Weekly closure and the importance of breaking the $96,000 areas
And what is the importance of Ethereum breaking the $2,000 areas?
As for Bitcoin, if we break the $96,000 areas and hold above them, it will take us to the historical peak areas, and then I will update ((my expectations for Bitcoin if the historical peak is broken to go to areas of approximately $125,000)) The important thing is that if we cannot break the $96,000 areas, keep in mind the return to the $74,000 to $72,000 areas. I am bullish on Bitcoin, but caution is necessary. Recently, I said that I sold a little for profits from my trading wallet and secured capital as a precaution for a visit to the $74,000 to $72,000 areas. If it rises, we are in the market.
Ethereum is at its most important resistance areas, breaking it will give the momentum to rise to approximately $2,500 as a first target, but we need to break the $1,850 to $2,000 areas before that.
My brothers, a piece of advice for you: do not be afraid of the market. In every drop that scares you and pushes you out, it rises again. This is the whales' game. Think like a whale, and you will see how people sell in red and buy in green, even if your capital is small. If you do not think with the mentality of the whales, you will not succeed. When managing your capital and dividing it into stages, you hope the market drops to take your other orders while you are already in it. Change your mindset, let go of fear, think rationally, and do not invest all of your capital. Always wait for corrections and be patient, as patience is the key.
