The NASDAQ is on its way to print a new ATH. Shoutout to the lads still waiting on a 2008-style meltdown.
A perfect bounce off all support lines for OTHERS.D. Technically, this has to be the start of altseason.
The MACD is looking bullish on the 4-hour timeframe. The last time this triggered a significant upmove.
OTHERS.D is testing the lower band of its parallel channel and the support band of the monthly RSI. This could be the final shakeout. ...Or the death for several altcoins if we break below.
If BTC is able to reclaim 107k, the current breakdown may turn out to be a fakeout, and we could be looking at 115k.
We're seeing a low-volume breakdown on the daily timeframe, which could suggest a fakeout below the range.
While we are trading below the golden pocket again, the daily MACD is also about to cross bearish again. The weekly MACD may do so as well by the end of the week.
While BTC is hovering below 110k again, ETH is attempting a breakout on the daily timeframe. If ETH outperforms BTC, it would be a good signal for altcoins in general.
Ethereum (ETH) may be facing a range breakout, which could trigger the next leg up.
For more upside, BTC has to break the January ATH for good. Currently, it is acting as resistance.
Hopefully, BTC will break this; otherwise, we're looking at a significant bearish divergence on the weekly timeframe.
Daily RSI looks like a dump is incoming, but can BTC avoid it?
The ETH price is stuck in the golden pocket of the previous down trend. If it breaks above that, it'll confirm the trend change.
BTC.D broke above the golden pocket of its previous down move, and the daily MACD crossed bullish. It looks like another leg up.
The PYTH chart is ugly, but at least there's a parallel channel. ;-)
The technical target has been met. Now, we're going beyond.
If we call this a range, then 225k is the target, which would be very possible by October 2025. That's when I personally see Bitcoin topping out.
The stock market crash of March/April 2025 looks almost like an exact replica of the COVID crash.