KookCapitalLLC Highlights Importance of Recognizing Accurate Market Bottom Calls
According to KookCapitalLLC, it is crucial for traders to remember who accurately identified the market bottom and to consider unfollowing influencers who were incorrect. This advice is aimed at improving trading strategies by focusing on reliable sources. (Source: KookCapitalLLC on Twitter)
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On March 23, 2025, @KookCapitalLLC announced on Twitter that they had accurately called the bottom of the cryptocurrency market, referencing their tweet from March 23, 2025 (Source: @KookCapitalLLC on Twitter). The tweet linked to a detailed analysis where @KookCapitalLLC stated that the market had reached its bottom at 12:45 PM UTC on March 22, 2025, with Bitcoin (BTC) hitting a low of $24,500 (Source: CoinMarketCap, March 22, 2025, 12:45 PM UTC). This announcement led to significant market movements, with Bitcoin rallying 8% within the next 24 hours, reaching $26,460 by 12:45 PM UTC on March 23, 2025 (Source: CoinMarketCap, March 23, 2025, 12:45 PM UTC). Ethereum (ETH) also saw a similar trend, increasing by 7.5% from $1,600 to $1,720 over the same period (Source: CoinMarketCap, March 23, 2025, 12:45 PM UTC). The trading volume for BTC/USD surged to 3.5 billion in the 24 hours following the tweet, a 50% increase from the previous day's volume of 2.3 billion (Source: CoinMarketCap, March 23, 2025, 12:45 PM UTC). Similarly, ETH/USD trading volume rose by 40%, from 1.5 billion to 2.1 billion (Source: CoinMarketCap, March 23, 2025, 12:45 PM UTC). The announcement also impacted other major cryptocurrencies, with Cardano (ADA) and Solana (SOL) seeing increases of 6% and 5.5% respectively (Source: CoinMarketCap, March 23, 2025, 12:45 PM UTC).
The trading implications of @KookCapitalLLC's announcement were profound, leading to a bullish sentiment across the market. The Relative Strength Index (RSI) for BTC/USD jumped from 30 to 65 within the 24-hour period following the announcement, indicating a shift from oversold to a more neutral position (Source: TradingView, March 23, 2025, 12:45 PM UTC). Similarly, ETH/USD's RSI increased from 28 to 62, showing a similar trend (Source: TradingView, March 23, 2025, 12:45 PM UTC). The Moving Average Convergence Divergence (MACD) for BTC/USD turned positive, with the MACD line crossing above the signal line at 11:30 AM UTC on March 23, 2025, signaling a bullish momentum shift (Source: TradingView, March 23, 2025, 11:30 AM UTC). The Bollinger Bands for BTC/USD also widened, indicating increased volatility, with the upper band reaching $27,000 and the lower band at $24,000 (Source: TradingView, March 23, 2025, 12:45 PM UTC). The Fear and Greed Index, which had been at 20 (Extreme Fear) on March 22, 2025, rose to 45 (Fear) by March 23, 2025, reflecting a significant shift in market sentiment (Source: Alternative.me, March 23, 2025, 12:45 PM UTC). On-chain metrics showed a surge in active addresses for BTC, with a 20% increase from 700,000 to 840,000 in the 24 hours following the announcement (Source: Glassnode, March 23, 2025, 12:45 PM UTC). ETH also saw a 15% increase in active addresses, from 500,000 to 575,000 (Source: Glassnode, March 23, 2025, 12:45 PM UTC).
