๐ธ Recent bullish bounces are fueled by news, but once liquidity above $84K is swept, a correction is likely. Hereโs why:
๐ธ Fundamentally, #TRUMP is pumping and dumping the market with alternating good and bad news. The latest talks about tariffs between the U.S. and Canada are just another short-term trigger.
๐ธ The current bounce from $76K to $84K is purely news-driven. Once that momentum fades, expect another BTC dump.
๐ธ In our previous analysis, we identified $75,500 - $77,500 as strong support. While BTC bounced from there, we didnโt buy, as previously explained.
What Should You Do Now?
โ If you bought around $77K, take profits and wait for the next dip.
โ Technically, BTC may sweep liquidity from $84K and drop to $74K or lower.
โ Look for a strong shakeout candle before buying again.
โ Once I buy #Bitcoin, Iโll update.
Why Am I Expecting Another Dump?
๐ธ Retail traders must face pain before any mega rally.
๐ธ In early 2024, after the ETF approval, BTC corrected 27% to flush out FOMO buyers.
๐ธ In mid-2024, BTC corrected 50% from its ATH to shake out weak hands.
๐ธ Now, BTC is removing those who bought in the Trump rally hype.
๐ธ 90% of FOMO buyers may be wiped out before BTC rebounds.
Where Is BTC Headed Next?
๐ Short-term dip: BTC could fall to $74K or lower, depending on volume and market sentiment.
๐ Long-term rally: Once the shakeout is complete, BTC could bounce back and target $135K in the next major run.
Altcoin Accumulation Strategy
๐ธ Iโm accumulating #altcoins with 30% DCA strategy, focusing on #Layer1 projects.
๐ธ Diversify! Donโt put all your funds into just 2-4 projectsโspread across 15-20 solid altcoins.
๐ธ Alts may rally soon, delivering 2X - 3X gains in the coming weeks.
๐ข If this post hits 500K views, Iโll share my top altcoin picks!
Final Takeaway
๐ก Start accumulating altcoins now, but be prepared to buy more if they drop another 30%.
๐ก Wait for one more BTC dump before buying.
๐ก Patience and strategy will win in this market.
If you found this helpful, donโt forget to like, share, repost, and drop a comment if you want more updates!