Bitcoin Dominance

"what I what I think is theoretically possible is 60%"

"my view is that eventually it breaks to the 003 to 004 range"

"we could be seeing ether retest the Bitcoin low of 0.049 you know I don't know two between two to four months from now right maybe sooner but you know could be March April May um but sometime in the first half of the year I I think would be kind of an expectation that that ether Bitcoin could come back down and retest this low"

"let's say in May then the bottom of the regression band will be you know probably around 700 800 um this would put ether USD that 70% top would be around 2700 2,800 you know maybe plus or minus a couple hundred dollar right"

"if it breaks back down below 49 like if it breaks back down below here right this area that it took forever to break out above if we get back back down here then yes yes you know it would be time to to you know to probably throw in the towel"

"if you were to take it out to 42 weeks guess where that puts you it puts you in April which is the having right and again that's April is is is smack dab between the two most likely candidate months for a rate cut ... total three minus usct Bitcoin has not broken durably below that low but last cycle we can see that it also took about 42 weeks before it broke down and by the way it did not break down until about a month before the First Rate cut arrived so perhaps it will do something similar where it breaks down you can see right here it broke down right as that first r cut arrived if the First Rate cut occurs in March then maybe it breaks down in March if the First Rate cut arrives in May then maybe it breaks down in May"

"what if eventually you know we get closer to the habing people start to think well yes The Ether ETF may be coming but also there's the Bitcoin having that's coming and so a lot of that Capital that left Bitcoin to go to Ether might just come right back right it might just go right back to bitcoin"

"what if you know at some point between now and the having the dollar pulls back Bitcoin gets another move dominance goes to 56%"

"what I do think needs to happen during whatever move comes I think ether Bitcoin is going to break down okay so whether Bitcoin puts in a lower High um or a higher high I think ether Bitcoin will probably break down"

"Ada Bitcoin doing the same thing it did last cycle where everyone just joins in thinking the hype's going to last forever and then it still just ends up being a lower high and a to bitcoin Fades back down and still eventually breaks down"

"at some point I think there's going to come a time within the next few months where it's going to get a massive bounce out of this range"

"by you know March or April or something or maybe even sooner it just blasts off through here and dominance breaks up again"

"the 0.5 FIB this cycle is about 56% we haven't hit 56% yet but what if we do what if you know at some point between now and the having the dollar pulls back Bitcoin gets another move dominance goes to 56%"

"my view is that eventually it breaks to the 003 to 004 range I don't know exactly that's just my guess I could be wrong"

"we could be seeing ether retest the Bitcoin low of 0.049 you know I don't know two between two to four months from now right maybe sooner but you know could be March April May um but sometime in the first half of the year I I think would be kind of an expectation that that ether Bitcoin could come back down and retest this low"

"every January or February of all prior having years Bitcoin checked in with the bullmark sport band... there's a case be made that we could test them in in the first couple of months of this year like we normally do"

"let's say in May then the bottom of the regression band will be you know probably around 700 800 um this would put ether USD that 70% top would be around 2700 2,800 you know maybe plus or minus a couple hundred dollar right so I I just think it's interesting because um that could correspond to Ether Bitcoin breaking down"

"I think the thing to look for is Ada Bitcoin doing the same thing it did last cycle where everyone just joins in thinking the hype's going to last forever and then it still just ends up being a lower high and a to bitcoin Fades back down and still eventually breaks down"

"that would suggest that maybe just maybe there's still some more room in the tank for this to go for USD dominance to go down before it then goes back up"

"perhaps it will do something similar where it breaks down you can see right here it broke down right as that first r cut arrived if the First Rate cut occurs in March then maybe it breaks down in March if the First Rate cut arrives in May then maybe it breaks down in May"