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BTCfuel Profile picture
@BTCfuel
Jan 23, 2022 • 14 tweets • 6 min read • Read on X
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Who's ready for an insane #altseason?
A short thread about how #Bitcoin is right now setting up for a historic altseason and second part of cycle
Most people do not realize Bitcoin is still very early in it's cycle. Compared to last cycle, crypto is now between what I call wave 2 and 3. Wave 3 in 2017 happened in the spring of 2017 with an insane altseason and alts outperforming #Bitcoin
I believe the low volume is an indication of the silence before the storm
It looks like #Ethereum is confirming this, with an almost exact cycle setup as previous cycle, preparing for a huge altseason
The OTHERS chart which are the top 125 alts (except from $BTC $ETH and some top alts). It just did an important retest. This is the altseason trigger. This dip is just a higher low in an uptrend for the alts
The OTHERS Dominance chart also shows a breakout retest. Resistance turning support. This altseason will be about the bulk of alts outperforming ETH and BTC
I think $ETH is parabolic against $BTC.
I believe the flippening could happen. This could be close to the peak of this altseason. I see the possibilty that alts will then start correcting and Bitcoin will go for its final leg, and where most altcoins only deadcat bounce in Bitcoin's final leg. (not sure though)
The Dotcom bubble peak was 7 years after WWW launch. #Ethereum was launched 30 July 2015. 7 years later would be 30 July 2022. I believe the altseason my could extent into Sep - Nov. (Because of parabolic bases in ETHBTC chart and ETH temporary dominant)
The Dotcom Bubble was about 6 Trillion. Adjusted for inflation this would be about 10-20 Trillion nowadays. The big difference now is that buying stocks/crypto is way easier. You can even do it from a phone yourself
For now I think Bitcoin has almost bottomed out. This is where I think #Bitcoin is in its dip. I believe Bitcoin will recover quicker than most people think right now.
It looks like this dip is the trigger for the next big run, just like the March 2020 crash. When lots of people thought a bear market had started.
Higher timeframe RSI is now on support. #Bitcoin looks very similar to the Dow Jones. Good times ahead!
The end

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More from @BTCfuel

BTCfuel Profile picture
Mar 17, 2022
1/ When #ALTSEASON THREAD🔥🔥

In this thread I am looking at #crypto market structures to assess when an #altcoin market peak should happen and as a consequence #altseason, which happens in the weeks before the peak
2/ To assess when the next #altseason peak will happen, I’ll be looking at charts of #Bitcoin, #Ethereum and the dominance of #altcoins of the different past altseasons. By aligning them “correctly” structure-wise, I found this provisional target zone when the peak should happen
3/ Before getting started, where are #altcoins in their “market curve”? When compared to #Bitcoin one can see that they are entering the final leg up of the hype phase. This is the altcoin bubble. Bitcoin on the other hand is in the liftoff phase
Read 23 tweets
BTCfuel Profile picture
Mar 9, 2022
MASSIVE #BITCOIN PUMP SOON?? 🔥🔥🔥

Bitcoin and the stock markets are both in a similar structure and macro-economic situation as in 2018 - 2019. Back then this led to a #Bitcoin pump when stocks were capitulating. A new Bitcoin pump soon?

A THREAD on this comparison 👇

(1/9)
Yesterday a tweet caught my attention. Apparently stocks are following a same pattern right now as in 2018. A similar setup led to a capitulation in the stock markets. Lots of indicators are also the same. This capitulation could happen again soon

(2/9)

I already made remarks too that this #Bitcoin correction also looks very similar to the 2018-2019 bear market

(3/9)

Read 9 tweets
BTCfuel Profile picture
Feb 16, 2022
#Bitcoin & #Altcoins mini-thread

In this short thread I share valuable insights in the mid term and long term market structure for #Bitcoin & #Altcoins
Every #Bitcoin bull market / parabola has 3 consolidation stages. The further the bull market progresses, upwards pressure increases, the more these structures start pointing upwards

Bitcoin is now in the neutral stage. The rising wedge is the structure before the final run
The rising wedge before the top also happened in other markets such as the Dow Jones in the 20's and the during the Dotcom bubble of the NASDAQ
Read 14 tweets
BTCfuel Profile picture
Feb 11, 2022
#Bitcoin and #Altcoins have a different cycle length

They were almost aligned in 2017, but are now shifting apart. I believe #altcoins will peak before #Bitcoin.

These are the patterns I'm looking at right now to have an idea where altcoins and Bitcoin could be heading to. Image
#Altcoins are in the hype phase, like Dotcom bubble Nasdaq and Bitcoin 2010-2014

#Bitcoin is now its lifoff phase following Gold 1999-2011 in the same phase Image
The NASDAQ pattern is an interesting example for #Altcoins because both are 2 hyper-innovative techmarkets with an enormous size. Because of the size and same characteristics it wouldn't suprise me that history will repeat, like it always does

Read 5 tweets
BTCfuel Profile picture
Feb 9, 2022
1/ #Bitcoin price thread: 2022 and beyond

In this thread I am dissecting the #Bitcoin price with a ton of insights. I will also share my vision where the Bitcoin is heading and how the Bitcoin price will behave in the future!
2/ The basic thought throughout this thread is this. When you are looking at the #Bitcoin price you are looking at a superposition of investment behaviors. This way I identified 3 major layers. The Bitcoin price is the combination of 3 layers or behaviors
3/ Layer 3 is the base layer. Over time the world will adopt the #Bitcoin network. Layer 3 is about this adoption. This adoption is similar to the network adoption of e.g. the internet or Facebook. Layer 3 is the main support of the bitcoin price (bottom chart @raoulgmi)
Read 28 tweets
BTCfuel Profile picture
Dec 30, 2021
1/16 Understanding signal and its energy

In this thread I explain in an easy way the importance of understanding signal and its energy. Conceptual thinking in terms of signal and energy will give you deeper understanding of Bitcoin, the (crypto) markets and indicators Image
2/16 What is a signal actually?

A good definition for a signal is: “meaningful information that you are trying to detect”

The part that is not signal, one calls noise: “random, unwanted variation or fluctuation that interferes with the signal” Image
3/16 A signal can take on many different forms. Any type of quantity can be a signal Image
Read 16 tweets

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