zonjon
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Opened this trade for the past 6hours now..highest PnL was around 330$ now in a dilemma should close or hold?
but Moving average 25 is still lesser than 75 and 99 in 30m to 12hrs won't the bounce be a temporary trap ?
MU_Traders
--
#BTC Tapped mentioned zone probably it will bounce now upto $90K atleast In Sha Allah
noted
$BTC ā Bulls Fighting, Bears Pressuring!
Bitcoin is rebounding from the $93K zone, now trading at $96,182 (-0.15%). While the bounce is promising, BTC still faces key resistance that must break for continued upside.
š Technical Breakdown
š¹ 1D Chart:
ā¢ Above mid-Bollinger Band but struggling at resistance.
ā¢ RSI 57.8 ā Neutral, needs stronger momentum.
ā¢ MACD flipping bullish, but volume lacks confirmation.
š¹ 4H Chart:
ā¢ BTC bounced off $95K, but $96,800 - $97,500 remains a barrier.
ā¢ MACD is positive, but sustained volume is needed.
ā¢ Bollinger Bands tightening ā Expect volatility soon.
š¹ 1H & 15M Charts:
ā¢ Pullback after $96,600 high ā Possible retrace to $94,800 - $95,200 for re-entry.
ā¢ Short-term RSI cooling off ā Watch for reaction at support.
š Key Insights
ā $93K bounce confirmed ā Bulls defended support.
ā MACD turning bullish ā Momentum shift possible.
ā Resistance at $96,800 - $97,500 ā Needs strong volume to break.
ā Short-term cooling ā Pullback likely before continuation.
š On-Chain & Market Sentiment
š BTC.D steady ā No major dominance shift.
š° USDT.D holding support ā No clear trend yet.
š TOTAL3 recovering ā Altcoins showing strength.
š Whatās Next?
š» Rejection at $96,800 - $97,500 ā Retest of $94,800 - $95,200 possible.
š Break below $94,300 weakens bullish momentum.
š Breakout above $97,500 opens $98,800 - $100K targets.
šØ BTC is at a decision pointāwait for confirmation before entering.
š¢ Follow my trading journey, click here to copy my trades and šš°.
š¬ Like, share & comment to support the community.
š El Shaddai: (Hebrew: ×Öµ× ×©Ö·××Ö·Ö¼×) ā āGod Almighty, the All-Sufficient One.ā His grace sustains.
#BTC #CryptoAnalysis #TradingSignals #Signalš„. š„ $BTC #BinanceAirdropAlert
Bitcoin is rebounding from the $93K zone, now trading at $96,182 (-0.15%). While the bounce is promising, BTC still faces key resistance that must break for continued upside.
š Technical Breakdown
š¹ 1D Chart:
ā¢ Above mid-Bollinger Band but struggling at resistance.
ā¢ RSI 57.8 ā Neutral, needs stronger momentum.
ā¢ MACD flipping bullish, but volume lacks confirmation.
š¹ 4H Chart:
ā¢ BTC bounced off $95K, but $96,800 - $97,500 remains a barrier.
ā¢ MACD is positive, but sustained volume is needed.
ā¢ Bollinger Bands tightening ā Expect volatility soon.
š¹ 1H & 15M Charts:
ā¢ Pullback after $96,600 high ā Possible retrace to $94,800 - $95,200 for re-entry.
ā¢ Short-term RSI cooling off ā Watch for reaction at support.
š Key Insights
ā $93K bounce confirmed ā Bulls defended support.
ā MACD turning bullish ā Momentum shift possible.
ā Resistance at $96,800 - $97,500 ā Needs strong volume to break.
ā Short-term cooling ā Pullback likely before continuation.
š On-Chain & Market Sentiment
š BTC.D steady ā No major dominance shift.
š° USDT.D holding support ā No clear trend yet.
š TOTAL3 recovering ā Altcoins showing strength.
š Whatās Next?
š» Rejection at $96,800 - $97,500 ā Retest of $94,800 - $95,200 possible.
