# BTC The ongoing correction in the market may reach the blue zone, marking the furthest extent of the correction.
After the correction is complete, the potential targets for this cycle are marked in green.
The ongoing correction in the Bitcoin market may reach the blue zone, marking the furthest extent of the correction. Following the completion of the correction phase, the potential targets for this cycle are projected to be the green-marked levels. #ScalpingStrategy
$BTC The state of the cryptocurrencies is ending Good day to you all, each by their name.
I know that the market has exhausted you, and some of you have been affected in your personal lives, and your mental state has become unable to accept anything related to cryptocurrencies. But this is the nature of the markets; despite their harshness, they satisfy the committed, patient ones who decide to stay.
The most successful traders throughout history share one common factor: patience, persistence, and continuity. Simply deciding to enter this market, which is considered emerging compared to traditional markets that have been around for decades, is in itself a step that will make you distinguished in the future.
And your losses today in the market are your lifeline and will refine your experience in the future.
The strongest traders in the world have gone through losses that could have pushed them out of the market forever, but their persistence was the reason they were labeled as the strongest traders.
For example:
Paul Tudor Jones The person who summarized his entire career in the markets in five words: (stay - stay - stay - stay - stay)
Raymond Barone Who summarized it by saying that profit is not in selling or buying, but in waiting. (In other words, as an investor, if you are convinced of your investment, the only barrier between you and achieving profit is patience.)
As for Jesse Livermore, he is a person considered a legend of success and failure, rise and collapse. You can watch his complete story on YouTube, it is available.
And I repeat again: they all shared the aspect of continuity.
#USNationalDebt Total 3 $BTC represents The liquidity of altcoins, excluding Bitcoin and Ethereum. Despite the recent surge achieved by the coins in the past period, they have not yet reached the peak of 2024, and their movement is considered very limited.
The first target for Total 3 will be the peak of 2024, and if it is breached, we might see a peak marked in blue. Despite Bitcoin's rise and the movement of coins in the past few days, we have not seen significant movement in altcoins, so I am still waiting for an altcoin season.
"Total 3 represents the liquidity of altcoins, excluding Bitcoin and Ethereum.
Despite the recent surge, these coins have yet to reach their 2024 peaks, and their movement remains relatively limited. The first target for Total 3 is the 2024 peak, and if breached, we may see a new peak marked in blue. Despite Bitcoin's rise and recent market activity, we haven't seen significant movement in altcoins, so I'm still anticipating an altcoin season."
$BTC Top 5 Books by/About the Best Traders of All Time
1) Jack Schwager - "Market Wizards" • Why it deserves to be read: Interviews with the greatest traders (Paul Tudor Jones, Bruce Kovner, etc.). These are not just success stories - these are real strategies, psychology, and risk approaches.
2) Mark Douglas - "Trading in the Zone" • Why it deserves to be read: One of the best books on trading psychology. It teaches thinking in probabilities, controlling emotions, and eliminating mental blocks that interfere with profitable trading.
3) Jesse Livermore - "Reminiscences of a Stock Operator" • Why it deserves to be read: The technical autobiography of one of the earliest legendary traders. A classic in this genre of trading books.
4) Larry Williams - "Long-Term Secrets to Short-Term Trading" • Why it deserves to be read: The author is a world champion trader who increased his account by 11,000% in a year. The book is a treasure trove of technical analysis and short-term strategies.
5) Alexander Elder - "Trading with Dr. Elder" • Why it deserves to be read: A complete course on trading: from psychology and strategy to risk management. Elder is a trader and practicing psychologist, which helped him perfectly describe how a trader's mind works.
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#PowellRemarks By the way, in this wave, any correction should ideally be a quick rebound within one to three days at most, and the correction percentage should not exceed 10% to 15% on currencies and for Bitcoin from 3% to 5% at most.
#CryptoStocks Bitcoin now at 104 thousand - The trend is upward Correction endpoint is a breakout at 109 thousand And a close for three days targets a historical peak First target 113 thousand Second target 120 thousand and should be updated upon reaching the second target, God willing,
- Important weekly support to maintain at 93 thousand to continue the upward trend.