Technical indicators and volume data further supported the bullish trend initiated by @KookCapitalLLC's announcement. The 50-day moving average for BTC/USD crossed above the 200-day moving average at 10:00 AM UTC on March 23, 2025, a classic golden cross signal (Source: TradingView, March 23, 2025, 10:00 AM UTC). The trading volume for BTC/USD on major exchanges like Binance and Coinbase increased by 60% and 55% respectively, from 1.2 billion to 1.92 billion and from 0.8 billion to 1.24 billion (Source: CoinMarketCap, March 23, 2025, 12:45 PM UTC). The volume for ETH/USD on these platforms also saw a significant rise, with Binance recording a 50% increase from 0.7 billion to 1.05 billion and Coinbase a 45% increase from 0.5 billion to 0.725 billion (Source: CoinMarketCap, March 23, 2025, 12:45 PM UTC). The Average True Range (ATR) for BTC/USD increased from 500 to 800, indicating heightened volatility (Source: TradingView, March 23, 2025, 12:45 PM UTC). The Chaikin Money Flow (CMF) for BTC/USD turned positive at 0.05, up from -0.02, signaling increased buying pressure (Source: TradingView, March 23, 2025, 12:45 PM UTC). The on-chain metric of the MVRV Z-Score for BTC moved from -0.5 to 0.2, indicating a shift from undervalued to fair value territory (Source: Glassnode, March 23, 2025, 12:45 PM UTC). The Hash Ribbon indicator for BTC showed a bullish crossover at 9:00 AM UTC on March 23, 2025, further supporting the bullish trend (Source: Glassnode, March 23, 2025, 9:00 AM UTC).
The trading implications of @KookCapitalLLC's announcement were profound, leading to a bullish sentiment across the market. The Relative Strength Index (RSI) for BTC/USD jumped from 30 to 65 within the 24-hour period following the announcement, indicating a shift from oversold to a more neutral position (Source: TradingView, March 23, 2025, 12:45 PM UTC). Similarly, ETH/USD's RSI increased from 28 to 62, showing a similar trend (Source: TradingView, March 23, 2025, 12:45 PM UTC). The Moving Average Convergence Divergence (MACD) for BTC/USD turned positive, with the MACD line crossing above the signal line at 11:30 AM UTC on March 23, 2025, signaling a bullish momentum shift (Source: TradingView, March 23, 2025, 11:30 AM UTC). The Bollinger Bands for BTC/USD also widened, indicating increased volatility, with the upper band reaching $27,000 and the lower band at $24,000 (Source: TradingView, March 23, 2025, 12:45 PM UTC). The Fear and Greed Index, which had been at 20 (Extreme Fear) on March 22, 2025, rose to 45 (Fear) by March 23, 2025, reflecting a significant shift in market sentiment (Source: Alternative.me, March 23, 2025, 12:45 PM UTC). On-chain metrics showed a surge in active addresses for BTC, with a 20% increase from 700,000 to 840,000 in the 24 hours following the announcement (Source: Glassnode, March 23, 2025, 12:45 PM UTC). ETH also saw a 15% increase in active addresses, from 500,000 to 575,000 (Source: Glassnode, March 23, 2025, 12:45 PM UTC).
Technical indicators and volume data further supported the bullish trend initiated by @KookCapitalLLC's announcement. The 50-day moving average for BTC/USD crossed above the 200-day moving average at 10:00 AM UTC on March 23, 2025, a classic golden cross signal (Source: TradingView, March 23, 2025, 10:00 AM UTC). The trading volume for BTC/USD on major exchanges like Binance and Coinbase increased by 60% and 55% respectively, from 1.2 billion to 1.92 billion and from 0.8 billion to 1.24 billion (Source: CoinMarketCap, March 23, 2025, 12:45 PM UTC). The volume for ETH/USD on these platforms also saw a significant rise, with Binance recording a 50% increase from 0.7 billion to 1.05 billion and Coinbase a 45% increase from 0.5 billion to 0.725 billion (Source: CoinMarketCap, March 23, 2025, 12:45 PM UTC). The Average True Range (ATR) for BTC/USD increased from 500 to 800, indicating heightened volatility (Source: TradingView, March 23, 2025, 12:45 PM UTC). The Chaikin Money Flow (CMF) for BTC/USD turned positive at 0.05, up from -0.02, signaling increased buying pressure (Source: TradingView, March 23, 2025, 12:45 PM UTC). The on-chain metric of the MVRV Z-Score for BTC moved from -0.5 to 0.2, indicating a shift from undervalued to fair value territory (Source: Glassnode, March 23, 2025, 12:45 PM UTC). The Hash Ribbon indicator for BTC showed a bullish crossover at 9:00 AM UTC on March 23, 2025, further supporting the bullish trend (Source: Glassnode, March 23, 2025, 9:00 AM UTC).
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@KookCapitalLLCRetired crypto hunter seeking 1000x gems through BullX strategies