After breaking above the weekly EMA99, $BTC is undergoing a correction to retest that line, around 79k. In previous cycles, once the price crossed above EMA99, it only came back to test it a few times before bouncing right back up, rather than crashing far below the line. If this cycle follows the same pattern, Bitcoin can only fall to around 79k before taking off in a parabolic rise. Perhaps this is the last opportunity to buy Bitcoin below 80k.
Bitcoin is one thing, but altcoins aren’t ready to rise just yet. A few coins with ETFs may rise in tandem with Bitcoin, but most will have to wait until Bitcoin breaks its ATH before they can surge. It’s best to wait until altcoins have fallen to a tenth of their peak before buying in. My buy targets for some altcoins are as follows:
$SUI 0.5x$
$SEI 0.1x$
These two coins are new from last season, so they could still rise 5x from the bottom this season.
Bitcoin is one thing, but altcoins aren’t ready to rise just yet. A few coins with ETFs may rise in tandem with Bitcoin, but most will have to wait until Bitcoin breaks its ATH before they can surge. It’s best to wait until altcoins have fallen to a tenth of their peak before buying in. My buy targets for some altcoins are as follows:
$SUI 0.5x$
$SEI 0.1x$
These two coins are new from last season, so they could still rise 5x from the bottom this season.