Bullfinder AI Identifies Alt-Coin Upside...

In this edition of Bullfinder AI Insights, we take a look at the latest developments in the Cryptocurrency Market.

One of our recent points of focus, crypto smalls, have gained traction and experienced significant upside over the last month and a half.

Since the start of November, Bitcoin has gained approximately 40%, meanwhile some of the smaller coins have made rapid and impressive advancements.

Let’s take a look…

BTC Update -

Bitcoin currently sitting at $101,600, up ~40% since November.

Top Performer - XRP

Ripple (XRP/USD) experienced phenomenal growth since the beginning of November, gaining a whopping +480% .

The following coins were inclusions within the following previous Bullfinder AI articles:

• Momentum Guide Update - November 2024 Edition (12th Nov 2024)
  

• Major Inflection Point in the Cryptocurrency Market? (7th Nov 2024)

#1 - ETH (Before)

#1 - ETH (Current)

#2 - LINK (Before)

#2 - LINK (Current)

#3 - AAVE (Before)

#3 - AAVE (Current)

#4 - ADA (Current)

The following coins were also included within recent publications:

• AVAX +67%

• NEAR +71%

Latest Bullfinder AI Tech Reading…

Although this has been an exciting time for cryptocurrencies, it is important to remain emotionally balanced. Reviewing the impartial readings of Bullfinder AI tech may assist.

Here’s a summary of what it is saying at the moment…

• Alt-Coins (above-noted) - Current Momentum reading as ‘bullish’

• BTC - Current Momentum reading as ‘bullish’, however Warning #1 has been issued which may indicate an increased risk of recent upside movement maturing.
  For more information, Review: ‘Bitcoin: Warning #1 Issued by Bullfinder AI Tech’.

Please note - With BTC setting the pace for the entire cryptocurrency category, it is important to be aware of the environment within which bitcoin sits.

Since our tech has issued ‘Warning #1’ for Bitcoin, general sector wide caution may be warranted over the coming months and perhaps beyond amongst both large and small market capitalization cryptocurrency tokens.

Difference between ‘Current Momentum’ and ‘Optimal Entry Conditions’

It is important to distinguish between Current Momentum, and Optimal Entry Conditions. They are significantly different and not one and the same. Let me explain…

The Current Momentum of an instrument can be rated as ‘Bullish’, but it may not necessarily justify an entry at that particular point in time.

Bitcoin is a great example of this - Here we see price currently sitting at over $100,000 with a current momentum rating of ‘Bullish’…

…However, due to prices’ current highly extended position, it could be strongly argued that the current price environment does not reflect ‘Optimal Entry Conditions’ for an initial parcel.

It is worth noting, our Tech identified an entry opportunity in the later stages of 2023 as distinguished by the blue symbol on the chart - This timing was more congruent with our definition of ‘optimal entry conditions’ which is…

If you’re interested in learning more about the parameters of what constitutes an ‘Optimal Entry’ and maximizing your risk to reward profiles like a world class fund manager, reply to this email with ‘Entry Mastery’ for some free training.

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