We've only had one sideways period on altcoins in a downtrend so far. That was in 2018 just before price took a nosedive. It lasted 2 months.
In 2022 the only such period would be a bleed down before FTX, as alts never stood a chance to chill. Lasted for 2 months as well.
Current range is lasting for 4,5 months already, which is absolutely wild for how tight it is. What I want to say is that we've never had support holding for this long in one go and especially never in a bear market

Reward
like
Comment
Repost
Share

Osemka8

12h ago

GM 🌤️
Bottoms don't happen on good news as confirmations of a trend shift

Reward
like
Comment
Repost
Share

Osemka8

21h ago

Do it, I dare you
Bottoming is a process. It never came easy
$BTC

BTC0.85%

Reward
like
Comment
Repost
Share

Osemka8

06-18 13:30

Optimism in this range yields you only unfollows and nothing more
Anything that is not considered a 4-year cycle is deemed irrelevant at this stage
You do not get bearish at support! No matter how much others try to convince you

OP-1.59%

Reward
like
Comment
Repost
Share

Osemka8

06-18 08:12

$ETH retested and closed daily candle above the February low, first little W for the bulls
Bears would want to not lose this, otherwise we see a pop to the upside at one of the most oversold levels in history

ETH1.25%

Reward
like
Comment
Repost
Share

Osemka8

06-18 06:33

I'll say this again
Altcoins are atm squeezed in volatility the most they have ever been. Meaning a move, once this range is over, will be strong.
I've marked where compressions like this have occurred. You can see what I mean. So far they've always resolved to the upside.
So if you're aiming for a breakdown here, then you're basically aiming for the entire sector going to literal zero. Same with Bitcoin. If we enter back inside the 2021 range, then 40k targets are too high.

BTC0.85%

1 Likes

Reward
1
Comment
Repost
Share

Osemka8

06-18 04:36

GM 🌤️
No panic, plz. It's all gonna be alright!

Reward
like
Comment
Repost
Share

Osemka8

06-16 08:03

WTF more do you need? Trend is changing here on $BTC
Fuck off, bears

BTC0.85%

Reward
like
Comment
Repost
Share

Osemka8

06-16 06:18

Next important $BTC trend pivot: mid August ✍️

BTC0.85%

Reward
like
Comment
Repost
Share

Osemka8

06-16 05:06

GM 🌤️
Nice pops yday. If bears are unable to reverse the trend in the next few days, then they'll have to say goodbye til at least mid 2028.

Reward
like
Comment
Repost
Share

Osemka8

06-15 10:03

Bullish or bearish?
Extra points if you guess what this is

Reward
like
Comment
Repost
Share

Osemka8

06-15 04:48

GM 🌤️
First FOMC week for the new chair. Don't get shaken!

Reward
like
Comment
Repost
Share

Osemka8

06-13 12:40

[ $BONK ]
Needed to sweep the 1010 wick ang get into HTF demand area. Fast reactions here are welcome and the low of 0514 are next to overcome

BONK0.96%

Reward
like
Comment
Repost
Share

Osemka8

06-13 11:18

$TAO vs. $BTC C19
It's on

TAO-3.58%

BTC0.85%

Reward
like
Comment
Repost
Share

Osemka8

06-13 06:37

As someone who's been posting here regularly for about 2 years now, I have to say this is the most shit I got during that period
And, if you haven't figured it out, bullish content doesn't sell
Few comments I remember reading on my posts:
"I've been following this guy for a long time, he's always wrong"
"I like your content, but you are wrong here"
"Altcoins are dead. Retail will never buy them again."
"Come on man, what else do you need to accept the bottom in October?"
"People don't have the money and they don't want to gamble in crypto."
"Surely you have switched to October bottom by now. Y

Reward
like
Comment
Repost
Share

Osemka8

06-12 13:34

If you'll want to watch the highlights of @FIFAWorldCup matches, here's a solid site

Reward
like
Comment
Repost
Share

Osemka8

06-12 08:03

$BTC aggregated liquidations are basically the highest they've been since the first top in 2021 when the market was over-heated
Aggregated liquidations refer to cumulative total of forced-close orders for leveraged Bitcoin
Yet the low of 60k is holding

BTC0.87%

Reward
like
Comment
Repost
Share

Osemka8

06-12 04:51

GM 🌤️
I personally think that this is a failed breakdown and that the worst we can get now is a formation of bull divs on LTF.
If this indeed is a failed breakdown, then a counter rally is due. It only depends if it'll be impulsive or corrective. If latter, we remain in a range for a few more months.
But either way, I think this is a constructive structure 😊