Bull market dip. Is it over? - Crypto Consulting Institute
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Bull market dip. Is it over?

Hi everyone, welcome to a Monday at Rapid Fire. Let’s crack straight in. Just want to give a special thanks to Christopher, rather, in our free chat. He was just saying how he is a member of the newsletter and he thinks it’s of tremendous value. So thank you so much for that little plug, that little recommendation there about the guidance that he’s receiving about Solana and Ethereum, because they are absolutely moving.

I have, since we’ve been putting the newsletter and really plugging them, Really early on to try and identify these trends early. And I bring this up to not only is it a fantastic testimonial, but Tristan, a little while ago in his fa piece, which happens every second week of the newsletter release every second week of the month, Tristan will do his fundamental piece.

And the last one  was not the last one, but the one before, he did a special on airdrops and he spoke very highly about the Egen layer. So Ethereum, egen, lagger, li Egen layer, and Etha fire. And if you had. Followed the instructions there to get some, you know, airdrops just by doing not much following some different guidelines there  You would now be eligible for that first airdrop and it wasn’t confirmed But Tristan had a fairly good e to the ground that it would be so if you’ve been doing that You staked ethereum and started earning points You are now eligible for that first airdrop.

I believe six percent of the overall tokens are eligible for airdrops now So that is essentially, you know free money  In this space, and you can make a lot of gains to by following some of these, these rules and getting a lot of these token unlocks early and airdrops, it’s a fantastic thing if you are eligible for it.

So get into it. And yeah, the newsletter has some, you know, some really interesting points to it as we roll through those different weeks. So please pay attention to it. If you’re not a subscriber, make sure to look into it. Now, let’s crack into Bitcoin. Just quickly here, because I got this squiggle one, I wanted to leave it because if you’ve seen enough of these market structures built.

You generally can build a framework like this, you know, over time, over multiple cycles. So we’re in a bull market and once we do see a pretty reasonable substantial correction, you tend to see the psychology flip on Facebook and Twitter where it’s in instead of you were going to the moon, you know, all time high bull market, all that hundred K.

You tend to say, have we topped? I should have taken more profits, all that. And that’s generally the gutter of despair where it is there. In my view though, in bull markets as well, the psychology, you have to start training your mind that once it goes into those levels, most people go, all right, this might be a bigger dip than I thought when they start to change their orders and then say to themselves, we’re going to buy a little bit lower and they cancel orders.

And then the market bounces pretty hard because it’s a bull market. Dips are bought. So, so far so good. That was a really nice pulse up. But until we clear that 73,000 or convincingly closed beneath 65,000 we’re still kind of range bound in this region. I would not be surprised to see us go back down to 62 60 to, to fill it out.

But if that is the extent an ETFs kick in tomorrow.  You know, that could be the low and then we’re going to 80, 100, 000. So there’s every reason to think Bitcoin can and will run to 80 or 100K relatively soon. Right now, though, it is Solana season. It has taken crypto space by storm. Just when you forget about it. 

You really run hard now. We were really big on it, especially in the mastermind group. At about one 50 our call was to buy, so that has paid off really well. I know personally I got in at one 50 and where we are now. So it is just a fantastic move over 200. If you’re looking at the bigger play though, I think the prior all time high is like a magnet about two 50, you know, two 40, that kind of region.

And once we get it exactly like this squiggle, I think we’re gonna run into it. probably punch a little bit above it and then we’re going to consolidate around it and probably come back into this region here, you know, lower two hundreds at some point just to feel it out. Then we’re off to New York, sometimes I think in Solana.

It’s captured the narrative right now and that’s really, really important. The retail mania of meeting points built on top of it. Ethereum is kind of losing its luster a little bit in the respect that the murmurings coming out of the ETF are a little bit more negative being approved in May. So it’s an easy flip.

You can see the capital move from Ethereum pumping as soon as those memories came out. And then the momentum shifts as well. If you’re following trends you can gain that leverage to play on the asset itself in the ecosystem, Jupiter, Ray, those kinds of different coins on Solana. Absolutely pumping because Solana’s pumping like we saw Layer 2’s pumping when Ethereum was moving.

