Top 10 Cryptos for April 2024

As a crypto investor, your main focus right now is probably on how high do we go and how much money can you make, and we can certainly look at that in this month's release with our target sell levels… But before we get into that I want to talk about a far more important matter, ALIGNMENT. This word can mean many things to you personally, but we will use it in the context of ‘alignment to your bigger vision’.

When your results start drastically improving, like I am sure they have over the last 12 months with Bitcoin up 150%, you can get distracted by the numbers on the screen and lose the visions of what your goal is.

If you don’t have ultimate clarity on your overarching outcomes that you are trying to achieve, you may find yourself misaligned and potentially watch your portfolio peak and run all the way back down. Let this be a pre-warning for you. Get clear on your targets now and become aligned with them fully. Be sure to celebrate the wins on the way by having stage gates, that when hit, you will remove some money from the market and enjoy the fruits of your labour. This may mean a family holiday or upgrading the car, whatever is important to you.

Don’t get attached to a certain outcome… For example, if you invested $200k and your target is $1m, you may hit $800k before the market potentially goes through a downturn and you don’t sell because you haven’t hit your ultimate target yet, only to find your portfolio valued at $200k 12 months later….

The money you probably already have and will continue to create in crypto, can make a huge difference in your life, so please avoid letting the greed emotion get the better of you because it may be about to dial up a notch more.

Let’s Talk Cycle’s

We are yet to have full confirmation of if we will see a typical 4 year cycle pattern or an extended cycle. The data I share below has somewhat contradictory information, starting with the HODL patterns below. This outlines that we are seeing typical cycle behaviour of longer term holders starting to offload. As you can see, it doesn’t mean we are at the cycle top, but progressing towards this. 

On the chart below, I have outlined Fibonacci extension levels for Bitcoin as a rough guide of expected targets. I will remind you, this is just one piece of data I am using for price predictions. It is best to have multiple data sets to help with this. With the halving knocking on the door, just 23 days away, we have never seen an all time high put in prior to this event… So we have to accept that things are different this time round.

The numbers on the chart below demonstrate this… $94.3 BILLION of institutional money has flowed into Bitcoin in the past 6 months. This is something that we never saw in the last cycle that was retail dominant.

A shift in perspective….

Institutional money is just getting started, with other major stock markets around the world, like London Stock Exchange getting set to launch Bitcoin Exchange-Traded Notes (ETN’s) on May 28th.

Let’s run some future forecasting. 

The current market cap of gold is $14.8 Trillion. With the new age of wealth shifting in and consciousness expanding, I’d suggest that by 2030, Bitcoin will be knocking on the door of Gold, if not, it may have already surpassed it!

You heard it here first!

Our current portfolio of Cryptocurrencies was chosen for technical outlook, narrative capture and market sentiment.

*Please refer to the Technical Terms Glossary at the end of this section for an explanation of technical terms.

• All prices below are current at the time of writing - $US

• Date of completion 27/03/2024

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