š Break below $94,300 weakens bullish momentum.
š Breakout above $97,500 opens $98,800 - $100K targets.
šØ BTC is at a decision pointāwait for confirmation before entering.
š¢ Follow my trading journey, click here to copy my trades and šš°.
š¬ Like, share & comment to support the community.
š El Shaddai: (Hebrew: ×Öµ× ×©Ö·××Ö·Ö¼×) ā āGod Almighty, the All-Sufficient One.ā His grace sustains.
#BTC #CryptoAnalysis #TradingSignals #Signalš„. š„ $BTC #BinanceAirdropAlert
Hey EL...it's happening right.
ALTCOINS NEARING A BOTTOM? šØ Critical Signs to Watch Now
Altcoins may be approaching a major bottom. While Bitcoin dominance could see another push higher, repeated bounces off this trendline increase the odds of a breakdownāhistorically the catalyst for altcoin rallies.
Novemberās altcoin surge began when Bitcoin dominance broke lower, and we may be setting up for round two. Over the next 72 hours, expect extreme volatility in the altcoin market. Bitcoin dominance is trading in a tight range, meaning a breakout or breakdown is imminent. Getting caught on the wrong side could be costly.
Additionally, RSI across multiple assets signals an oversold market. The average RSI sits at 26.61ādeep in bearish territory. Key takeaways:
1. Majority in Weak/Oversold Zone ā Most assets have RSI between 20-40, signaling potential reversals.
2. Scarcity in Overbought Territory ā Very few assets show strength, reflecting weak bullish sentiment.
3. Potential for Mean Reversion ā If buying pressure returns, a relief rally could follow, but oversold conditions can persist in strong downtrends.
This market may be nearing capitulation. Watch for reversal signalsāconfirmation is key before entering longs. Iām holding a number of spot bags, and DCAād at different key levels to play it safe; still in red, but the market will turn. ;)
If you want to grow with me, click here to copy my trades and šš°.
Like, follow and share š. Cheers and Stay Safe, the market is volatile friends, no need to be heroes now, to then become kamikazes.
El Shaddai: (Hebrew: ×Öµ× ×©Ö·××Ö·Ö¼×) ā āGod Almighty, the All-Sufficient One.ā His grace sustains.
#TradeSmart #crypto #copytrading #altcoins $BTC
$ETH
$XRP
Altcoins may be approaching a major bottom. While Bitcoin dominance could see another push higher, repeated bounces off this trendline increase the odds of a breakdownāhistorically the catalyst for altcoin rallies.
Novemberās altcoin surge began when Bitcoin dominance broke lower, and we may be setting up for round two. Over the next 72 hours, expect extreme volatility in the altcoin market. Bitcoin dominance is trading in a tight range, meaning a breakout or breakdown is imminent. Getting caught on the wrong side could be costly.
Additionally, RSI across multiple assets signals an oversold market. The average RSI sits at 26.61ādeep in bearish territory. Key takeaways:
1. Majority in Weak/Oversold Zone ā Most assets have RSI between 20-40, signaling potential reversals.
2. Scarcity in Overbought Territory ā Very few assets show strength, reflecting weak bullish sentiment.
3. Potential for Mean Reversion ā If buying pressure returns, a relief rally could follow, but oversold conditions can persist in strong downtrends.
This market may be nearing capitulation. Watch for reversal signalsāconfirmation is key before entering longs. Iām holding a number of spot bags, and DCAād at different key levels to play it safe; still in red, but the market will turn. ;)
If you want to grow with me, click here to copy my trades and šš°.
Like, follow and share š. Cheers and Stay Safe, the market is volatile friends, no need to be heroes now, to then become kamikazes.
El Shaddai: (Hebrew: ×Öµ× ×©Ö·××Ö·Ö¼×) ā āGod Almighty, the All-Sufficient One.ā His grace sustains.
