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ProfitCircle Mr P
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$BTC
"The bias is just.. well, it’s UP! Clearly UP!" — Mr. P
...then you wake up one day and Bitcoin is sitting at $122.5K
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ProfitCircle Mr P
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August Gameplan Playing Out Back in July, my roadmap was simple: The first half of August would be bullish. That move played out in full while many were fading it. The key lesson is markets reward positioning ahead of time, not hesitation. By August 11th, with $BTC and $ETH at peak momentum, I reiterated what the Macro Report had already outlined: The second half of the month would not look the same. Sideways, flat, and potentially painful for late entries. That’s where discipline matters. Two days before the local top, We took it as an exit-conversion opportunity for high-risk alts and rotate into $ETH or stronger alternatives. The reasoning was straightforward: When the market transitions, capital must be preserved. Today, those “garbage” alts are down 20% or more, while $BTC and $ETH have held relatively better. Trading isn’t about catching every wiggle, it’s about aligning with structure. Protecting capital in chop is just as important as compounding during trends. That’s why sometimes the best trade is to sit on your hands until momentum returns. For Garbage Alts: The next pivot will come into focus by mid-September. That’s when we reassess risk and decide whether it’s time to rotate back into higher-beta alts or continue building with $BTC and $ETH at the core. Patience now sets up opportunity later.
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Not 2, but 10. Ready? I (Mr.P) will do this Myth Buster series myself. 2 months ago, Report Buyers got it timely and well-deserved. Now it's your turn. Will BUST MYTHS primary that are still applicable after 2 months. Going to be Exciting series on X... Each Myth must get 50 Reposts so we proceed to next one & I'll also engage in Comments to Shed light on my potentially Controversial Views on Market.
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$ETH still consolidating in these two lines lol It's questionable how I drew them, but accurate. Btw break of the Orange Trendline should be Bullish on Selective Alts. $BTC , not as much.
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$ETH just witnessed a historic moment! 🇺🇸 U.S. Spot #Ethereum ETFs poured in $2.85B this week, the biggest inflow ever recorded. BlackRock alone grabbed $2.32 billion ETH 🐋 Moves like this aren’t random… they’re telling us something big is coming. ⚡️
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$ETH is still stuck between these two lines. But structurally it is weak, 43xx 42xx possible, so I'm cautious, but those levels shall be a GREAT long opportunity, if they come.
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