LIVEMarket Update and Strategy Tips!🤫
#Bitcoin : Currently navigating a tricky zone between the 50 EMA and 100 EMA.
Patience continues to be my mantra, as I've emphasized over the past four weeks. While some altcoins like TRB are showing spikes, tempting for quick trades, caution is advised.
What to Do?
Attempting to time the market, especially during a sideways or weaker trend, might seem tempting but could be detrimental. Remember, the significant rally might still be on the horizon.
Here's what to consider:
- If your portfolio is down, it might be wise to hold steady.
- If you're holding stablecoins, consider diversifying into promising altcoins with solid fundamentals and trending narratives.
Remember, it's nearly impossible to buy at the absolute bottom or sell at the peak. Rational decision-making is crucial for the next 12 months.
Looking ahead, expect some sideways movement and choppy price action, possibly followed by a significant dip — but that's not the end. We're likely to see a strong upward trend following this.
Also, get ready for an Altseason where the right picks could potentially see gains ranging from 5x to 100x! I'll be sharing my list of promising altcoins soon, so make sure to follow me and join my Telegram channel for exclusive updates, Link in bio.
Do Your Own Research, Not Financial Advice!
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