BTCNextMovear

💫💫💫Mega Bull Run: Winning Requires Patience and Strategy💫💫💫

In every mega bull run, corrections are inevitable. If your mindset isn't prepared, you're likely to make costly mistakes. Here's a reminder from past cycles:

🔹 2017 Bull Run: Bitcoin ($BTC )
faced multiple 30-35% corrections, with altcoins suffering even more significant pullbacks.
🔹 2021 Bull Run: Between January and summer, we witnessed five major corrections, testing traders’ patience and strategy.

A bull run doesn’t mean endless green candles. The market follows a cycle: it gives 1, takes 2; gives 3, takes 2. Jumping from trade to trade without a plan leads to capital losses.

Key Takeaways for This Cycle:

1. Stick to Spot Trading or Low Leverage: Using 1x-2x leverage helps you navigate corrections with less risk.

2. Stay Patient: Corrections are part of the journey. Avoid panic-selling during dips.

3. Protect Your Portfolio: Stick to your strategy, and don’t let emotions dictate your moves.

The next move isn’t about timing the perfect trade but protecting your capital for the long-term.

#BTCNextMovear #USUALBullRun #CorePCESignalsShift

The cryptocurrency market today experienced a sharp decline, with Bitcoin dropping by 8% to $93,900. This downturn has led to more than $57 billion being wiped out from the memecoin market in the past two weeks alone. Despite the market's struggles, there are notable developments as MetaMask launched a new crypto debit card integrated with its wallet, providing users with easier access to spend their digital assets. Meanwhile, Doodles has hinted at the launch of its own token, causing a surge in its NFTs by 50-500%. Additionally, Myriad Foundation announced the introduction of its $MYR token, aiming to expand its ecosystem.
In other news, there's been significant regulatory activity, with the SEC approving two new spot Bitcoin and Ethereum ETFs, reflecting a growing acceptance of cryptocurrencies in traditional finance. However, the market also saw the largest single-day outflows from Bitcoin ETFs, breaking a 15-day streak of inflows. Japanese investment firm Metaplanet has raised $60.6 million, signaling continued interest in institutional investments in crypto. Stablecoin trading activity is on track to reach a yearly high, showcasing the sector's resilience and utility in the current market environment.
These developments paint a picture of a crypto market in flux, with both positive innovations and bearish market signals influencing investor sentiment.
#USJoblessClaimsFall #BTCNextMovear #CorePCESignalsShift