#FedRateWatch ‼️ $BTC Long-Term Play ‼️
As explained before, we have seen massive moves previously. Bitcoin went straight from $64,000 to $81,000, but that was nothing compared to what the charts suggest.
A heavy downtrend could come sooner or later, but I still feel the $48,000 zone is pretty solid. Historical data, trends, and even technical indicators are now falling in line.
Totally my own view. I could be wrong, but I will be very careful with my long position because this dump could outsmart your SLs, leverage, and low margin ratios, leaving you with no room to breathe.
I only post what I sense about the market based on narrative, market cycles, and whale movements.
This could impact large-cap alts the most. Small caps I mentioned a few times may recover much quicker compared to large-cap alts.
Be careful. DYOR. ⚠️
#Bitcoin #BTC #Crypto #Altcoins #Trading
As explained before, we have seen massive moves previously. Bitcoin went straight from $64,000 to $81,000, but that was nothing compared to what the charts suggest.
A heavy downtrend could come sooner or later, but I still feel the $48,000 zone is pretty solid. Historical data, trends, and even technical indicators are now falling in line.
Totally my own view. I could be wrong, but I will be very careful with my long position because this dump could outsmart your SLs, leverage, and low margin ratios, leaving you with no room to breathe.
I only post what I sense about the market based on narrative, market cycles, and whale movements.
This could impact large-cap alts the most. Small caps I mentioned a few times may recover much quicker compared to large-cap alts.
Be careful. DYOR. ⚠️
#Bitcoin #BTC #Crypto #Altcoins #Trading