So different things you can have a look at there. Things we cover in the newsletter as well and I’ll be releasing a macro and TA edition this coming Thursday. Hope you all enjoy it guys. Have a wonderful day. See you later. Bye. 

bitcoin
Bitcoin (BTC) $ 66,875.92
ethereum
Ethereum (ETH) $ 3,100.64
tether
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bnb
BNB (BNB) $ 580.99
solana
Solana (SOL) $ 172.64
usd-coin
USDC (USDC) $ 1.00
staked-ether
Lido Staked Ether (STETH) $ 3,097.37
xrp
XRP (XRP) $ 0.523687
dogecoin
Dogecoin (DOGE) $ 0.155026
the-open-network
Toncoin (TON) $ 6.41

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My alternative thinking and education in cryptocurrencies since 2014 allowed me to quit my day job and follow my passion of investing and helping others achieve financial freedom. With my success, I have been featured on NASDAQ, Channel Ten, Channel Nine, and Dollars With Sense TV, as well as speaking at global events such as Barclays Bank in London and the Bitcoin and Blockchain Fair.

Recently, I was headhunted by Tradesmith, a US-based investment technology company tracking over $30 billion in clients' invested capital. I now help traditional investors safely invest in the digital asset economy. My success and expertise in the industry speak for themselves, and I am dedicated to continuing to help others achieve their financial goals.

Hear What Our Clients Are Saying

Zero knowledge of cryptocurrencies? This man became a millionaire. Anything is possible with the right education in place!

Mark went from having zero knowledge of cryptocurrencies to turning $150k into $3Million in 4 months, whilst recovering from an illness!

The bank wouldn't give him a home loan even though he was working 2 jobs! Until CCI entered, and give the right strategy.

Adrian hits his first $1M in crypto within 3 months of working with us!

Well 10 days after we shot this, he hit his second million. And now just 16 months later, he has surpassed $15 MILLION USD!

For most people, this level of returns are unfathomable.

We simply gave him the tools and crypto strategies and Adrian ran with it!

I am not suggesting that all of our clients are performing on this level.

CCI simply demonstrating that we are incredible at helping people achieve their full potential.

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Some people think crypto is too ‘difficult’…

Well Peter completely dismissed that though and transitioned a large holding of his stock portfolio to gain exposure to this revolutionary asset class.

In this video Peter outlines how his portfolio exploded!

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My alternative thinking and education in cryptocurrencies since 2014 allowed me to quit my day job and follow my passion of investing and helping others achieve financial freedom. With my success, I have been featured on NASDAQ, Channel Ten, Channel Nine, and Dollars With Sense TV, as well as speaking at global events such as Barclays Bank in London and the Bitcoin and Blockchain Fair.

Recently, I was headhunted by Tradesmith, a US-based investment technology company tracking over $30 billion in clients' invested capital. I now help traditional investors safely invest in the digital asset economy. My success and expertise in the industry speak for themselves, and I am dedicated to continuing to help others achieve their financial goals.

Hear What Our Clients Are Saying

Zero knowledge of cryptocurrencies? This man became a millionaire. Anything is possible with the right education in place!

Mark went from having zero knowledge of cryptocurrencies to turning $150k into $3Million in 4 months, whilst recovering from an illness!

The bank wouldn't give him a home loan even though he was working 2 jobs! Until CCI entered, and give the right strategy.

Adrian hits his first $1M in crypto within 3 months of working with us!

Well 10 days after we shot this, he hit his second million. And now just 16 months later, he has surpassed $15 MILLION USD!

For most people, this level of returns are unfathomable.

We simply gave him the tools and crypto strategies and Adrian ran with it!

I am not suggesting that all of our clients are performing on this level.

CCI simply demonstrating that we are incredible at helping people achieve their full potential.

Age doesn't MATTER! - A 72 Year Old Crushes It In Crypto

Some people think crypto is too ‘difficult’…

Well Peter completely dismissed that though and transitioned a large holding of his stock portfolio to gain exposure to this revolutionary asset class.

In this video Peter outlines how his portfolio exploded!