcoin spent 267 days in an uptrend and 98 days in a downtrend

That means that #BTC spent 73% of the entire year in an uptrend!

The average time BTC spent in an uptrend in 2017 was around 50 days

Read 11 tweets

Rekt Capital

@rektcapital

20 Jan

1. Where Could Bitcoin Peak In The 2021 Bull Market?

The #Bitcoin Halving is a major catalyst for Bitcoin's price

After every Halving, #BTC tends to rally to new All Time Highs

So where could Bitcoin rally to in this Bull Market?

Here's everything you need to know...

2. Let’s take a look at how previous Halvings have affected the price of #Bitcoin

The first #BTC Halving spurred 13,378% growth in Bitcoin’s price...

3. The second #Bitcoin Halving spurred a 12,160% rally

Read 14 tweets

Rekt Capital

@rektcapital

16 Jan

1. We often hear about WHERE might #Bitcoin peak in this Bull Market...

But we rarely talk about WHEN they might happen

Let's take a look at the curious role of time in the context of each of #BTC's Halvings...

2. How many days did #Bitcoin bottom before its first ever Halving?

378 days

How many days did #BTC top out after its first ever Halving?

364 days...

3. What about Bitcoin Halving 2?

How many days did #Bitcoin bottom before its second Halving?

546 days

How many days did #BTC top out after its second Halving?

518 days...

Read 8 tweets

Rekt Capital

@rektcapital

14 Jan

1. #Bitcoin has just begun its new Four Year Cycle

Which means #BTC has confirmed further exponential growth in this #Crypto Bull Market

Here's what you need to know...

2. $BTC's price action behaves in Four Year Cycles

Each candle represents a year

Candle 1 ensures exponential growth where BTC breaks to a new ATH

Candle 2 is where BTC is in a Bear Market

Candle 3 is where BTC bottoms out

Candle 4 is where BTC recovers & begins a new trend

3. Candle 4 serves a crucial purpose in setting up the new Four Year Cycle

Its aim is to eclipse the previous resistance that prompted a bear market for #BTC 's price a few years earlier (i.e. “Candle 2”)

In the first cycle, that level was $741

In this cycle, it was ~$13900...

Read 10 tweets

Rekt Capital

@rektcapital

17 Dec 20

1. "Which Altcoin should I buy?"

"When should I buy it?"

Knowing when to buy one Altcoin is one thing

Knowing when to time your exposure to Altcoins as a whole is another

Here is a thread about how to use investor Money Flow behaviour to know which Altcoins to buy and when:

Here is how money flows in #Crypto:

1. Fiat (e.g. USD, EUR, GBP)

2. #Bitcoin

3. Large Cap Altcoins (e.g $ETH)

4. Mid Cap Altcoins

5. Low Cap Altcoins

6. #BTC again

7. Fiat

3. Generally, when money is flowing towards $BTC, it is flowing away from Altcoins as a whole

It is during this time that BTC enjoys an uptrend & Altcoins experience downside

This is mostly due to investors panic-selling Altcoins in an effort to chase an exponential BTC uptrend

Read 12 tweets

Rekt Capital

@rektcapital

7 Nov 20

1. #Bitcoin is just finishing up its current Four Year Cycle

Which means #BTC is just under two months away from confirming further exponential growth in this #Crypto Bull Market

Here's what you need to know...

3. Candle 4 serves a crucial purpose in setting the stage for the new Four Year Cycle

Its primary aim is to eclipse the previous resistance that effectively prompted a bear market for BTC's price a few years earlier (i.e. “Candle 2”)

That resistance is ~$13,900

Read 11 tweets

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