Bitcoin hits the third target of the bullish pattern we mentioned since we broke the 80k area. We mentioned that we are heading towards the historical peak areas, and I clarified that through three targets for the pattern. Thank God, all of them have been hit. You can refer to the previous posts where I explained the situation when each target was hit.
I have completely closed my Bitcoin trading positions. I exited with a portion at each target and also exited with half of the investment portfolio. Thank God, as you know, during the last drop, my portfolio was about to run out of stablecoin, the dollar. Thank God, now the dollar in the portfolio is the largest portion compared to alternative currencies. I have not closed any of them because we are still close to the lows, and we had accumulated at the lows. Therefore, I will wait in hopes of a slight drop in Bitcoin dominance so that alternative currencies can recover. This is what we need for the rise of alternative currencies.
As for Bitcoin, my brothers, what now? From my perspective, my exit was at 109k, so I will wait to see if Bitcoin will break 110k and hold above it to show us its strength to continue rising to 113k, or if it will drop us back to the 103k area, and it may reach 99k, and then 86k. All possibilities are valid at this time, so let’s see what will happen.
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