The most dangerous time in crypto isn’t the time to go down… it’s when everyone thinks the rally is guaranteed.
The market currently needs more understanding than excitement.
Bitcoin #btc is inside October and is holding an important level above 83K roughly, after a strong weekly close. This weakens the chance of a temporary Fake Out, but it doesn’t eliminate it.
The picture is supported by three things:
* Inflation is calmer than expected.
* Positive flows in Bitcoin ETF of about $97 million over the last two days, as announced.
* A clear start of movement in altcoins after Bitcoin stabilizes.
I still see the market as having the same bullish trend. But not every green candle should be chased.
Most important thing
The difference between the person who profits and the one who gets trapped is that they entered with a plan and secured part of their gains before greed flips the trade on them.
#التضخم
#BitcoinETFs
The market currently needs more understanding than excitement.
Bitcoin #btc is inside October and is holding an important level above 83K roughly, after a strong weekly close. This weakens the chance of a temporary Fake Out, but it doesn’t eliminate it.
The picture is supported by three things:
* Inflation is calmer than expected.
* Positive flows in Bitcoin ETF of about $97 million over the last two days, as announced.
* A clear start of movement in altcoins after Bitcoin stabilizes.
I still see the market as having the same bullish trend. But not every green candle should be chased.
Most important thing
The difference between the person who profits and the one who gets trapped is that they entered with a plan and secured part of their gains before greed flips the trade on them.
#التضخم
#BitcoinETFs