In his latest update, Ivan is confident and optimistic about the crypto market going into August. Here's a quick breakdown of his outlook:
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Bitcoin: Ivan expects a breakout to $150K this August, based on weekly cycles and past patterns. He’s betting on it - but warns that if BTC drops to $102K, it turns bearish on his key indicator.
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Ethereum: ETH is close to breaking resistance at $3.8K. Ivan sees it pushing past its all-time high around $4.6K if momentum kicks in. He compares ETH to Moses, leading the way for altcoins.
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Solana: Bullish but waiting on confirmation. Ivan sees $250 as a realistic and even conservative target if things align on both USD and USDT charts.
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Sui: One of his top picks right now. Big treasury backing ($440M) has Ivan expecting a move to $5+ as the ecosystem grows.
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Altcoins in General: Ivan is bullish on the altcoin market overall. He expects August to be a strong month, especially if ETH dominance drops further.
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Institutional Momentum: Ivan highlights a major shift - big companies are now treating not just BTC, but ETH, SOL, TRX, and BNB as treasury assets. He sees this as a major validation.
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Ray Dalio Endorsement: Ivan calls it huge that Ray Dalio now recommends putting 15% of a portfolio into Bitcoin or gold, after being skeptical for years.
Ivan’s bottom line:
He’s betting on a massive August rally - led by BTC to $150K, ETH breaking out, and altcoins catching fire. He’s watching closely, staying bullish, and stacking more.
