Newsletter #35 Weekly Crypto Update

Happy Holidays Fam!

Model continues to be in 100% Cash.

I wrote the below last week and it continues to be the case.

Currently, most short-term indicators are looking bearish and pointing to the loss of trend & momentum.

Models flagging 2 trends.

1. It is bullish on Bitcoin Dominance.
2. Alts are looking weak even on Lower Time Frames.

This indicates that there could be like capitulation-like event in Alts. Invalidation of this would be if BTC were to break out on the upside. As always I'll publish If and when that happens meanwhile it's better to be careful.

From a long-term investing perspective I am sticking to the plan I have been writing about for months.

Bitcoin and Ethereum are entering the value zone, if we do get a market-wide sell off then it would be a great time and price to accumulate these assets for those who believe in this space. The above logic applies to ALL cryptos/stocks that you believe will survive the next 5 years.
So I will buy either on a complete NUKE aka BTC in the range of 14k-17k if we get one or on a Long signal by the model. I would be using this opportunity to DCA into long-term holdings. $BTC & $ETH feature in them but I have also laid out a long-term investment thesis on crypto stocks. You can check them out here -  HUT8 and Galaxy Digital. I also like Riot Blockchain (similar thesis to HUT8) and Coinbase.

Below are the All Models signals on BTC ETH Solana /USD from 2020 to date. I have been publishing this every week since early this year and will continue to do so.


** Web3Quant is not registered with any financial regulatory agencies. Web3Quant is purely a research publishing firm and does not provide any personalized financial advice. Do your own research and consult your financial advisor.**

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