YCC Crypto Alpha #52
Our latest community alpha & 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
Don’t fade this coin - it’s going to be big!
YCC portfolio updates
Market tip of the week
Latest market outlook
TLDR: Since mid-January, Bitcoin has been moving sideways around 100k without a significant breakout in either direction. This consolidation may continue for some time, but in February I expect a major move.
Right now, Bitcoin is mirroring the price action from February 2024 (see green boxes below). If that also holds true in February 2025, Bitcoin could have a major breakout that can see it go much higher (see orange boxes).
As long as Bitcoin does not fall under its current box in green, the bias remains bullish. The probability of a breakout to the upside also increases the longer Bitcoin sits above 100k as that will encourage buyers. How high can it go?
A target of 150k is a realistic and conservative one. Bitcoin did not really make a top in this cycle which is usually characterized by widespread market euphoria and a sharp price increase with solid volume.
When the market gets heated, a 10% pump by Bitcoin will mean an increase of 10k to 15k in a day. This is why the 150k target may easily be exceeded, so leave some room for that possibility. For now, I remain bullish based on this price action and I have more to say on this at the end - see market tip of the week.
Don’t fade this coin - it’s going to be big!
In Alpha Post #51, I spoke about three altcoins that are outliers. That meant they stood out among the crowd. One of them was ONDO. Not surprisingly, it pumped 15% after my last alpha post.
This next coin today is an outlier that goes beyond its price action alone, which was impressive to date as well. In crypto, you rarely have coins that bring something new to the table, and this one, definitely does!
Let’s begin.
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