In 2022, everyone was expecting the 10-12K level—now they seem stuck around the $40k level 🤔
Let’s continue with an example from 2022; people had the chance to buy around 16K, but they still wanted it to be 15-20% lower. So they couldn’t buy at the $16k level, and only bought after making a 2X move around $30k.
Remember this, folks: no one can nail the bottom or the top, but we can still make incredible profits from nearby levels. Your goal should never be to catch the exact bottom or the exact top—doing that would be a big mistake.
Am I expecting a dip for #BTC and #ETH? Yes—but are these good entry points since it’s buying in parts from here? In my opinion, yes. If someone wants to wait for an even deeper dip, they can—but I’ll be buying the dips I like from these zones, and I’ll trade and hodl from there!
Also, don’t enter this market with money you need—you’ll end up being sad about it!
For 1 week, I’ve been putting myself through it especially for #PARTI. Right now it’s at a really nice entry level, but then, who would buy from here—when they do 3x 4x and buy and hold inside, that’s when they start cursing…
The last time, I put myself through it for #BANK—I made 2000%! I hope we see the same move in #PARTI.
#ETHER broke the falling trend that has been going on since October and since it is the flower of my eyes, and I expect it to go to the $2500 levels if there is no negativity this month. It may also move better than #Bitcoin!
The most solid support level is $1500; in case of a possible breakdown or if the market starts searching for a new bottom again, it could come back to this area, or even wick down to the $1300 levels!
In the bullish scenario, the first take-profit points are the $2500 and $3300 levels; after these targets, I expect a retracement on the #ETH side!
Friends, the answer is hidden in this chart! In the last 3 cycles, I noticed this: the entire process lasts 1461 days, meaning the journey from one peak to the next peak! The time it takes to fall from the peak to the bottom is 426 days, and then the journey toward the next peak begins—that’s the start of the bull 👀
In all 3 cycles, this has worked perfectly; now, it’s the 273rd day of the decline from the peak, so 153 days are still left for the bottom!
In my previous posts, I mentioned that I was expecting one last bottom for #BTC, but we’re also evaluating the intermediate uptrend periods—remember, it’s possible to make great money not only by trading the main trends, but also by trading the intermediate trends. We saw the best example of that in #BANK 😉
People in crypto in 2021 have already forgotten how they managed to make money back then!
Friends, just look at the posts shared on this app in 2021—look at the profits earned, the PNLs!
Since then, we’ve been waiting for a similar process again. A process like that should return to the world’s most profitable market so that liquidity flows here again!
Everything will play out in order—the bull will return. Now there needs to be a bull run in #Bitcoin and crypto as well, otherwise the entire huge sector is going to reach the point of ending..
Hot clashes between the U.S. and Iran are once again shaking macro balances to the core!
Mutual attacks and blockade threats in the Strait of Hormuz and the Babülmendep straits are triggering a massive supply crisis.
In just the last 3 weeks, Brent crude has risen by more than 30%, reaching the $93 level.
So what does this economic chaos mean for us?
This sharp surge in oil prices is reigniting the fire of global inflation. Central banks (Fed, RBA, etc.) are being squeezed under pressure to raise interest rates due to rising inflation, while traditional fiat currencies continue to erode.
While the traditional system struggles with these geopolitical crises, trillions in funds look for an escape route to assets that are scarce and non-manipulable—digital gold, #Bitcoin!
It may be short-term FUD, but in the future, this chaos could become the biggest stage where crypto proves itself!!!