NonComposMentis

Narrative: BTC BTC and the BRC-20 tokens are taking a little breather, which is certainly good for the market in the medium term. I'm particularly bullish on TRAC , a project that sits at an MC of just under 100 million and for which I believe a 10x is within the realm of possibility. These 3 bullish ideas come to mind - accumulation at $4 and at $5 (green zones), TP from $7 (red). Of course, things can turn out completely differently. Do not forget that the crypto market in general and the new protocols on BTC such as Ordinals, Stamps, PIPE, etc. in particular are subject to huge volatility and any project can go to 0 at any time. HIGH RISK! NFA.I notice that our first TRAC trade is at 10x-15x profit ( tradingview.com/chart/TRACUSDT/5dCv0mAC-TRAC-BRC-20-trading-and-accumulating-investing-into-BTC/). Leverage trading regularly ruins your portfolio? No wonder. Crypto is risky, leverage is risky, What will crypto + leverage be other than high risk? You can build wealth in crypto without high-risk bets. DM for fundamental analysis and individual mentorship. No 100% guarantee of success - I also work with AI support, but I'm a human being and I'm wrong sometimes.

BTC is at its lowest 1D RSI in 3 years. Can't remember the price dumping further at this level. It might have happened - but very rarely. 25k is very strong support. If BTC wants to go lower I assume we see a bounce up to $28000-28600 first. Some levels of confluence around 24100 and 22800. IF BTC rises to 28500 but fails to break the resistance I will likely sell (only a few % of my whole bag) and rebuy lower. NFA. DYOR. I am a human being, and I have been married three times, so I'm obviously prone to error.

Taraxa is a BlockDAG coin like Kaspa ( KAS ). KAS has aroused interest in similar coins with its enormous price gains in recent months. Whether it's right or wrong in the case of Taraxa remains to be seen. In terms of charts, there is a relatively clear picture. If TARA successfully holds the $0.0060 level, I expect a return to the last high of $0.015. If the price breaks through this resistance, the markers in red are guide values for TP levels (levels, not points!). If TARA fails to hold $0.006, the $0.0035 to $0.0041 area is a very good area to accumulate. If the price falls below this level, I will sell and only buy back after a successful return above $0.0041. NFA. DYOR. I am a human being, and I have been married three times, so I'm obviously prone to error.

The BRC-20 token TRAC (don't confuse it with OriginTrail, same ticker) is trading on decentralized exchanges (you need a BTC wallet like Ordinalswallet, XVerse, Unisat) and on Gate.io. It is a fundamentally very interesting project with a market cap below $10M, the indexer of the BRC-20/Ordinals space on Bitcoin. Lot of room to the upside, but, obviously, also high risk. I am very bullish on the project and I am using each opportunity to benefit from its high volatility on Gate.io. The black lvls on the chart are the S/R areas where the price is constantly ranging between. I am selling resistances, buying supports. If it breaks the resistance I buy the retest/support and sell the next resistance. If it breaks down I buy the next support. It's basically trading 101. I make 5% or 10% a few times a day. Bought today's dip at 37c, sold a small bag at 54c. The green levels/areas are demand zones of different importance. Between 35 and 44c strong support. At the time of writing at $0.47, I consider this still as cheap. NFA. I am not selling as much as I buy tho, accumulating this coin for further upside. DYOR. You do you, I do I.

BTC - up or down? BTCUSDT sitting at $30500 Market update: BTC is accumulating, and its looking strong. We will see a breakout to one side or the other within the next 7-12 days I guess. But whenever it happens, and whatever direction it takes, down or up, doesn't matter: alts will suffer. I am more bullish than bearish and I assume the move will be to the upside. I can imagine btc rising to 35-36k, followed by a selloff, retesting the 31.5k area and then moving sideways between the 32k and the 35/36k. 2 or 3 quick pumps to 38k from there wouldn't surprise me. As soon as btc breaks 41-42k a move to 47k can happen withing hours and will likely get sold as quick as the pump has happened before. In case BTC dumps below 29.8k we could see a bounce at 29.1k, If not anything is in the cards, it would take a big volume drain tho. Back to the current situation. The reason why I don't expect the bigger BTC move immediately is that we haven't seen any huge alt moves yet. The market needs to see money moving from weaker hands to stronger hands before. Whales need to make some money in alts to put it into btc. There are a few altcoins holding stronger than others. Most of my picks are among them. I am talking about INJ , TAO , NTX , ATOR and a few more ( IAG and TRAC -BRC20 etc.). Will make a separate post about alts. If BTC drops below 29k it's hard to say what will happen, it depends on why the price dropped in the first place. If the SEC or another agency fires another torpedo, that could happen, but lately, altcoins have tended to be hit by those cluster bombs. At this point, I want to point out STX again, which is currently around $0.65. STX is an SEC-approved coin on BTC, and it even rewards stakers in BTC. The team doesn't have to contribute much at all, the price should still rise if word gets around, because there aren't many ways to earn BTC passively. My actually bullish view of BTC is only affected by one detail: the many euphoric price predictions by institutions or people close to institutions. Every day you hear about 100k, 200k BTC in 2024. This usually happens when the whales want to unload their bags. If true we could also drop to 20k and below as a 50% dump (to 15k) would mean a 2x on a return to 30k and whales only miss that if they see serious buying pressure to the upside. Keep in mind that a 15k to 30k pump is equivalent to a 30k to 60k surge. So: The ETF narrative could be a trap. But I am cautiously bullish.