Once You See This Happen, Buy These Crypto’s Like Crazy!

Bitcoin Price Analysis

• Bitcoin is approaching the $100,000 market, currently trading at $97,000.
• The key psychological level of $100,000 is also a technical level, and breaking above it could lead to a significant price increase.
• However, there is a possibility of one more rejection from this key zone before a potential breakout.

Stock Market Influence

• The stock market, particularly the S&P 500 futures, can provide early leads and answers for Bitcoin's price movement.
• The S&P 500 futures have a major support level around 5,650-5,700, which could influence Bitcoin's price.

Timing Cycles

• The Gaussian channel on the weekly time frame can help time Bitcoin's cycles.
• The channel has turned green, indicating a potential bull move.
• Historically, the time from the channel turning green to the cycle top has been around 66-120 bars (462-840 days).

Price Targets

• Potential upside targets for the end of the quarter are around $120,000-$130,000.
• For the end of the crypto cycle, potential targets are around $180,000-$200,000.
• However, these targets depend on the speed of the price movement and controlled growth within Bitcoin.

Altcoin Analysis

• Some altcoins, such as Solana, are reclaiming their yearly opens, which could lead to a potential breakout.
• Other altcoins, such as Sui, are struggling and may need to break above their early opens to confirm a high low.
• The altcoin market is expected to follow Bitcoin's lead, and a breakout in Bitcoin could lead to a significant price increase in altcoins.

Trading Strategy

• It's essential to manage risk and identify invalidation levels when trading.
• Buying in close to invalidation levels can help minimize risk and maximize potential gains.
• The use of trend trading tools, such as the super guppy indicator, can help identify potential trading opportunities.