Bitcoin's Rotation into Alts is loading... - Crypto Consulting Institute
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Bitcoin's Rotation into Alts is loading...

 Hi everyone, quick take on Bitcoin. It’s struggling a little bit up here, but you can really look at it two ways. It is just continuously grinding higher in these form of higher lows in this rising channel. I think it is looking a little bit weak here and we’re seeing a rotation from Bitcoin into other altcoins based on that liquidity flow chart.

When we do see Bitcoin reaching that kind of range bound action, this capital tends to go into those altcoins through FBTC.  You can see that on the chart and also Bitcoin dominance breaking down. But just broadly, if I’m looking at You know where this bitcoin move might go from here if we are looking for a bit of a downside target That would be the 0.786 here at volume support I don’t think it’s got the juice to get down to 33,500 but I think 34,000 probably the right number before we go higher we can look at bitcoin, but i’m really looking at ethereum the strength that’s showing according to the FBTC chart is starting to reverse a little so that gives me great confidence at ethereum  It’s probably going to go on a little bit of run here and we’re seeing that in layer twos.

We’re seeing it in layer ones as well. I think Solan, I think Cardano as well. They’re moving up high, but Arbitrum Optimism, both just flying. So Ethereum is showing that strength and I love to see it because it is almost at my go time level. You can see here, it’s almost like a Captain Hook pattern.

And I showed that to the boys earlier in the week at the fun that this looks really, really nice. It can get above that 19, 20 level. And come back and retest the volume. She’s off, she’s gone to 2000 pretty quick. But just broadly, on the daily and the weekly, Ethereum’s got a lot of room to run, and it signals really good times for altcoins just ahead. 

Before I leave you guys, I want to point out some huge recent wins by clients that we’ve had. And one actually posted in the free chat that we have in our Bitcoin and cryptocurrency investment group. So if you’re not a member of that chat, make sure you are. If you’re a graduate as well, make sure you’re joining our graduates chat because there’s so much alpha just flowing in there and you can also see for the morale just to keep up there is actually some success having and what we’re seeing is it’s happening more and more if you’re following what we’ve been teaching in the course and had a bit of patience and laid the groundwork it is showing us now that the market is recovering because of these successes if you do the right things.

This is Simone so  she essentially made her entire annual salary 240k in a week. So that is a huge story and here’s just a snapshot of what happened in the little free chat over here. I’ve got the right hand corner. You see, I posted something like how good is Bitcoin 54, 000 right now. And she’s saying crazy, isn’t it?

I’ve made my previous annual salary in a week. I’ll make that today. Crazy. So Simone is a mastermind client. I work with her and as well as a few others that are in that group. If you want to know more about that, make sure you contact us, but this is showing you that the market is changing. And if you had your hand in your sand and thought 12K was coming and you just weren’t making moves and you’re paralyzed you know, it’s not the way to go about it.

And I’ll just scroll up as well on another recent success in the TMT group.  And you can see some on there as well. Congratulating Dave, who’s another ex mastermind. He’s just saying he had his massive win. He went long with Bitcoin 278%. That’s an amazing ride. Entry price 28. So I can tell you right now, he waited for the confirmation that we would win.

We’re pretty loud about above 28,000, 200 a week, 200 day moving average. Once we had a close above it, he went long. Like myself, I went really aggressively long in spot bought hard because we had the daily close and you went for the weekly close for more information and then you can go full hour location.

So I wanted to bring that up. Wanted to bring up these great successes by congrats guys.  And I want everyone watching this to see what is possible if you manage risk and you take the appropriate steps and really action your learnings which we provide. So have a wonderful day, everyone. Bye. 

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