Bitcoin Eagle 🦅 5.20 Accurate Market Analysis @everyone
Good morning, brothers. I have been reminding everyone to allocate more BTC,
BTC is indeed quite strong, especially when other altcoins are falling,
it continues to rise disregarding everything.
Yesterday, on-chain data showed that over 10,000 BTC flowed out of exchanges.
This is the current situation:
As long as you dare to sell, there are whales buying in.
There is no such thing as a price surge or an increase without reason in this world,
big capital bets on:
BTC will replace gold in the future.
Therefore, more companies are buying BTC,
State finances in the U.S. are buying BTC,
Sovereign countries are buying BTC,
Retail investors are continuously trading BTC.
Looking at the gold trend over the past two years,
it is very similar to BTC. No matter what day you look at the data,
there are always more short sellers than long buyers,
retail investors keep shorting and selling,
while central banks and institutions of various countries keep buying.
If BTC breaks through $110,000 and maintains that level,
altcoins are expected to rise again.
The situation in the crypto market is as follows:
In an extremely poor macro environment (U.S. tariffs are unfavorable, U.S. stocks are likely to fall)
big institutions and companies are optimistic about BTC's future, continuously increasing their positions.
If BTC surges, altcoins will rise as well.
But once BTC pulls back, altcoins will drop by the extent of the increase.
So the best strategy is to
(1) Allocate more BTC, do not adjust your BTC position.
(2) For altcoins, it’s best to trade in waves—buy when BTC dips a bit, sell after BTC surges.
(3) Use small funds to venture into the on-chain level.