CrediBULL Crypto

“@regularuzivert https://t.co/lTeXfGJ3d4”

“And yes, it's not a coincidence that the $CRV setup here looks almost identical to the $BTC setup in my last tweet. They are BOTH primed to make new local highs as long as we hold these local regions on the downside- which I believe we will. On $CRV, we have approached the reversal zone covered in my last video update which was shared here a day or two ago. Now, we wait.”

“I do think a LTF reversal is imminent- wouldn't mind a scenario like this in which $BTC holds a higher low while $ETH makes a marginally lower low on this current drive down before a reversal on both. $ETH showing more weakness here just as we expected and BTC with a much clearer path to new local highs into 90k+ vs $ETH which I think may struggle around the $2600-$2800 region. For now, let's see if we can get that reversal!”

“The upcoming weekly close on $BTC is relatively irrelevant for me. Here is what I am actually focused on, on higher TF's: Again, on LTF I am looking for a move up to take all the untapped liquidity above us (as per my chart here: https://t.co/XbuBN9K62O) however even if this LTF move plays out it does not change the fact that we are still pushing up against a massive, HTF supply zone and without impulsive PA there is a high likelihood of rejection once again as we form what is essentially a HTF consolidation range (orange) before the next impulsive leg to the upside. Meanwhile we have a massive liquidity void beneath us, and with the origin of our HTF impulse in the low 60k's, dipping into this liquidity void would not break significant HTF market structure and/or affect the HTF bull thesis in the slightest- it would again just be a deviation below our potential consolidation range in orange before the next impulsive leg up actually begins. As always, we actively monitor LTF PA for potential changes to the expected path, but for now and based on everything I am seeing at this time, this is the most logical/likely HTF scenario imo.”

“As mentioned in my last vid update shared here we have reached my downside target on $BTC and I am now looking for a LTF base to form inside our "bounce zone" which ideally leads to a full on reversal to clean up all the liquidity to the upside that we left behind. https://t.co/FahCyxGKKA”

“@Nieu_X I covered this in my last Youtube vid I believe- assuming we have just finished our 1st subwave of the extended 5th and have a 3rd and 5th subwave to go- could certainly play out over a year or two.”

“Ah well it seems I am in the presence of a legend here haha. Always wondered what it would have been like to live through those times. I think the problem with "cycles" is that everyone defines them differently. For example- my argument has always been that we are still in the first secular bull cycle on crypto (within which there have been a few cycles of a smaller degree). If you think about crypto relative to the SPX for example, it can be argued that our last major crash was the housing crisis in 2008, since then, and for nearly 18 years now, we've been in a broader bull market on equities or as I would call it a single larger secular bull cycle. Trad markets have been ramping up and will soon be going parabolic, which would make the end of that secular bull run. Crypto has only ever existed in this environment though, and in the same way that trad equities have essentially been in a raging bull since 2008, it is my belief that crypto has been in a larger bull since inception as well. In other words- the .com bust is yet to come imo (but not before that final parabolic phase on crypto that will imo, probably take us to 10T+ before a major collapse). In any case, only time will tell, but this has been my stance since Bitcoin was trading at 3k in 2018, and we are finally reaching the final quarter of that secular bull imo.”

“@KBRT93 We are on the brink of that move, this BTC/ETH pullback has just been a speed bump in the process, still shouldn't be too long though.”

“Like ETH, $BTC fell just shy of that sweep of the highs but is now approaching the 75-79k zone that I have been referencing for a couple of weeks now. I would expect at least an initial reaction off this zone- will have to see how PA develops after to know if it will be a full on reversal or not. If ethereum:native manages to sweep its triple lows on this drop while $BTC holds a higher low into this demand zone, that would be ideal, but let's see how we react to this zone for now and let things develop a bit.”

“@ixhybp7zu__ Its not tanking lol. BTC/ETH hit resistance where I repeatedly said to expect a pullback, and now we are getting one. Totally normal/expected.”

“Both $BTC and $ETH still tapped in their respective ranges, with the highs untapped. Would be very surprised if we don't clean those up before the larger move down. Trying to trade the smaller moves within these ranges is tricky- best to sit on your hands and wait for either extreme of the range.”

“Yea so that 300k upper limit was based on some ROI calcs relative to the larger macro cycle, but have been thinking about it and starting to think its possible we could technically even breach that. Don't necessarily think its likely atm, I think more realistically we end up somewhere in the 200k's.”

“Thinking the exact same here- that is, a reasonable chance BTC takes these highs and ETH leaves them behind (for now) as it seems to be the weaker of the two here. This also makes sense in the context of what we are expecting to follow- which is a bit of a deeper correction on $ETH relative to $BTC in the coming days/weeks.”

“Just barely missed our local highs on that last push up on $BTC before getting slammed back into our range. Still have the same expectations for both $BTC and $ETH for now. That is, looking for liquidity to be taken to the upside before a "larger" correction back down. This again is in context of the broader, higher TF outlook which is continuation of the larger uptrend to new all time highs after the "shakeout" that is being described here.”