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WEI JUN ONG
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Something feels off about this #
Bitcoin
price action. Stair-stepping up… elevator down coming soon?
#BTC
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WEI JUN ONG
@xbtavery
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No need to FOMO here, you’ll get another chance to buy back in around $76K for #Bitcoin soon. Cheers!
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#Bitcoin holding strong while TradFi is nuking hard looks great but what if it’s a trap? We’ve seen this pattern before, haven’t we? Stay cautious, don’t blindly go long.
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Everyone is turning bullish, but with caution. The end of QT doesn’t mean the market will immediately reverse upward. We’ll likely need QE to kick in before seeing a full-blown bull market. On the bright side, at least we have a clearer trend for the coming months, bottoms will form gradually. As a result, any major dips in the future will be a buying opportunity! #Bitcoin
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There are tons of people on my timeline still analyzing the market based on previous cycles, predicting a Q4 2025 top for #Bitcoin. But let me ask you this, if Trump gets what he wants, with QT ending and QE kicking in by Q3 or Q4, do you really think Bitcoin will follow the previous cycle and crash in late 2025? By now, it should be clear that past market cycles don’t hold the same weight in this cycle. The market has evolved, and blindly following old patterns can be dangerous. Be like water. Adapt or die.
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I can’t shake off the feeling that this sell-off is highly controlled and manipulated. It's not only a crypto crash, it's the overall market crash, It’s almost as if they’re setting the stage for something big. I wouldn’t be surprised if this controlled drop continues until March 17-18 FOMC just in time for the Fed to pull an unexpected move, like cutting rates by 50 bps, triggering a massive pump to wipe out all the shorts after massive market damages have been done. The market always has a way of doing the unexpected…so always be prepared for the unexpected. Things won't fall forever, I felt that a violent pump will be coming soon..
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