BTC breaks ATH... What next?
Bears are extinct
Welcome to the first ever Alpha newsletter. We compile alpha for you. That’s it; that’s the newsletter.
Reactions and opinions on $BTC breaking its all time high:
Rager 📈@Rager
There's nothing like a new Bitcoin all-time high that brings unity to the entire market
Regardless if you're a maxi, defi user, or NFT collector
That's b/c when Bitcoin is up, we all know that altcoins eventually follow and that NFT prices likely appreciate as well
🤝
3:49 PM · Oct 20, 2021
12 Reposts · 141 Likes
Kevin Svenson@KevinSvenson_
The amount of momentum this market has is staggering. Selling anywhere before $100,000 is a complete waste
6 figures is on the horizon fast approaching
#Bitcoin
3:30 PM · Oct 20, 2021
20 Reposts · 192 Likes
Looposhi@22loops
I remember when $10K looked like a dream. #Bitcoin never breaks previous ATH just to land 50% higher. Minimum $120K is very likely.
2:19 PM · Oct 20, 2021
31 Reposts · 399 Likes
Will Clemente@WClementeIII
There is no overhead supply, Bitcoin has entered price discovery!
2:53 PM · Oct 20, 2021
305 Reposts · 2.62K Likes
Nothing like a bit of perspective.
Joe Pompliano@JoePompliano
Bitcoin's October Price:
2010: $0.06
2011: $5
2012: $12
2013: $125
2014: $380
2015: $237
2016: $615
2017: $4,400
2018: $6,600
2019: $8,400
2020: $12,600
2021: $66,000
Bitcoin is inevitable.
2:16 PM · Oct 20, 2021
871 Reposts · 4.66K Likes
Ok, ok we are euphoric, but what are the charts saying:
RookieXBT 🧲@RookieXBT
$BTC
$75,000 USD by eoy
🧲 = inevitable
RookieXBT 🧲 @RookieXBT
$BTC
$75,000 USD by eoy
🧲 = inevitable https://t.co/eSvxY7mZSZ
12:39 PM · Oct 20, 2021
57 Reposts · 614 Likes
CTO Larsson 💙💛 cto.eth@ctoLarsson
I just love this perspective on Bitcoin price.
Credit legend @PeterLBrandt for the 4x parabola interpretation.
I used to have 3 people I actually listened to for Bitcoin charting. Since last year it's down to 2, @PeterLBrandt and @PARABOLIT.
11:12 AM · Oct 20, 2021
46 Reposts · 293 Likes
₿yzantinΞ General@ByzGeneral
The 2017 bull market lasted about 35% longer than the 2013 bull market.
If we assume that this one is also going to last about 35% longer than the previous one then by the end of Q1 2021 the bull market should end.
$BTC
12:43 PM · Oct 20, 2021
58 Reposts · 619 Likes
The $BTC dominance breakdown from JT (expert trader that deserves more followers in our humble opinion):
JT ✝️@JTheretohelp1
$BTC Dominance BIG Pcture - #BTC.D chart on @tradingview
tradingview.com
$BTC Dominance BIG Pcture for CRYPTOCAP:BTC.D by JTheretohelp1
3:37 PM · Oct 20, 2021
7 Reposts · 38 Likes
Kaleo is from the future.
K A L E O@CryptoKaleo
What a thread.
K A L E O @CryptoKaleo
#Bitcoin / $BTC
If this happens, will you be ready? https://t.co/AgDzPSUy4A
1:48 PM · Oct 20, 2021
26 Reposts · 376 Likes
More Bitcoin futures. Just like London buses…
unfolded.@cryptounfolded
SEC clears VanEck to launch Bitcoin futures ETF next week
3:45 PM · Oct 20, 2021
4 Reposts · 20 Likes
Thoughts on how to ride the wave and allocate going forward:
Matthew Graham@mattysino
NOT INVESTMENT ADVICE but the way I like to think about playing a bull move is it's like riding a wave from high to low market cap (across time). So a quality wave might be BTC --> ETH, SOL, FTT > SRM > JET, ORCA.
disclaimer: we are hella long all of those
3:21 PM · Oct 20, 2021
4 Reposts · 70 Likes
The best time to rotate into strong alts? Yesterday apparently.
Hsaka@HsakaTrades
$LUNA (along with some other L1s) casually outperforming during a BTC ATH break.
It's alright, you can continue waiting for the highly coveted perfectly timed rotation of BTC money into alts.
3:45 PM · Oct 20, 2021
45 Reposts · 310 Likes
Loma (🌳,🌳)@LomahCrypto
The most obvious alt season mover is $FTT imo
Frustrating af in the short-term but I'll cope by saying stagnant PA is a form of shakeout.
Just going to keep accumulating until I get gargantuan sized spot bags and aim for a 3-5x then fuck off forever courtesy of Sam.
7:40 AM · Oct 20, 2021
34 Reposts · 503 Likes
Michaël van de Poppe@CryptoMichNL
It's important to watch the $BTC pairs at this point.
Yes, your #altcoin might run in $USD value, but that's heavily skewed towards $BTC making a run against $USD.
Timing the markets can be an explosion of ROI if you time it well by flipping towards altcoins.
3:04 PM · Oct 20, 2021
40 Reposts · 543 Likes
$ETH short term target?
Cactus@TheCryptoCactus
$ETH / USD
An early S/R flip, bullish doesn't even cut it at this point.
Excited to see the daily and weekly close.
$5000 prob could be done in October now. Juiced!
4:31 PM · Oct 20, 2021
8 Reposts · 94 Likes
$ETH going up is bad for NFTs?
dev.eth@dev_dot_eth
I wrote about it so many times (sadly way too early) but now it happens, NFTs get absolutely devastated and this only the beginning. I pray for you if u have more than 5% net worth in NFTs right now, it’s gonna get ogrish before the pain will ease.
2:53 PM · Oct 20, 2021
2 Likes
Beanie.eth@beaniemaxi
As ETH breaks $4000, pain sets in for those that didn’t take any profits during that epic NFT run. This causes panic selling for fear of never having any ETH as it goes to $10k. Vicious cycle really.
2:06 PM · Oct 20, 2021
44 Reposts · 675 Likes
Today’s shower thought:
Sisyphus@0xSisyphus
I think we are in, and have been in, a golden age for crypto
- enough built so we aren’t just trading the 5m candles in Mex troll box and there’s real stuff to evaluate critically
- not enough built where the average people/allocators have totally compressed our returns
9:55 PM · Oct 19, 2021
45 Reposts · 693 Likes
And that’s your alpha. Please consider subscribing and sharing the newsletter if you found this digest interesting and useful.