Your Top Crypto Alpha #83
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 curated alpha:
Latest Bitcoin price forecast
Top 3 Altcoins This Week!
Market tips of the week
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Latest Bitcoin price forecast
TLDR: Bitcoin dropped to 80k last week and may have formed a local bottom for some time. With bears resting now, buyers can push BTC into a bounce towards the 102k resistance.
As expected, the loss of the 102k support led to a massive drop that touched 80k briefly. The 84k fib level acts as support right now and a sustained relief rally is likely since sellers are exhausted after this 36% crash from ATH levels.
The question is if this relief rally will end up as a dead cat bounce that will lead to new lows or can it break that 102k resistance to attempt new highs? Momentum indicators would suggest we’ve entered a bear market, but past fractals give hope of a sustained reversal.
The below chart shows Bitcoin’s March 2023 crash in blue overlayed on its current price action. The similarity is uncanny and may suggest Bitcoin could make new highs in early 2026. A 36% crash is also not atypical for a bull market. Either way, we should know by end of December or early 2026 if this is hopium or a valid play.
My bias turned bearish since BTC lost 102k. If that level is reclaimed as support, then new highs are likely and my bias will shift bullish again. Until then, watch closely how the price moves once it approaches 100k.
This relief rally can also give a good boost to altcoins that could net some solid returns as we enter December. I expect December to be a green month after a red October and November. Let’s look at that next.
Top Three Altcoins This Week!
With Bitcoin about to rally towards 100k, it is not a bad idea to get some exposure to altcoins that can outperform in this period. Since many alts dropped quite a bit lately, they can also enter a sustained relief rally that is worth a bid.
Below, I have three altcoins for you to consider.
However, if you’re more risk adverse and want to protect capital, you can also farm solid yields on your stablecoins using Fluid. I suggest joining my USDai team, then deposit USDC on Arbitrum in this Fluid sUSDai/USDC pool (see image below).
That’s 12% APY right there plus an airdrop later since you’re also farming 10x allo points against your USDC deposit. This is an easy win considering current market conditions.
Having said that, let’s look at my Top 3 Altcoins this week that can outperform Bitcoin by a factor of 10x during this relief rally.
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