#TradeSmart #crypto #copytrading #altcoins $BTC
$ETH
$XRP
load up on your XRP now it's never too late to start...as long as it's going all the above buying from 2.8 is still big gain. #BullishXRP
Jeremy Hogan says XRP is going all the way to 3 now matter what..as he closely involved in the #SECRipple brief currently underway.
my 1st 2nd trades I made profit and the 3rd got liquidation...not bothered at all...we move
Don't feel too bad if you get liquidated.
Reflect what you learn what mistakes you made.
Best of luck.
Show some resilience and get stronger šŖ.
I will come back stronger. stronger than before. Better than before.
I'll share my absurd journey with binance users.
I'll be recording my journey and sharing my lessons what I learn everyday.
See you tomorrow.
onto creating my own self made strategy.
Reflect what you learn what mistakes you made.
Best of luck.
Show some resilience and get stronger šŖ.
I will come back stronger. stronger than before. Better than before.
I'll share my absurd journey with binance users.
I'll be recording my journey and sharing my lessons what I learn everyday.
See you tomorrow.
onto creating my own self made strategy.
just trying out future trade fornthe first time...I do t really care about the investment if I lose it or not but ...just wanted to confirm from the experienced future traders if my trade ammunitions looks good?
wouldn't it be unfair to categories one who trades/buy saves for the longterm with a DCA suppprt greedy...isn't that also a plan...nased of that I kinda disagree with that part.
Fear and Greed: The Silent Puppeteers of Your Trades
Youāre in a trade. The market dips, and fear takes over. āWhat if it crashes further?ā You sell in a panic, locking in losses. Hours later, the market rebounds, and youāre left wondering what went wrong.
Or maybe greed gets the better of you. Your tradeās in profit, but you think, āJust a little more.ā The market reverses, erasing everything. Sound familiar?
These scenarios arenāt rareātheyāre the reality of trading under the influence of fear and greed. Letās unpack them:
ā¢ Fear:
1. Panic Selling: Acting impulsively to avoid losses, only to realize you jumped the gun.
2. Missed Opportunities: Fear keeps you on the sidelines, watching others capitalize while you hesitate.
ā¢ Greed:
1. Overtrading: Chasing every move, racking up fees, and increasing exposure to risk.
2. Holding Losers: Convincing yourself the market will ācome backā while your capital drains away.
Hereās the truth: fear and greed only control you if you trade without a plan.
I never enter a trade without one. Before placing an order, I know:
1. How much Iām willing to lose if the trade failsāmy risk tolerance is non-negotiable.
2. Where my stop loss is set. Itās my safety net against the unexpected.
3. My take profit targets. At least the first one, where I lock in gains and secure a win.
This plan is unconditionalāa roadmap I follow, no matter the chaos.
Your edge as a trader isnāt in avoiding emotionsāitās in controlling them with discipline. If you found this post valuable, consider tipping. Cheers!
#tradesmart #fearandgreed
Youāre in a trade. The market dips, and fear takes over. āWhat if it crashes further?ā You sell in a panic, locking in losses. Hours later, the market rebounds, and youāre left wondering what went wrong.
Or maybe greed gets the better of you. Your tradeās in profit, but you think, āJust a little more.ā The market reverses, erasing everything. Sound familiar?
These scenarios arenāt rareātheyāre the reality of trading under the influence of fear and greed. Letās unpack them:
ā¢ Fear:
1. Panic Selling: Acting impulsively to avoid losses, only to realize you jumped the gun.
2. Missed Opportunities: Fear keeps you on the sidelines, watching others capitalize while you hesitate.
ā¢ Greed:
1. Overtrading: Chasing every move, racking up fees, and increasing exposure to risk.
2. Holding Losers: Convincing yourself the market will ācome backā while your capital drains away.
Hereās the truth: fear and greed only control you if you trade without a plan.
