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Dear All, I will like to say thank you for reading my posts. In this topics I will be sharing some insight into expected price levels on different securities where we can look for reactions to either BUY,SELL,TAKE PROFIT or EXIT our positions. So I will encourage you to sitback and relax for various trading opportunities. Also I will like to point out that this is for information and educational purposes only. If you have not traded, I will implore you to note that as much as there is huge rewards so ALSO IS THE RISK OF LOSS THAT IS POTENTIALLY POSSIBLE. Therefore aim to ask question and learn how you can mitigate against such challenges. My 1st POST will be on BTCUSD Above is the Monthly Chart of BTCUSD currently trading @ $10688 at the time of writing this. I want to call your attention to some timings. 1st Last Month Trading activities shows a lack of upward directional continuation which ended up in an indecisive months and the expectation of the, New Month of September can potentially be bearish especially failing to close above in those price zone of $11750 and $13965. Having note that Technically this Month of September Bearish tone is likely going to continue if we close below 10559 low of last month(Important Reference Point to Note) For now we are in potentially postive territory as we are trading above 10559 @ 10688. Look forward to the lower timeframe analysis of BTCUSD n my next post.

Predictions i am about to make here may sound unbelieveable, but as long as i have been in this scene, everything so far in has been unbelieveable. Potential Let's start by discussing potential. How much could bitcoin could grow realistically, or the total total crypto marketcap with it? First thing i do when i try to estimate valuation for an asset, i try to look if it has any competition and their marketcap, and how far the competition has risen so far. Then i try to figure out if my chosen asset has any changes of challenging the competition. And if it does, it technically could get at least a part of that marketcap if it doesn't even beat the competition. But when we look at the BTC or ETH for example, we have nothing in the past to compare them with. People are often saying that BTC is like digital gold, but it's really not. Gold can't compete with cryptos because usecases of gold are very limited compared to BTC or ETH. We might look for other past innovations to try to figure out what cryptos could be worth, but there are none, except maybe the internet. But we aren't competiting with the internet, infact bitcoin or eth might just become as valuable part of the internet as HTTP. Most people use HTTP every day without knowing what it is. Just like peoplewill use BTC without knowing what the Bitcoin protocol is or how it works. But because i think cryptos or even just bitcoin will be more valuable then gold, let me show you how that would look in the chart and how much we would have to rise. I will first do my prediction with the btc, with a simple TA and then try to implement that growth rate to total market marketcap because alts will follow bitcoin. Implementing that growth rate to total crypto marketcap: 25,300,000,000,000 marketcap is not bad.. Following my BTC prediction, we would go over gold marketcap with a bang, in fact, to show how huge that rise is, let me show you regular chart instead of logarithmic, just to get some perspective: Looking it like that makes you think that the rise will be impossible But my intuition says that what we have seen now is elliot wave third leg playing out and 300k is more then possible, and if altcoins follow with that rate If my math is correct, i am getting around 22% mc dominance for BTC, which sounds right And that that means there will be lot to share with altcoins. Last time ETH had around 14% dominance at the peak, And even if it has 10% this time, with current circulating supply ($2,530,000,000,000 / 113467501) that would make 1 ETH worth around $22297. So, good time ahead. But like i was saying, comparing btc or cryptos to gold is pointless. Because the value comes from the usecases. How many usecases will cryptos have? Will they be developed enough to be able to secure supply chains, disrupt voting, id, banks? How many other innovations will it disrupt? And if we want it keep such a system secure, how much are we willing to pay for protecting the chain? Wouldn't those coins need to be insanely valuable? When we were crashing last time in 2018, alts crashed hard and i heard people saying "This time it will be different". I thought it was a sarcastic joke, based on the past. But when i lately looked at things, they have changed, a LOT. During 2014-15 people were scared that this thing might not work out. And for most coins it didn't. People involved were more or less sketchy to outsiders, companies were small devs were pseudoymous, and the whole scene was unorganized. Bitcoin was more like gras roots geek money that most people didn't understand. Now we have actual institutional investors trying to get bigger and bigger marketshare, some coins are developing tech to disrupt the current stock exchanges. And regulators coming in left and right. Fundamentals are stronger then ever. We need to realize that this is a whole new ball game now Things that could hold us back With this comes things that many people will hate. FATW travel law will be one of them, kyc will probably be mandatory in most CEX and there will be no such thing as anonymous holding. Because with every fiat ramp there will be id check and you probably will have to prove where you got your cryptos. Cryptos like monero could be cracked, or just unaccepted. They will regulate all cex:es or regulated cex won't accept deposits from unregulated cex. It will be most likely the end for some people who were in this space for ideological reasons. They also might "split" the chain to clean and shady coins, and shady coins would will keep rotating in dark markets just like fiat money. We are living the best possible time to invest. So have fun while this last.

The euro has been supported by ECB meeting last week's which was not negative in accordance with market expectations and saw further support due to the rise in the selling on the dollar following the improved risk appetite. Eurozone inflation fell to its lowest level in more than four years, falling to a more negative than expected in September, which in turn led to heightened fears of a deflationary spiral caused by the Covid-19 . Consumer prices in 19 euro-sharing countries fell 0.3 percent year-on-year in September and 0.1 percent on a monthly basis, according to the EU Statistics Office Eurostat.