YCC Crypto Alpha #29
Our latest community alpha & portfolio updates.
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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
How to make money stress-free!
YCC portfolio updates
Market tip of the week
Latest market outlook
TLDR: Bitcoin is currently holding above the 64k support. Buyers must do all they can to defend this level. The alternative is more pain, especially for altcoins. Either way, the future for the largest cryptocurrency is bright.
Nothing has changed for Bitcoin as it continues to move sideways. The hope was that the summer months would bring some momentum that could challenge the current all-time high at 74k. It seems we will have to wait longer for a breakout, but it will come. The video at the end of this section explains why.
The current support at 64k was well defended so far and the coming week may be decisive in where BTC goes next. If buyers fail to hold here, then Bitcoin could re-test the support at 58k or maybe slightly higher at 60k.
While that would not be a big deal for the biggest cryptocurrency, it would spell disaster for some altcoins that already crashed by 50% or more. Either way, the long-term outlook for Bitcoin remains bullish. Just take a look at this video that shows BTC will reach $1 million between 2031 and 2036.
If the altcoin market continues to remain bearish while Bitcoin consolidates, then I suggest you apply the following strategy to print money while you wait for better market conditions.
How to make money stress-free!
You can make $200 or more per month doing nothing right now. To do so you only need one of these: BTC, ETH, or USD.
The idea is simple. Instead of gambling in this flat market which has a poor risk/reward ratio, you can make money stress-free. You do this until the market returns on an uptrend. At that time, you start speculating again.
Our Patrons are all over it already. Here’s how you do it.