🇻🇳 After reading, don't FOMO, East Lao brothers 🇻🇳 In reality, 110K cannot be considered the peak of BTC. BTC analyzes the monthly candle chart, similar to altcoins analyzing the weekly candle chart. Or smaller waves like the daily candles, H4, and H1. We will visualize it. The simplest view is as follows: BTC surpasses 69k from the previous season. Strong correction, firm support at 55-65k. Accumulating for a few months and rising to 110K to break the peak. That's one phase of increase completed. The second phase of increase. That is the price zone of 75K with strong signals reversing back to 100K. Confirming a strong upward trend preparing for the third phase. Also, this is the last phase of this cycle before entering a downward trend. The third phase of increase is when the wave runs strongest, the most intense FOMO, and the price is said to be "crazy". With a few 1M green candle columns, very intense. Then the next price zone, BTC could reach 190K. It could be more, but if anyone feels satisfied at 180K, just take half out. The remaining half can be played joyfully and gradually sold off. Absolutely: NO ADDITIONAL PURCHASE in the price zone above 170K. That is the phase where people are selling. My mistake as a newcomer was continuously buying BTC at 52K up to 63K, and continuing to buy in the range of 45-48K. That was the most fatal mistake, and also the time of losing the most money if we do not understand we are in a down phase of the market. What to do now? If you are an old trader, you play by yourself. If you are new, I say this for your additional reference. Don't go all in. Probability ratio of upward trend: 80%. The current point is at least 50% invested. BTC only decreases gently, altcoin drops gently. If BTC worst-case scenario goes to 88-90k, you should already fully invest in your favorite tokens. Just sit still in the spot, no need to do anything for 5 months.
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