An interesting statement, considering that the S&P 500 has already lost $5 trillion since February 19th. This is the strongest drop in the index since 2022, when there was a bear market.
Maybe he was referring to the real estate markets in Dubai? 😅
Litecoin (LTC) is in a primary bullish trend on a weekly basis and is currently in a correction phase. But with the return to the support at $50, the bulls could regain the advantage!
👉 sector: Layer 1 👉 weekly situation: primary bullish trend and in correction for several months
Now let's move to technical analysis:
➡️ bullish signal: maintain support and $45 at close + bounce beyond moving averages (EMA13/MA30) + close above $85 + bullish momentum (break of the trendline on the RSI) ➡️ possible targets: $160 / $236 / $445 ➡️ invalidation: close below $45
💸 Bitcoin: this BULLISH signal is highly anticipated!
On-chain analysis is particularly interesting for understanding the behavior of crypto investors.
🔍 Thanks to on-chain analysis, we can obtain the evolution of the number of addresses holding between 100,000 and 1,000,000 BTC.
This is the chart of the day that I’m sharing with you!
Why is it interesting? 📊
💰 As you can see, a bullish signal appears when the orange indicator starts to progress like in 2015, 2018, and 2022. A peak on this metric indicates an accumulation of these large wallets, and often, it corresponds to the bottom of BTC…
For now, I don’t have a bullish signal on this indicator, but we need to be attentive to a potential rise in the orange curve in the coming weeks!
The peak of Bitcoin occurred around $126,000 in October.
And it turns out that it was recorded 534 days after the halving!
👉 As you can see, the peak was marked more or less at the same time as during the two previous cycles...
If we base ourselves on the previous cycles and assuming that the 4-year cycles continue, we could have a market low 910-920 days after the halving. ⚡️
And that would bring us to a bottom for September or October!
No one knows if the cycles will continue to exist 🤔
The price of Ankr (ANKR) has been bearish for several months, but there are bullish divergences (price is falling and stochastic is rising). Exhaustion of the bears on this altcoin? I'm sharing my analysis!
The price of Sui (SUI) has been in a bearish trend for several months. But for the past few weeks, the price has been consolidating, and if the bulls regain control, SUI could start to rise again!
➡️ bullish signal: maintaining 0.79$ at close, moving above the moving averages (EMA13/MA30), closing above 2$, RSI crossing above the trendline (bull momentum) ➡️ possible targets: 5.2$ / 9.3$ / 24$ ➡️ invalidation: loss of 0.79$ at close
After a violent drop, the price of CRO is back on an important support at $0.07. This is where the bulls must react to have a new bullish period!
👉 sector: Layer 1 👉 weekly situation: on a key support
Moving on to the technical analysis:
➡️ bullish signal: staying above the support and the closing low at 0,067$ + bouncing above the moving averages (EMA13/MA30) + closing above 0,11$ + bullish momentum (stochastic coming out of the oversold zone) ➡️ possible targets: 0,18$ / 0,245$ / $0.4 ➡️ invalidation: closing below $0.067
💸 Investors are choosing Bitcoin!\n\nLast week, the Bitcoin price validated a negative close below the threshold of $70,000.\n\nAnd yet, investors are present: + $230 million in crypto investment products 🚀\n\n4th consecutive week with inflows\n\n📊 It is interesting to note that Ethereum has been neglected (- $27.5 million) and here are the assets that have captured capital: \n\n👉 + $220 million for Bitcoin\n\n👉 + $3 million for XRP\n\n👉 + $17 million for Solana\n\n👉 + $4.6 million for Chainlink \n\n$BTC $SOL $XRP \n\n\n\n\n
➡️ bullish signal: stay above $1.65 at close / rebound above moving averages (EMA13/MA30) / break of the bearish trendline / close above $2.7 / bullish momentum (break of the trendline on the RSI)
$IOST is trading inside a strong downtrend and is currently testing the $0.00107–$0.00118 demand zone. Price is also approaching the descending trendline, making this a key decision area. A breakout above the trendline could trigger a relief move toward $0.00160 resistance. However, if the demand zone fails, the bearish trend may continue to new lows.
Bittensor (TAO) recorded an impressive increase last week. The price rose by more than 55%. And it may not be over for this asset which managed to return above the support level at $200...
👉 sector: artificial intelligence (AI) 👉 weekly situation: in correction
Let's move on to technical analysis:
➡️ bullish signal: maintaining support and $144 at close + moving beyond the moving averages (EMA13/MA30) + closing above $300 + bullish momentum (break of the trendline on the RSI)