A question and we ask: Is the season of alternative tanks approaching or after? The simple answer is yes, but the time period is not the same, and I will tell you in this video what I have planned for the coming period, and if you like
this job, support me with a like, subscribe to the channel, see Subscribe, and welcome to you, my dears. Welcome to the Bitcoin party next month. Currently, it is trading at a price of 49,600 dollars.
The big question now is that what we are asking about Bitcoin has become much, much larger, but the alternative currencies after that did not move in the same proportions, so this matter will last and people will have confidence to take more risks and also enter into
alternative currencies here. The answer will be in more than one area. The first thing is, are people willing to take a risk? If Bitcoin is a risk, then its alternative is a risk many times greater. In order to study people, we want to study what they are worth in the markets. If people look, for example, at the stock market, for example, we look
at the SMP 500, because this It is the indicator that the majority of people who are in the investment fund backed by Bitcoin are the group of people and investors who currently follow the traditional indices. The SNP 500
is present at very, very high points, and I am monitoring the resistance zone, the resistance of this trend, which started last year in the month of 11, so the eyes are currently towards SMP 500 How will people follow and how will people interact with
this indicator? The answer is simple as follows: If the SNP 500 starts to correct, then we will go to the bottom in this trend that we are in. This means that people will not be ready to take risks after that, but if we get drunk from Above this trend, we are starting to explore higher and higher prices of the
Hex NB 500. This, my dears, will be very excellent because it will be attractive and will be attractive to the traditional investor in stocks who is currently exploring funds backed by Bitcoin. This is the first thing to follow in
terms of traditional markets. The traditional market is affected by two things. The first thing that is affected by what is going on is the Fed. For example, currently the focus has moved from the third month to the fifth month. If we look at CMI contracts, for example, the current bet is to
reduce the interest rate from the fifth month, not from the third month. The reason is that the latest inflation data in America is released, indicating that inflation has increased. It rises, so this week we saw inflation from the beginning starting to rise and we started talking about these
numbers. This may reduce the investor’s appetite for risk. He may spend it in a thoughtful and rational way to preserve capital and we will see a trend towards the bond market, for example. Secondly, as this year progresses, we will also approach the elections. In America, where is the money going? In America,
is it directed towards the Democratic Party or the Republican Party? The Republican Party is very well known for pumping money into the markets. This is something that is increasing since the P5H. Secondly, in terms of digital markets, what are we monitoring now? We are following the reasons for
the start, the reasons for the rise, what are the things that are raising? In terms of capital, what are the things that attract new money to the markets? If you check Google Trains in terms of interest in Bitcoin, for example, today, compared to the last three
months, we are next to the lows. I mean, there is no FOMO currently in Bitcoin. In other words, currently, the FOMO environment does not exist in digital currencies. It is the most dangerous environment. Thoughtful and thoughtful money entering the market is, of course,
directly linked to investment funds backed by Bitcoin. This is not the case. More and more people are exploring these funds, trying them, adding them to your portfolio. This, of course, is pumping new money into Bitcoin, and this is raising the value of Bitcoin, and at the same time, if we continue to
dominate. Also in Bitcoin, Bitcoin dominance is currently on the rise since the beginning of the new year, which is 52% compared to a week ago, it was 48%. For example, I am currently monitoring the dominance, and then I am monitoring the movement of
funds, because until this moment there is a very massive accumulation.
Currently, I am seeing any impact. We see, for example, a very large demand for locking Ether in ransom networks and stick networks, for example, so the third party is monitoring what is
happening on the Ether network, because the first stop for the alternative currencies season is Ethereum, and after Ethereum I will go towards the currencies that follow it, and a little while later, I will expand on my plan for you.
For the past few weeks, in terms of alternative currencies, in terms of Bitcoin, it is very clear
that we have a continuous increase in volume in the trading volume on ITF Spot in Bitcoin currently. BlackRock Fund is number one and GBTC is number two. The only thing that could put pressure on Funds are the investment funds in the period that has come to us.
What did we say about the Gemini Fund and the sales of the Gemini Fund in the months that come to us, as we did not see in the beginning with GBTC, in terms of the balance of Bitcoin on the platforms, the balance is decreasing little by little.
This means that people are buying Bitcoin. Move from the platforms towards the wallets.
When we see this matter happening, it is simple to say to us that people are confident that Bitcoin is better in wallets and away from the platforms, away from stop loss, and from all of these matters,
they are confident that prices will start to rise in the medium and long term, so it is currently unknown.
She has no problem collecting it in her wallet safely on the side, away from the platforms and miners, although we thought that they would start selling in a
very large way with the recent rise we saw in Bitcoin, but regardless, we do not see high sales compared to the last period. In other words, miners are not in a hurry to sell yet either. Do you see that the wave will start at the beginning and that an opportunity to benefit from it in the medium term will come to us? In terms of contracts, currently, if we look at short contracts, there is a very small percentage of the price for resistance.
From the point of view of short contracts, most of the contracts are currently colored S, which means that people have mortgaged the rise higher than this in Bitcoin.
Currently, the code levels are distributed.
This is the high percentage that starts from the price of 49,000 and below, for Kodi, and continues until the price of 46,600. If we see a correction, it will be a very fast correction towards the next area of support, which is around
$44,000 per Bitcoin. From the chart side, what is happening on the chart now? We have moved above the resistance that We started on the 7th of 2022 and the next resistance is around the price of $51,000 to $52,000 for the
trend that started in 2021 in Bull Market Bull Market in 2021. We started this trend and we are currently trying it from the beginning, so many people see $52,000 as if it is a local peak of the price cycle. Currently,
I personally told you how I manage orders to take profits. Currently, I have not placed an order to take profits for $49,000 with a stop limit. I talked about it in the previous video, and I have an order to no take profits at a price of 51,700 in the region there. I also have an
additional order to no take profits. Any correction. What are the prices? I will increase starting.
From $44,000 and below, and from the ether side, the ether is moving little by little. I am not rushing you. Periods, I am not rushing you. Periods, people are gathering in a large way. Currently, all of this gives me a more risky time to
buy and collect. It is more risky with altruism. After me, I want to DCI $4 every hour continuously every day.
After a day, I am collecting, if we continue, instead of the positive trend, know that there is no high resistance before the price of $ 3000 for ether.
There is ahigh resistance that led. This is of course an additional positive thing. What I support for such a period, and ether takes me towards the plan, and what will I do with the period, as I mentioned? More than once, we transfer my profits from Bitcoin
to Ethereum, and then we transfer my profits from Ethereum to alternative currencies.
At the beginning of this year, I gave you a list of currencies that I will review, but I will amend it. I will add additional currencies that are of the roll-up type on Ether during the period that happened to us.
We are waiting for it to be as follows: The third month will come
to see what will happen with the SMP 500 and what will happen with the Fed. What is said and what is our approach in order to get some idea about the markets, because if people do not have the desire to take risks, the alternative workers will not benefit, so I am not rushing it. Currently, I am going towards
alternative currencies, but from the third month onwards, this is the chart that I am following, so where is the matter not simple, and the matter does not mean that it is limited to an artistic drawing or matters of form, no, here it is a study of the markets in their entirety and their impact on the
investor’s psychology and rationality if his psychology is tired, and his rationality is that it provides He takes his money and puts it aside. He will not think about it. We will not have a strong alternative currency season. This is it, my dears. This is the situation we are currently in. This is the
situation in the markets, and it is my plan. I hope you have benefited. Thank you for your time.