I never enter a trade without one. Before placing an order, I know:
1. How much Iām willing to lose if the trade failsāmy risk tolerance is non-negotiable.
2. Where my stop loss is set. Itās my safety net against the unexpected.
3. My take profit targets. At least the first one, where I lock in gains and secure a win.
This plan is unconditionalāa roadmap I follow, no matter the chaos.
Your edge as a trader isnāt in avoiding emotionsāitās in controlling them with discipline. If you found this post valuable, consider tipping. Cheers!
#tradesmart #fearandgreed
Prediction: 92.895 first week or second week
Binance Square Official
--
Predict BTC Price & Win up to $300 USDC!
With the new year approaching, where do you think Bitcoin will go next?
Drop your prediction for this week's $BTC closing price in the comments of this post š
šThe top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now!Ā
*Campaign Period: 2024-12-30 07:00 to 2025-01-05 20:00 (UTC)
ā¼ļøEnsure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions:
This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod.Ā Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-05 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price atĀ 2025-01-05 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of identical predictions, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 7 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant.Ā Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub.Ā Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards.Ā Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
Drop your prediction for this week's $BTC closing price in the comments of this post š
šThe top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now!Ā
*Campaign Period: 2024-12-30 07:00 to 2025-01-05 20:00 (UTC)
ā¼ļøEnsure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions:
This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod.Ā Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-05 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price atĀ 2025-01-05 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of identical predictions, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 7 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant.Ā Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub.Ā Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards.Ā Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
cheers mate ššø
Could We Have a Santa Claus Rally? šš
As the year winds down, the crypto world braces for the possibility of a Santa Claus Rallyāa phenomenon where markets light up like holiday decorations, bringing unexpected gains. Historically, crypto has seen post-Christmas rallies eight out of the past ten years, with Bitcoin often leading the charge.
Why does it happen? Some say itās holiday optimism spilling into the markets, while others credit year-end tax moves or lighter trading volumes amplifying every trade. Whatever the reason, itās a reminder that the crypto market has a rhythm all its own, even during the festive season.
This year feels particularly charged. Bitcoin has broken $100K, and institutional interest is rewriting the rules of the game. Will the rally return? Maybe. Maybe not. The key isnāt predicting itāitās being ready.
For serious traders, the holidays arenāt about wishful thinking; theyāre about smart positioning. Keep an eye on momentum, look for opportunities in overlooked altcoins, and donāt let the seasonās excitement cloud your judgment. Iāll let you guys know anyways If I spot an opportunity, and if something develops further analysis so you can be ready.
The markets might rally, or they might test us instead. Either way my friends, itās about playing the long game. As for me, Iām keeping my strategy tight and focused. If youāre looking for a way to navigate these shifts, check out my lead copy trading account, and letās see what this holiday season holds. Click here to copy my trades and šš°. After all, in crypto, even Santa loves a good surprise. š. Cheers!
As the year winds down, the crypto world braces for the possibility of a Santa Claus Rallyāa phenomenon where markets light up like holiday decorations, bringing unexpected gains. Historically, crypto has seen post-Christmas rallies eight out of the past ten years, with Bitcoin often leading the charge.
Why does it happen? Some say itās holiday optimism spilling into the markets, while others credit year-end tax moves or lighter trading volumes amplifying every trade. Whatever the reason, itās a reminder that the crypto market has a rhythm all its own, even during the festive season.
This year feels particularly charged. Bitcoin has broken $100K, and institutional interest is rewriting the rules of the game. Will the rally return? Maybe. Maybe not. The key isnāt predicting itāitās being ready.
For serious traders, the holidays arenāt about wishful thinking; theyāre about smart positioning. Keep an eye on momentum, look for opportunities in overlooked altcoins, and donāt let the seasonās excitement cloud your judgment. Iāll let you guys know anyways If I spot an opportunity, and if something develops further analysis so you can be ready.
The markets might rally, or they might test us instead. Either way my friends, itās about playing the long game. As for me, Iām keeping my strategy tight and focused. If youāre looking for a way to navigate these shifts, check out my lead copy trading account, and letās see what this holiday season holds. Click here to copy my trades and šš°. After all, in crypto, even Santa loves a good surprise. š. Cheers!
