Your Top Crypto Alpha #68

What's the best crypto alpha this week?

These posts are your gateway to our exclusive market alpha, top coins to watch, and latest technical analysis. They also keep our YCC Patrons ahead of the curve.

Here is this week’s alpha, curated just for you:

• Latest Bitcoin price forecast

• Three altcoins with a bullish narrative!

• Market tips of the week

TLDR: Bitcoin closed last week with a bullish engulfing candle that briefly touched 110k. Everyone anticipated a rally to an all-time high, but sellers returned to delay it. Despite that, the chart remains bullish and new price records should be expected.

This price action makes me extremely bullish. Bitcoin has been consolidating above 100k for months now and any drop was bought very quickly. Therefore, the only way for the price to expand is upwards. When it will happen, it will be quick!

In late June, Bitcoin re-visited my buy zone when the price dipped to 98k. This could be the last time we see that since buyers have been very aggressive to date. If you managed to buy BTC under 100k, congrats!

Keep an eye on the 110k level. As soon as that turns into support, the all-time high resistance at 112k will not last and buyers will FOMO as euphoria takes over.

I expect the incoming pump to be fast and aggressive since Bitcoin has been flat for months now around 100k. I don’t think there is much time left at current levels as the market is edging on a decisive move. It’s hard to be bearish here.

This means altcoins will also see much needed love and you should already be positioned to ride the most bullish narratives. More on that next.

In crypto, you have to spot the most important narratives to make sure you’re in the right boat when the money comes flowing. Pair that with the right altcoin and you can print.

This is not easy.

With altcoins multiplying, selection becomes even more important. If I were to give my best alpha tip in today’s market, then it is this:

Choose altcoins that create a bridge between traditional finance (TradFi) and existing crypto rails.

TradFi has plenty of money and crypto has the technology. Whichever ecosystem or protocol is selected by TradFi will have a huge advantage as crypto goes mainstream. Look at Circle (CRCL), the creators of USDC, their stock price pumped by 800% in a few weeks after going public.

Notice the trends and prepare for the next waves. They are coming and I have three altcoin candidates below, each in a slightly different niche.

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