BINANCE:BTCUSDT   Bitcoin / TetherUS
Intro
It's been a while that I have posted, was banned for plagarism (forgot to give proper credit for a chart).

Anyway; I wanted to give a brief update on what my systems are saying plus some comments about my thoughts.

The TPI
The TPI had been ranging between slightly bearish and neutral; this indicated that the downside trend was weak.
The 20th of closed a positive TPI value (Trend Probability Indicator Value)
During the entirety of this period; ETH had been underperforming BTC (as i had said mutliple times in my previous posts)


The long term TPI had help bullish for the entire period except for a short while

To avoid the issues of a trend system in isolation I lean on the Based Algo for support

The Based Algo
This mean reversion tool secured a good amount of profit, this overrules the slightly bearish TPI score


My brief thoughts
I am not an oracle, I can't foresee the future and I doubt anyone can...
In my humble opinion this current cycle doesn't look like the start of 2020, everyone is waiting for BTC to hit 12K and I believe it will get frontran, the altcoins have essentially all been bleeding on their BTC and ETH pairs and they are close to their price when FTX crashed

I do believe we go lower before the next halving, but not too much
I still see a potential fall in altcoins (slightly more significant that for ETH and BTC relative to their market cap)

I also understand that the SEC's loss to Ripple leaves more hope for the long list of alts that are on the radar of the SEC

Please comment your thoughts, I love to get challenging questions!
Stay safe and hydrated

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