I must also admit what you're doing is really amazing ...really appreciate you taking your time to bring ur knowledge to bear to curb novice investors from losses..ššæššæš„
Bitcoin Update: The Cruel Break Unfolds
As I mentioned in yesterdayās update, the biggest concern was the potential trendline break on $BTCāand here we are. It happened, exactly as anticipated, and ācruelā is the only way to describe it.
Now that $98K support is lost, the brief upside move was merely a bearish retest of $98K before the price turned lower. All signs point to $92K as the next target. Beyond that, $85K comes into play, a more significant level due to its untapped nature. While itās less likely to be hit, the market is unpredictable, so we canāt rule anything out.
For now, Iād still avoid opening new positions. As I highlighted last time, $BTC.D (Bitcoin Dominance) still has room to runāfar from being done. The next key resistance sits at the 60% level, and if $BTC drops impulsively, expect another 20% decline in altcoins as $BTC.D surges well beyond 60%.
While this might sound grim, itās actually an opportunity for those patient enough to wait. Once $BTC.D spikes, youāll have a once-in-a-lifetime chance to accumulate quality altcoins ahead of the next rally. Remember, we remain bullish on the long-term as long as BTC holds above the $90K daily low.
Iāve taken a lot of heat over the last two weeks for urging profit-taking, but here we areā40% down on most assets. Let me say it again: a major spike in $BTC.D (potentially up to 70%) has historically been a catalyst for an altcoin rally. But surviving that drop wonāt be easyāitās going to be ugly, and I wonāt sugarcoat it. My goal is to prepare you, not to comfort you. I told you to beware all those crypto gurus urging you to buy nowā¦ they are clueless or dishonest. Wait for the bottom with clear signs of reversal, only then you buy ā strong coins ā.
Stay disciplined, and trade safely. The opportunities are coming, but only for those ready to seize them. If you want to grow with me, click here to copy my trades and š°š. Cheers!
As I mentioned in yesterdayās update, the biggest concern was the potential trendline break on $BTCāand here we are. It happened, exactly as anticipated, and ācruelā is the only way to describe it.
Now that $98K support is lost, the brief upside move was merely a bearish retest of $98K before the price turned lower. All signs point to $92K as the next target. Beyond that, $85K comes into play, a more significant level due to its untapped nature. While itās less likely to be hit, the market is unpredictable, so we canāt rule anything out.
For now, Iād still avoid opening new positions. As I highlighted last time, $BTC.D (Bitcoin Dominance) still has room to runāfar from being done. The next key resistance sits at the 60% level, and if $BTC drops impulsively, expect another 20% decline in altcoins as $BTC.D surges well beyond 60%.
While this might sound grim, itās actually an opportunity for those patient enough to wait. Once $BTC.D spikes, youāll have a once-in-a-lifetime chance to accumulate quality altcoins ahead of the next rally. Remember, we remain bullish on the long-term as long as BTC holds above the $90K daily low.
Iāve taken a lot of heat over the last two weeks for urging profit-taking, but here we areā40% down on most assets. Let me say it again: a major spike in $BTC.D (potentially up to 70%) has historically been a catalyst for an altcoin rally. But surviving that drop wonāt be easyāitās going to be ugly, and I wonāt sugarcoat it. My goal is to prepare you, not to comfort you. I told you to beware all those crypto gurus urging you to buy nowā¦ they are clueless or dishonest. Wait for the bottom with clear signs of reversal, only then you buy ā strong coins ā.
Stay disciplined, and trade safely. The opportunities are coming, but only for those ready to seize them. If you want to grow with me, click here to copy my trades and š°š. Cheers!
around what period should we be expecting close to the final drop buttom? I've lost close to a 100us in the last couple of days but I'm.not worried as I'm aiming for the long run.
