The first image is of my rehearsal on April 8 for the annual upgrade of BTC to a higher wave five. At that time, the BTC price was 74,500 (we also precisely bottomed BTC and ETH at the 74,500 position). Currently, BTC resembles the price movement of gold over the past 30 years (image four). Bitcoin is now digital gold, requiring no physical transportation, and can resist inflation (there are only 21 million in total). Currently, 80% of Bitcoin is in the hands of Americans. In every stage of dividends, the U.S. always manages to seize the initiative, which is impressive.
The second image is of my rehearsal at the end of May for the future trend above 100K for BTC. It can be seen that the 1.618 position above is a coin price of 245,000. Our first target is 180,000, and for long positions at lower levels over the next year, we will only buy and not sell. The second target is around 220,000, and at this position, we will also only reduce our positions and wait for a correction to add more. Based on the current market and institutional actions, BTC is not likely to have more than a 30% major correction before it surpasses 200,000. So if you missed BTC at 74,500, then those who got in around 100,600, as I mentioned a few days ago, can basically hold for a long time. Many people have been waiting for a correction and the longer they wait, the higher it gets. The best strategy here is to dollar-cost average at the current price, synchronizing with ETH and SOL, keeping 70% of the position for mainstream coins and 30% for some altcoins. Manage your positions well, hold steady in a bull market, and basically by the first quarter of next year, you can sell all the altcoins and switch to BTC. This is a good strategy.
By the way, for everyone concerned about ETH, I previously shared the ETH price chart. There are two major anticipated events for ETH: first, the ETH ETF staking application is expected to be approved by the SEC in the next 60 days; second, the on-chain gold dog wlfi will also play a role when it arrives.
Basically, when BTC reaches 150,000, ETH should move to around 4,600, so ETH is still at a low position, just like BTC, it's better to hold long positions. SOL is also better for long-term holding.
I am Afo, a professional trader.
Feel free to comment, like, and share. One-click triple connection.
