YCC Crypto Alpha #27
Our latest community alpha & portfolio updates.
No time to scroll on X or Discord? I got you covered!
These posts are your gateway to our latest market alpha, top coins to watch, and community updates. They also keep our busy Patrons happy and informed.
This issue covers:
Latest market outlook
New market opportunities!
YCC portfolio updates
Market tip of the week
Latest market outlook
TLDR: Bitcoin is moving sideways around 70k and continues to consolidate under the all-time high. This flat trend has been going on for over three months. Eventually, the price will break away and make new records. This summer looks exciting!
Every time the price tried to move above 70k, sellers came back to push Bitcoin under this key psychological level. Since March, the price was unable to break into new highs, but this will eventually come.
The most probable time for a breakout are the coming summer months which will likely bring back FOMO into this market. The longer this consolidation, the bigger the eventual breakout.
While a move above 74k would put Bitcoin back on the offensive, the real euphoria will begin once it passes 100k. That’s what everyone is waiting for. I expect most of the market to pump at that point. What should you do?
Book profits!
Speaking of profits, I got several opportunities which I’ve spotted in the market lately. Scroll down.
New market opportunities!
In my previous alpha post, I mentioned to keep an eye on meme coins. A week later, check the top six meme coins. Most are in double digits profits! WIF, BONK, FLOKI, and PEPE are leading the charts!
I also got my eyes on a new meme coin that looks juicy and may pump soon. More on that at the end of this section.
Besides meme coins, there is another opportunity that just emerged in the market and those that pay attention will quickly notice it. What’s that about?
If you are a YCC Patron I already mentioned it on our Discord. Let’s explore that next.