Good Morning Folks We are already having a Bullish Monday ✅
Bitcoin moving beautifully with building strong support zone in $51,000 area. Last time this happened at $31,000 and we saw a massive movement towards 36,000 area. I am bullish in longterm perspective so i am looking everything at that manner. Monday openings are fake because smart traders place lower orders as they know with little pressure market will soon hit those orders, But on the other hand, newbies looking at charts get panicked because they can easily be influenced by any baby influencer, resulting little dump to give a easy way to hit our limit orders, This week will be bullish one, 55,000-$60,000 area coming for bitcoin sooner. Just be prepared with that. #DYOR.
I am a long term holder and a narrative based trader, i must admit, market is no more the way it used to be before 2023. When you trade narratives, you have to hold until you see clear direction. Market shows moves sometimes takes months to distract you from the direction you chose based on narrative, so one thing is clear that narratives are longterm and more often supports long term holders(Spot or swing traders in future) So if you are following me, you should understand my strategies are not week base but quarterly or least month based, (depending on market cycle). Bitcoin has changed alot since its previous cycle (2024 halving)
Crypto market has still hell of a opportunities, you just need to be patient with your holdings, at the moment what i am seeing is, more potential in small caps compared to large caps, even exchanges supports them, so i will suggest you to stay firm and keep holding over your portfolio.
Extremely bullish outlook, a consistent projects usually provides a strong basis, which leds to a healthy recovery after a long consolidation period, charts are looking extremely bullish, dyor
Bitcoin picking up momentum brought some serious volume in hardcore projects, At the moment i will be watching my positions for these two coins, massive new money coming in. Bitcoin always brings attention to these two baddies. $ZEC $BCH
People start blaming the manipulation when they bought the higher highs, a coin which is 300% up in two days without any significant importance, will take everything from you if you buy it there, regardless of it goes further 200% up from here you should expect 90% down, because its pure gambling. $BTR
I was expecting Bitcoin to confirm bottom which technically made sense around $55,000, but btc returned from $58,000 zone, Yes i made a wrong call on finally buying at that zone, my main concern was to buy into alts and importantly low caps, Recently market has shifted it’s momentum and we have seen potential growth in low caps, i alreadly made good calls and made significant profits on low caps, While $BTC is sitting around $79,000, there is still hell of a room in alt market, Many many projects are still in deepest dips, nearer to $0, slight change can put you in 100% gain, and in some cases way way more, What I learned is, observation and sticking to plan will never let you out of the business, FOMO will take everything from you, so all the time Bitcoin was moving, major alts were moving too, but I didn’t touch any, You make money through discipline, you loose money through fear, and lack of knowledge. Small cap alt market is still exploding, you need to start observing and understand before buyin any coin. I am extremely bullish on projects like Light Bico, drift, lyne etc, i will keep updating you on new entries. dyor
Thats why I never short, your long position gives your opportunity to exit at any moment when you are holding with dca mind, short eats you alive, never underestimate the market, I missed calculated btc and major alts, although i am already packed with my alts position with low caps, but still this would be a good one.
Instead of panicking and FOMO, save your capital, best investment is saving and growing your capital not looking around seeinh green candles and start buy, stop getting fooled by so called influencers who pump everything everyday and if something goes up 1 out of 100, you start considering them OGs, stop regretting watching Bitcoin going crazy up. Save yourself.
Bitcoin playing massive here,so far we have seen btc grabing $50-$100Million liquidity sweep, so was expecting first moving to below $63,000 to grab some longs in liquidity which was around $50Million, instead it went uo crazy from $64,000 to current over $72,000 That was the second largest short liquidity hunt since 126,000 crash, I am not going to long btc, didn’t plan at 64,000 so i am not gonaa fall for fomo, because i am already holding massive longs on many low cap alts, What i will be doing is, will watch Bitcoin play with patience until i fine opportunity to enter, no risky games, because my low cap alts paid me more than what i made from btc trades in the last a year or so.
Bitcoin just hit $66,000. Good sign for bulls, But if you are holding alts, DO NOT Panic, I repeat do not panic and stop comparing alts vs btc move, when such pumps occur, they bring liquidity to bitcoin, new injection of money focuses BTC, which brings panic and people start transferring funds from alts to BTC results bleeding for alt market, In simplest layman’s words
Once btc takes takes break, money will flow into alts and they will start pumping, (BTC dominance cool down)