Bitcoin Update: The Cruel Break Unfolds
As I mentioned in yesterdayās update, the biggest concern was the potential trendline break on $BTCāand here we are. It happened, exactly as anticipated, and ācruelā is the only way to describe it.
Now that $98K support is lost, the brief upside move was merely a bearish retest of $98K before the price turned lower. All signs point to $92K as the next target. Beyond that, $85K comes into play, a more significant level due to its untapped nature. While itās less likely to be hit, the market is unpredictable, so we canāt rule anything out.
For now, Iād still avoid opening new positions. As I highlighted last time, $BTC.D (Bitcoin Dominance) still has room to runāfar from being done. The next key resistance sits at the 60% level, and if $BTC drops impulsively, expect another 20% decline in altcoins as $BTC.D surges well beyond 60%.
While this might sound grim, itās actually an opportunity for those patient enough to wait. Once $BTC.D spikes, youāll have a once-in-a-lifetime chance to accumulate quality altcoins ahead of the next rally. Remember, we remain bullish on the long-term as long as BTC holds above the $90K daily low.
Iāve taken a lot of heat over the last two weeks for urging profit-taking, but here we areā40% down on most assets. Let me say it again: a major spike in $BTC.D (potentially up to 70%) has historically been a catalyst for an altcoin rally. But surviving that drop wonāt be easyāitās going to be ugly, and I wonāt sugarcoat it. My goal is to prepare you, not to comfort you. I told you to beware all those crypto gurus urging you to buy nowā¦ they are clueless or dishonest. Wait for the bottom with clear signs of reversal, only then you buy ā strong coins ā.
Stay disciplined, and trade safely. The opportunities are coming, but only for those ready to seize them. If you want to grow with me, click here to copy my trades and š°š. Cheers!
As I mentioned in yesterdayās update, the biggest concern was the potential trendline break on $BTCāand here we are. It happened, exactly as anticipated, and ācruelā is the only way to describe it.
Now that $98K support is lost, the brief upside move was merely a bearish retest of $98K before the price turned lower. All signs point to $92K as the next target. Beyond that, $85K comes into play, a more significant level due to its untapped nature. While itās less likely to be hit, the market is unpredictable, so we canāt rule anything out.
For now, Iād still avoid opening new positions. As I highlighted last time, $BTC.D (Bitcoin Dominance) still has room to runāfar from being done. The next key resistance sits at the 60% level, and if $BTC drops impulsively, expect another 20% decline in altcoins as $BTC.D surges well beyond 60%.
While this might sound grim, itās actually an opportunity for those patient enough to wait. Once $BTC.D spikes, youāll have a once-in-a-lifetime chance to accumulate quality altcoins ahead of the next rally. Remember, we remain bullish on the long-term as long as BTC holds above the $90K daily low.
Iāve taken a lot of heat over the last two weeks for urging profit-taking, but here we areā40% down on most assets. Let me say it again: a major spike in $BTC.D (potentially up to 70%) has historically been a catalyst for an altcoin rally. But surviving that drop wonāt be easyāitās going to be ugly, and I wonāt sugarcoat it. My goal is to prepare you, not to comfort you. I told you to beware all those crypto gurus urging you to buy nowā¦ they are clueless or dishonest. Wait for the bottom with clear signs of reversal, only then you buy ā strong coins ā.
Stay disciplined, and trade safely. The opportunities are coming, but only for those ready to seize them. If you want to grow with me, click here to copy my trades and š°š. Cheers!
makes sense.
šš
šš
STOP TRADING ALTS šā¦for Now
A lot is happening after the Fed meeting, and Iāll break that down in my next post. But for now, I have to be here the voice of reason, and hereās the most important thing I can tell you: STOP TRADING ALTS. Donāt listen to all the fake crypto gurus telling you to buy this coin or that coin right now. We donāt know where the bottom of this drop is yet, and thereās no clear signal to guide us.
Hereās a quick summary of whatās going on:
ā¢ Yesterday, the Fed cut rates by 0.25 bps, and Powellās speech sent the markets into more volatilityānothing new there.
