For Those Who Didn't Read My Article on Muhabbit #doodle

Ladies and Gentlemen, we have left behind another week where those who have cash wish they had bought it and those who have goods cannot spend a moment without thinking about whether #btc will decrease or whether they should sell.

I say it all the time, and I will say it again. You always suffer the losses and stress of being completely in the goods and completely in the spot. If you want to make money, you must first keep your psychology strong. The most important factor in this is that you have enough goods to sell when they come out and enough cash to buy them when they fall. This rule of mine has not changed and will not change. Even in the bull market, 20% of my wallet will remain in cash to take advantage of opportunities.

Weekly Market and Bitcoin Analysis

The information I wrote in last week's article is still valid. "#Bitcoin As long as it holds above 32800, it is useful to wait for the target levels of 37400-40500-42500, respectively. “I do not expect a higher number and my expectation for a decline continues.”

As of 37400, I turn off all my long exposures. If it goes over, I will look for a short position. If there is a good selling opportunity, I sell my spots that have reached the swelling point in RSI and wait for the decline.

Has the Bull Arrived?

I neither think there is a possibility of a bullish start from here nor do I see such data in the analyses. I believe that the market, which has been rising for 10 months, should now drop to 20 thousand levels. After a final bottom before the halving, ETF approval decisions, their pricing accumulation process, and then the bull run begins. This means a minimum of 6 months for the bull to start.

Effect of Fed Interest Rate Decision on Price

The decision to keep the interest rate constant was already almost clear in the latest data. That's why I don't think it will affect the price positively. While I was writing my article, Powell's speech was about to start and I do not think he will touch on the cryptocurrency market in these speeches. But since he leaves the interest rate constant, I expect a hawkish speech.