Hey everyone,
The last week has been a rollercoaster, but let me tell you something – what’s happening right now in crypto is absolutely insane. I’ve been tracking this for years, and if you’re a Bitcoin or altcoin holder, urgency is the name of the game right now. Let’s break this all down simply, so you know exactly where we are and where things are heading.
Bitcoin: The Boss Has Been Defeated
Bitcoin’s trajectory is next-level crazy. Remember when $100,000 Bitcoin seemed impossible? That resistance has been crushed. Now we’re talking about a million-dollar Bitcoin. Yeah, you read that right. Here’s what’s fueling the fire:
BlackRock recommends a 2% Bitcoin allocation. With $900 trillion in global assets, a 2% slice would mean an $18T market cap for BTC – roughly $900k per coin.
Eric Trump says he’s confident Bitcoin hits $1M. And Trump Sr. himself is coming in as the most pro-Bitcoin president we’ve ever seen.
Bitcoin supply shock is real: governments are stepping in, potentially scooping up 200,000 BTC per year. Scarcity is becoming undeniable.
Short-term, Bitcoin is testing lower trendlines. Targets into the mid-80s are in play as we consolidate – totally normal in a bull market. Zoom out, though: we’re still just at the beginning. The real move is still ahead.
Altcoin Season: We’re Right on Track
If you’ve been watching Bitcoin dominance, you know exactly what’s happening. We are at the trigger point for altcoin season, just like in past cycles. Let’s connect the dots:
Bitcoin dominance is in a confirmed downtrend. Even in downtrends, you get pullbacks to the upside. This one? It’s normal. The stage is set.
Timing aligns perfectly: Last cycle, Bitcoin dominance fell into altcoin season about 237 days post-halving. This cycle? We’re right on track, just over 200 days in.
Volatility is normal. Red daily candles? They’re part of the process. Look at the dips during previous bull markets: massive gains come with massive dips.
The next 6-12 months are everything. If you’re feeling impatient, zoom out. The data doesn’t lie: altcoins are in the early stages of their run.
Top Altcoins: ADA and DOG (on Bitcoin)
Cardano (ADA): Bull Market Doors Are Opening
Here’s the setup for ADA:
ADA is testing the upper range of its bull market doors. Last cycle, breaking this range led to an explosive breakout.
Whale activity is surging: 687 transactions over $1M in a recent 24 hour period. Whales aren’t just accumulating – they’re preparing.
Timing aligns: Similar price action, RSI consolidation, and bullish momentum mirrors the exact setup from 2018’s bull run breakout.
My eyes are on that $1.25-$1.30 breakout area. If ADA explodes through, $3 is in play faster than most people think. Maybe end of January? We’ll see, but the pieces are aligning.
DOG (on Bitcoin): The Meme That Matters
DOG on Bitcoin is a sleeper pick, but here’s why I’m excited:
It’s not just another meme. DOG taps into Bitcoin’s base layer innovation with Runes, making it a standout.
Cycles are repeating. DOG’s positioning right now mirrors other explosive meme coins from past cycles. The setup is there.
DOG is flying under the radar, but that’s where opportunities are born. Don’t sleep on this one.
Closing Thoughts: The Opportunity of a Lifetime
The Bitcoin chart structure, the altcoin season trigger, and the sheer macro fundamentals (hello, pro-Bitcoin administration and global supply shock) tell us one thing: this bull market is only just getting started.
Whether it’s Bitcoin breaking $120k next, ADA exploding past $1.30, or DOG becoming the meme of the cycle, patience and preparation are key. The next 6-12 months could change everything, and I’m going to keep tracking every move so you’re ready.
If you haven’t already, hit that subscribe and turn on notifications – because this journey is just beginning.
God bless!
Key Reminders:
Volatility is normal in bull markets. Dips = opportunity.
Whales are accumulating altcoins while retail shakes out. Don’t let them win.
Zoom out and keep your eyes on the data. History is repeating.
If you enjoyed this, hit the like button, share it, and let me know your thoughts. Let’s get ready for what’s coming.
Hey Dan I don’t hear you talk about cardano ecosystem coins very much. Are you excited about anything in particular?