I am 99% in the market, and even if a dump happens, it will not be beneficial for me, meaning my emotions are not linked to or in favor of the dump.
Altcoins have already taken a significant dip, and most people in the market have filled their bags and are now waiting for the market to pump.
I have many reasons for expecting a dump, and I will list a few of them here:
• Bearish Head and Shoulders Pattern
• Fair Value Gap / Imbalance
•CME Futures Gap
• Every correction from $15K to $75K has been 22%, which has not yet been completed in the current zone
• RSI on the daily timeframe has not reached the oversold level
• The Fear and Greed Index has not entered the fear zone
• Bitcoin liquidation at $114K is $1 billion, while at $86K, it is $8 billion
CME Gap + Fair Value Gap + Head and Shoulders Pattern Target + 200-Day Moving Average + Every High Followed by a 22% Correction + RSI Oversold + Sentiment in the Fear Zone + Liquidations
All these indicators point to the same target, which is a price of $80,000, where all these factors will align, strong buying opportunities will arise, and people will panic.
I don’t know for sure if this movement will happen in the market, but I am just discussing the signals.
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$BTC #