User
Write something
Crypto is a beachball held underwater
The latest report and market update: https://swiss-islamic-finance.beehiiv.com/p/crypto-is-a-beachball-held-underwater Don't forget to subscribe: http://swiss-islamic-finance.beehiiv.com/
0
0
What is important to understand
Very few people understand where we actually are in this cycle. Most people are treating it like a bear market bottom and will miss the right positioning and the right timing. As for where we stand today I really only see August window 9-17th and Sept 11th week as the only two dates to watch in q3 from here. These dates could be the high of the quarter but given that the low pushed out a bit further than I thought in June its likely september could be of more importance now than the august window. So possible the market will rally all the way into september from here. Either way its paramount to be aware of what I have been saying lately. this next wave will be the biggest thing crypto has ever seen. It’s really the first major cycle for alts since 2015-2017. If you truly break it down the last 7 years have been dominated by btc with most alt pairs only ever making lower highs. Now we have a setup where we are very likely looking at the tail end of a secular bull market for btc and the beginning of what will be only the second ever secular bull market in alts. Crypto is still a very young asset class and this setup has really only been present last time ETH went from $80 to 5k. Very high chance my 16k target will look very conservative a year from now
Next research newsletter coming soon
Back on June 9 I laid out the rotation from tech into financials and said it would bring the next major wave of capital into crypto. That’s no longer a forecast. It’s happening. Over the last month Financials have been one of the best performing sectors while tech has entered a technical bear market. Pull up the XLF and you’ll see the exact same story as crypto — a long base, coiled, starting to turn. That’s not a coincidence. Crypto isn’t a software stock and it never was. It’s primarily financial technology in its current form, and it moves with the financial sector, not the Nasdaq.
1
0
Next research newsletter coming soon
What to watch this week
very key levels coming into play over these structures:
0
0
What to watch this week
Final wave
The final wave of the 75 month cycle is about to begin and no one will know what hit them. The market has done an incredible job of fooling the cycle crowd who only know one cycle based on two cycles. They will all be left completely out of sync when this market gets going because they are viewing it from a new cycle beginning standpoint when in reality its the ending. Btc.d will crash and alts will explode without warning. everyone will be all in btc for a 3-4x while alts begin to go ballistic into middle of next year. By time people realize what has happened it will be november where they were expecting a bottom and eth will be trading north of 6k while btc is over 90k
0
0
1-30 of 97
powered by
Swiss Islamic Finance
skool.com/swiss-islamic-finance-1703
Investing insights, halal crypto & equities, and a community of conscious Muslim investors. Built in Switzerland, for Muslims worldwide.
Build your own community
Bring people together around your passion and get paid.
Powered by