๐ฅHi friends! I think not a lot of experts told you about this pattern, so support this educational idea with your BOOST๐ to make it more visible for many traders!
Today I explain you the VERY USEFUL method, which help you to identify the beginning of the bull market with the 99% probability. There is the point where you can open the biggest long trades and get the BIGGEST profit without much effort.
โ HOW TO IDENTIFY THE BULL MARKET BEGINNING WITH 99% PROBABILITY? ๐ The instrtuments that we need: 1. Tether (USDT) capitalization growth after the accumulation. 2. Bitcoin price with new Higher Highs (HH).
Look at the USDT cycles. As a rule, the growth of its capitalization coincides with the beginning of a STRONG growth of BTC.
The fall of Bitocoin and entire crypto market coincides with the consolidation of the USDT capitalization.
๐ฉ The simple formulas: 1. growth of USDT cap = growth of Bitcoin 2. consolidation of the USDT cap = Bitcoin fall
Additionally, I recommend you to wait until the BTC price make Higher highs (yellow line): 1. $4000 - 2019 2. $10200 - 2020 3. $24200 - 2022-2023(?)
As you can see, the most strongest growth beginning with the new HH on BTC chart.
So now you have TWO clear preconditions to open a long trade on BTC and any other crypto.
โ WHY IS THIS PATTERN SO SUCCESSFUL? ๐ฅ First of all, large players who have cash and do not have crypto want to quickly enter the market, but need a large number of stablecoins. The largest in terms of capitalization and the most liquid of all stablecoins is still Tether, so large players apply to this company and make an exchange from their cash to new printed USDT. ๐ฅ Secondly, a large number of beginners come to the market at the moments of growth, which also have a large amount of cash, but do not have crypto dollars.
These 2 cases force Tether to "print" more stablecoins.
๐ฉ The growth of Tether's capitalization stops at the very BTC ATH, when the demand for stablecoins falls. Despite the fact that the majority of altcoins will gain 300-400% for some time, there is no longer a need for new stablecoins. The bear market begins.
โ HOW TO USE THIS PATTERN IN YOU TRADING STRATEGY? LONG. With the update of Bicoin's local highs (now 24-25 thousand dollars) and the growth of Tether's capitalization, there is a chance to buy the crypto before the start of the "parabolic growth". The further decision is up to you: ๐ฅ buy altcoins with a possible profit of up to 500-2000%, but with a higher risk ๐ฅ buy Bitcoin with a possible profit of 200-500%, but with less risk ๐ฅ or at least close your short trades :)
SHORT. The most dangerous signal for crypto is when the USDT cap not grow. You can use this "signal" with others to confirm your short ideas. For example, false breakout of the ATH at 69k back at 2021. After this, the price of BTC fall for -70-75%.
โ Traders, Let me know if this idea was useful for you! Is it worth continuing to write such educational ideas? It is very important for me!
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.