What a shame to be carried away by emotions. Analyze data, evaluate strategies.
Economically, #TRUMP is right and will achieve its goals. The self-inflicted market declines were necessary because the previous administration had inflated the markets to win the elections.
Without a doubt, this crypto market drop is sharp, however, is it a collapse or a healthy pause? The regulated market continues to be the compass. No making things up with #BTC that doesn't exist yet and will remain so for years. Really, few crypto projects will be mature enough to have their own base. The S&P 500 has a very high P/E ratio of 32, when its average is 16.8... that implies it must fall. If the S&P falls, everything falls. Period. 10-year bonds continue to fall, which implies that inflation expectations are decreasing. Good for the market.
$BTC The declines are panic selling, and it seems they will continue. Profit-taking or something we don't know? 🤔 For now, the regulated market is experiencing a healthy pullback. As long as the sp500 doesn't have a breakout that breaks the bullish structure, we're doing well. I lean towards the hypothesis of "profit-taking" precipitated by the hack to #Bybit . We need to monitor the behavior of the regulated market. That will give us the true guideline on whether there is a collapse-crash or not.
Btc remains weak. The rebounds are meager. Testing of 77000 is likely, something I previously considered completely improbable before the hack.
I have a slight feeling that the next big bullish movement might occur or will have to do with $TRUMP . This year will undoubtedly be very good for adoption, and it will even serve as a foundation for the following ones. The cycles are going to vary, there will be a lot of speculation and volatility since the president of <t-23/>#EEUU is a bit wild in his statements, and he is reorienting global forces in various directions. It will not be an easy year, but if you do it right (always have plenty of liquidity), you will be able to withstand sudden rises and falls.
When there is a lot of #Volatilidad atility, I don't wait for the best moments to take profit. I exit the market quickly and wait for a new movement. I'm doing a lot more trading and I'm much more alert. Even after #TRUMP 's speech, it's going to be wild, with whales wreaking havoc. Liquidity is a must. And risk management is essential. I remind myself that it is more important not to lose than to win. There is always time to make money. I don't want #FOMO to take over my operations.
For the weekend I will wait for this pullback to reposition myself in currencies that have had strong behavior, in light of Monday's volatility. We are on the doorstep of a #Altseason Operate with great care, as there is much of the news #TRUMP price-in, that is, already within the price of #BTC and its movement.
It is happening as we had predicted. With a figure of #IPC without complications and the assumption of #TRUMP on Monday, everything points to a start of #Altseason
Be very careful. There is going to be a lot of volatility over the weekend, during and post-assumption. It is very likely that there will be a sweep, meaning a good profit-taking before continuing to rise.$
Even so, this Q1 looks very good.
A lot of volatility in $ETH nice to take advantage of this good asset.
I will take profits, I will not wait for highs. I will seek to have liquidity and take advantage of pullbacks.
#BTC a 5 minutes until today's closing and this bounce structure looks very good, added to the data of #IPC de tomorrow (according to the data) and the assumption of #TRUMP on Monday, something that has historically been bullish for the markets, it seems that #altsesaon is coming...
This is what the market is going to do in the next few weeks, until the new interest rate decision:
Until August 20-22: New fall from #btc to the level of 52-50k not falling below the previous low, but without a big bounce. Lots of fear in the market for #mpbox Ukraine, Israel, but nothing. Harris is doing well for the elections so nothing is going to happen (if Trump gets ahead in the polls it changes everything).
Approx. August 22 until the interest rate decision: Sideways, boring, without major volume, accumulation. If there is no nuclear bomb by September, buy.
After the decision of #FED : great volatility and first bullish movements with big rejections, until recovering the 60k from there to fly.