ā¢ Crypto and stocks have been pumping hard for the past few months, so this retracement was overdue.
ā¢ The dollar is strengthening, and naturally, thatās putting downward pressure on BTC.
So, What Should You Do?
ā¢ Spot Bags: Keep them as they are. If youāve got strong positions, just hold. Iād advise further DCA if youāre in a bullish trend, but donāt jump the gun yet. Wait for a clear signal before making any major moves.
ā¢ Futures: Be very careful in this volatile market. Personally, Iāve only longed LINK, which is still not in profit, and Iām staying out until I see a clear opportunity. Iāll move with a small risk until the market gives me something more predictable.
ā¢ BTC.D: This is where my concern lies. BTC dominance is nowhere near resistance. One spike to 60% and alts could drop another 20-30%. A massacre, basically.
The market is volatile, and sometimes doing very little is the best move. Iām staying cautious for now and keeping my eyes on the marketās next move.
If you want to make sure youāre navigating these waves without getting caught off guard, check out my copy trading account. Iām managing risk while others chase every shiny altcoinābecause, letās be honest, sometimes doing nothing is the best move. Click here to copy and š°š
Stay smart, stay patient, and letās ride this out together.
A lot is happening after the Fed meeting, and Iāll break that down in my next post. But for now, I have to be here the voice of reason, and hereās the most important thing I can tell you: STOP TRADING ALTS. Donāt listen to all the fake crypto gurus telling you to buy this coin or that coin right now. We donāt know where the bottom of this drop is yet, and thereās no clear signal to guide us.
Hereās a quick summary of whatās going on:
ā¢ Yesterday, the Fed cut rates by 0.25 bps, and Powellās speech sent the markets into more volatilityānothing new there.
ā¢ Crypto and stocks have been pumping hard for the past few months, so this retracement was overdue.
ā¢ The dollar is strengthening, and naturally, thatās putting downward pressure on BTC.
So, What Should You Do?
ā¢ Spot Bags: Keep them as they are. If youāve got strong positions, just hold. Iād advise further DCA if youāre in a bullish trend, but donāt jump the gun yet. Wait for a clear signal before making any major moves.
ā¢ Futures: Be very careful in this volatile market. Personally, Iāve only longed LINK, which is still not in profit, and Iām staying out until I see a clear opportunity. Iāll move with a small risk until the market gives me something more predictable.
ā¢ BTC.D: This is where my concern lies. BTC dominance is nowhere near resistance. One spike to 60% and alts could drop another 20-30%. A massacre, basically.
The market is volatile, and sometimes doing very little is the best move. Iām staying cautious for now and keeping my eyes on the marketās next move.
If you want to make sure youāre navigating these waves without getting caught off guard, check out my copy trading account. Iām managing risk while others chase every shiny altcoinābecause, letās be honest, sometimes doing nothing is the best move. Click here to copy and š°š
Stay smart, stay patient, and letās ride this out together.
whats your thoughts on buying the dip now with a long-term mindset ..no trading or anything of that sort just buying and hoarding for the long run
By not overtrading and waiting for the waters to calm down.
this means The likes of Mike Saylor gets to borrow more to buy more BTC so the price only gets higher henceforth...my 2's
Parrot Bamboo Crypto
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Bullish
šŗšø The Federal Reserve has announced a 25 basis point interest rate cut.
What impact could this have on the markets and the broader economy? Stay informed and prepare for potential shifts ahead.
Disclaimer: This is not investment advice. Always conduct your own research before making financial decisions.
#Fed #btc #ParrotBambooCrypto $BTC
What impact could this have on the markets and the broader economy? Stay informed and prepare for potential shifts ahead.
Disclaimer: This is not investment advice. Always conduct your own research before making financial decisions.
#Fed #btc #ParrotBambooCrypto $BTC
#FullMarketBullRun I keep stocking up ....coz he who laughs last laughs the best...long term for the taking
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