$BTC investment challenge phase!
Yesterday, after the low-volume sell-off at the price range of 82k down to 78k, we have been waiting for continuous money flow signals to appear in the 78k area, and that signal has indeed appeared. However, the money flow that appeared in yesterday's session caused the price of BTC to recover from the slight sell-off (78k) back up to the 83k range, but at this stage, there is still caution as the volume remains at a low average level, indicating that organizations have not yet decisively pushed the price at this stage. Due to this indecisiveness, in the last two sessions of this weekend, organizations need to continue testing the supply strength at this 83k range to see if there is a strong sell-off similar to the sell-off from 82k down to 78k as seen two days ago; otherwise, organizations will not actually invest similarly to the phase on September 9, 2024.
Since the money flow scenario has entered and pushed the price of BTC but is still hesitant to continuously invest to drive the price of BTC up to higher price ranges, today organizations will allow retail and other organizations to trade with low volume around the price range of 80k - 83k. After these price ranges, if there is no large supply force emerging, organizations will consider continuing to invest to push the price of BTC after previously investing at the 78k price range (the sell-off area with low volume - also known as the LPS phase in the D phase according to WICKOFF).
Currently, altcoins are taking advantage of the supply and demand testing by organizations regarding BTC to strongly push their own altcoins up at this stage, such as PROMPT, ORCA, BROCCOLIF3,... to attract retail investors during BTC's testing phase (disappointment). Therefore, our current strategy is to LONG the altcoins that are in the phase...




