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In this video, I discuss the 2023 performance of Bitcoin, emphasizing that while we’ve seen higher highs and lows, the cryptocurrency hasn’t fully entered the anticipated parabolic bull market. I introduce a specific pre-indicator, earlier in this cycle, which suggests a potential explosive market phase, comparing it to previous cycles. The video also covers the escalating conflict between Coinbase and the SEC, where Coinbase is preparing to sue the SEC over a lack of regulatory clarity. I delve into the Lux Algo indicator, explaining its significance in predicting market trends and highlighting its ‘change of character’ and ‘break of structure’ features. I conclude by urging caution despite bullish signs, considering other market factors and the potential impact of upcoming events like the Bitcoin spot ETF deadline, while expressing enthusiasm about incorporating the Lux Algo indicator in future analyses.
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Intro 00:00
“Coinbase is preparing to sue SEC” 00:50
Bitcoin bull market doors 4:10
Pre-bull market indicator triggered! 6:00
Bitcoin in macro support/resistance range 9:00
Early bull market? 11:00
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27 Comments
Not to be pessimistic, but those are Huge Bat Ears.. Hope Y'all made money! I'll KEEP dollar cost averaging Cardano until I get even and to the Moon!
Edit: 50 cent is my average for now!…From my first purchase at 2.88
I'm fully agree.. before bull market opening door we have seen nice correction.. actully I'm waiting for that
The good thing about this indicator is that it is very easy to understand. But judging by the history of this indicator, if the price reaches the 48-58k zone, then nothing prevents it from going down to 40k, for example. I'm now long BTC on Fybit, but taking into account your conclusions, from the 50-week MA we need to take BTC with leverage…
New Vaneck ticker symbol : HODL. They called dibs on this ticker lol This bull run feels different
doge coin analysis pls
should i take my money out of coinbase?
A groundbreaking success for XRP! More than just a victory, it's a defining event in investment history. With the SEC dismissing its case, we're witnessing new frontiers in crypto, pointing to a future where progress isn't hindered by undue trepidations. This isn't solely a breakthrough for XRP; it's a giant step for the entire cryptocurrency ecosystem's validation. The current landscape offers unmatched potential for growth in crypto, presenting an ideal time to jump in. My own trading experience has been seamless. Starting with 2.3 BTC, I've grown my holdings to over 19 BTC in just six weeks, all thanks to the effective trading methodology provided by the seasoned trader, Paula Hunstell .
Thank you
Ada to $25
XRP has clarity but I don’t think it really matters
I am convinced what is happening because people n general decided an alternative is necessary for their money and at least some of their savings. This is because the old system is on the verge of crashing completely. If this is true we are in for a wild bull ride.
Well be in a bullmarket when you see a video of Dan celebrating 🎉 and giving away free ada for all the gratitude of sticking it out when times were hard, just click the…..😂
i remember the videos of the bull market doors
Can you do a Milady Meme Coin being the next Bonk?
Just wait till we kick the Buffalo market doors open
SNEK🐍
God Bless!
No shit. The fact that the mighty XRP, future of digital payments has dropped from a feeble 0.64 to 0.62 in the last 30 days.
,ADA ,Algorand, Cosmos,CRV,ICP,IMX ,💪💪💪🚀🚀🚀🚀🎉🎉🎉🎉🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑
BUFF000000000N
Honestly. I think the market needs a big retracement
I remember clearly, watching one of your videos around 3.5 years ago as you announced ADA just broke through 17c. I was excited at the time and we hadn't breached the bull market doors at that point also. Exciting times ahead.
Love your content. You should checkout and hopefully cover cornucopias when you have a chance.
I would say that bull market doors opened in January, but the stairs are coming after halving. 😉
I mean, I was buying at 19K, it's 40K now, if that's not bull run I don't know what is.
Dan, I really need this to happen this cycle. I need Bitcoin and Cardano to really blow up. but I also have a bunch of other alt coins like Solana, Chainlink, Sandbox, SingularityNet and Oasis that I hope do well. My heart is just so broken from personal life and I really need 2024 to be great.
amazing as always! thanks Dan ! God bless
👍👍👍