We are entering the final stretch of the BTC bull market. Compared to the 2018-2021 market, BTC still has 5-10 months until the end of the cycle. If we experience similar gains as last run, the price of BTC could very well reach 200k at its peak. The path of progress will be messy, as we've entered the distribution phase which will hover above the 100k level for the next 5-10 months, with multiple major corrections along the way. I highly doubt the price of BTC will fall below the previous 73k ATH. This forecast bodes well for those holding altcoins, as we can expect to see a violent increase in prices over the next several months. There will be at least 1 major sell-off during this distribution phase, from which the top of the bull market forms and the bear market ensues. I will exit the market if 1) BTC hits 200k, 2) we reach the end of 2025, or 3) the price firmly closes below the weekly 21 EMA. Bottom line: brace yourself for volatility and prepare to exit the market. Happy trading, Melonfarmer
So, is Tate's SteadyCoin a scam? I don’t know. Honestly, I don’t care. Here are my key levels where I’ll short and buy in heavily. Because, let’s be real, at one cent, what could possibly go wrong?
ATH Ethereum (ETH) could surpass its all-time high (ATH) as early as 2024. After that, there could be a long and strong price rise comparable to the recent rise in Bitcoin's price. Ethereum's ATH was $4,868 in 2021. Technical Analysis Former Goldman Sachs top executive Raoul Pal, now Co-founder & CEO of Real Vision Group and founder of Global Macro Investor (GMI), shared his market view on Dec. 7. He believes that Ethereum is approaching key price levels. He also provided a screenshot from his Bloomberg terminal. In this image, we see a chart of ETH/USD using a logarithmic price scale. https://www.tradingview.com/x/5p5agZ2W/ I created the same chart but updated it since some time has passed. Here's what I got: you can see that the price has already broken above the upper boundary of the pattern. https://www.tradingview.com/x/tceh0diI/ Using the regular price scale, you can easily notice that the price is close to the previous local maximum. Once it is exceeded, a bullish signal will be triggered. https://www.tradingview.com/x/ajIHsm3o/ On a smaller 4-hour timeframe, we can identify a "Bullish Pennant" pattern. Its target is $4,320. https://www.tradingview.com/x/MLpwi7VJ/ Summary If the Ether price exceeds the local high of $4,094, there is a high probability that it will surpass its all-time high (ATH). This could happen as early as this month.
Trend setup. Potential longs from high volume. Good confluence with the lower deviation of the monthly VWAP.
If ATOM closes tomorrow the weekly candle above $10 will show an intent to reach higher prices, it is breaking the value area high from 2024 alongside with moneyflow increasing and strong momentum. This could lead ATOM to reach the value area low from last bull run in confluency with fibonacci levels and anchored vwap from sep 2021. TARGET: $19,9 to $22,6 up to (+125%)
Based on technical factors there is a Buy position in : ? ALGOUSDT ? Buy Now ?Stop loss 0.4242 ?Target 1 0.6262 ?Target 2 0.7676 ?Target 3 0.9696 ?RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes? and comments?
Please pay special attention to the two accurate trends, very accurate channel, and colored levels. The chart is very sensitive and you should be very careful with your capital. Be careful BEST MT
USD INDEX is bullish for the short term... but bearish in the longer term. This week will have opportunities for short term long positions. Just be mindful not to swing for home runs! The larger pullback seems to have started, so the bears are coming! Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Looking at the chart above, we can see on the right how Nvidia has been trading within a channel since its existence, until recently it seen a break above and a clear re-test and continuation from this level, setting new boundaries for their stock price as a result of AI developments. We can also see on the left SMCI, who's chart looks very similar, having just broken an retested that same upper channel resistance level before continuing higher. Lets have a look at why this may be the case: Super Micro Computer, Inc. (SMCI) Focus: SMCI specializes in manufacturing high-performance servers and storage systems, including AI-optimized servers critical for mounting AI chips from companies like NVIDIA and AMD. They do not manufacture chips but complement chipmakers by enabling AI infrastructure development. AI Expansion: SMCI has seen significant growth, with fiscal 2024 revenue reaching $14.94 billion (up 110% YoY). The company is leveraging partnerships with NVIDIA and AMD, tapping into the AI server market, which is projected to grow at an 18% CAGR until 2032. Market Position: SMCI holds approximately 10% of the AI server market and aims to expand this to 17% in three years, driven by increasing demand for AI-powered hardware and systems. Market Cap: Around $16 billion as of recent data. There’s significant growth potential as it rides the AI wave, potentially leading to valuations closer to NVIDIA’s over the long term, depending on market execution. NVIDIA Corporation (NVDA) Focus: NVIDIA dominates the AI chip market with its GPUs, which power most AI applications, including training large language models. The company also ventures into software and data-center solutions. Recent Growth: NVIDIA reported $26 billion in Q1 2024 revenue, up 262% YoY, with EPS growth of 461%. Its dominant market position allows it to maintain pricing power and capitalize on increasing AI infrastructure investments. Market Cap: [/b ] NVIDIA’s market cap exceeds $1 trillion, reflecting its status as a cornerstone of the AI industry. Its control of the AI chip market gives it an edge in capturing future demand as global AI investments grow. Comparison and Growth Outlook Complementary Roles: SMCI and NVIDIA are not direct competitors but operate in synergistic niches—NVIDIA supplies the chips, and SMCI builds the servers to host them. Growth Potential: NVIDIA benefits from its unmatched dominance in AI chip technology, while SMCI has room to grow within the AI server market. Analysts predict SMCI will grow faster proportionally, given its smaller base and increasing market share ambitions. AI Opportunity: The AI hardware market, including servers and chips, is expected to surpass $84.9 billion by 2031. SMCI and NVIDIA are positioned to capture significant portions of this market. Future Market Cap Projections SMCI: If it scales its AI server market share and revenue effectively, its valuation could rise significantly, potentially exceeding $50 billion within a few years. NVIDIA: Sustained leadership in AI chips could push its market cap further, perhaps toward $2 trillion in a bullish AI adoption scenario. Both companies are critical to AI infrastructure development and are positioned to benefit from global AI investments, but NVIDIA's established dominance contrasts with SMCI's emerging growth trajectory. Each offers unique investment opportunities tailored to different risk and growth profiles
This is a solid cup and handle. And it’s about to break out. Could go straight there. Or could have a test on that break out like. But in this cycle, I have high expectations for it.