#BTCBreaksATH
The Speculator
✅ Since Bitcoin $BTC has now made a new peak.. and Ethereum $ETH has risen concurrently with a 9% increase, it hasn't outperformed Bitcoin's rise. It's normal for Ethereum to be pressured with the altcoins during the least correction of Bitcoin.
The positioning in longs must ensure that Bitcoin
doesn't drop or correct by 3% to avoid getting a slide with the altcoins.
Therefore, positioning in longs will be stable above 112,000 for Bitcoin with good daily closes above it, as mentioned above. At that time, you can ensure that Bitcoin will be in the range of 112/120, and the 112 area has become strong support and will not betray you, nor will it create a 15% dump in two days. You can enter quick speculative opportunities in some altcoins that are few and might give you anything satisfying from the longs, if it succeeds in holding above it.
However, if it fails to do so, as soon as it breaks 109500, you will find the scenario of February 3rd happening again in the altcoins and flashes measuring in meters.
$XRP
#TrendTradingStrategy
