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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
It’s time to pay attention - altcoin season?
YCC portfolio updates
Market tip of the week
Latest market outlook
TLDR: Bitcoin broke above 64k to make a higher high. This is the first time it happened in over six months. To say this is significant is an understatement. This is a major breakout in market structure. Get ready - the bulls are back!
We could not have asked for a better end of September with our 40th alpha post! If this monthly candle closes above 64k on Monday, then it will be considered a bullish engulfing candle. In short, the bears have lost and bulls are back in control.
The next major resistance levels are found at 69k and 74k which is also our current all-time high. If this momentum continues, it won’t be long before these levels are tested, probably before the end of the year.
A pullback at some point around these targets will be likely, but I don’t expect it to last. Use any opportunities to get exposure to Bitcoin, because going forward, discounts will be short-lived and likely shallow.
This is also a great news for altcoins, but critical months await. Scroll down.
It’s time to pay attention - altcoin season?
We’re entering the most important period in this cycle. The last time we were in such a moment was back in January-March 2024 when everything pumped. Are you ready for round two?
In my last alpha post I mentioned five altcoins I had my eyes on. A week later, here are the results (post time vs most recent high):
Coin A +33%
Coin B +14%
Coin C +36%
Coin D +20%
Coin E +3%
Do you see where I’m going?
Here’s the evidence for it if you are still skeptical. The total altcoin market cap without BTC and ETH just had a major breakout! Don’t trust me, trust the chart.
Basically, everything is lining up for a major rally. Bitcoin is breaking out and altcoins are breaking out as well. Where does that leave us?
We’re at the start of a major new rally. The crazy period will begin when Bitcoin makes a new all-time high. That will be reminiscent of March 2024. By then, everything will pump and your mother will call you about crypto.
Why do I say to pay attention?
Because that’s the moment when you need to strike and secure massive profits by selling. The bigger the euphoria, the more you should sell. Especially once Bitcoin is over 100k.
The altcoins I mentioned in my last alpha post are just a few examples of quick double-digit profits. In what follows, I give you my top three market opportunities in the coming months for even better returns. But before that, let me first start with my take on where we are in the altcoin cycle.
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