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well guys am going to keep it very simple here....
since we breakout from the 30k range since OCT 23, $btc is supporting 100 ema on daily chart very nicely✅
since then we already have 2 major tap on 100 ema on which first time when we tapped 100 ema on daily was on 23rd jan 2024 when #btc bounced 88% from that region..
On second time it tapped 100 ema on 1st may, did a fake out below it and bounced 20% after that ✅
now this is third time majorly when we are again tapping that same zone... may be this support is getting weaker and weaker after multiple taps but we still have very good chance for major bounce from here....📈
lets see how this reacts this time.. fingers crossed 🤞
Making money in this cycle is much difficult than previous ones
1) You can't make money by buying old altcoins as most of them already had their exit liquidity pump, founders and VCs already cashed out and no one including their team cares about it
2) You can't make money by buying new altcoins as most of them are already launching at too high valuation with low float supply which makes it easier for only VCs and founders to make money not you
3) You can't make money by farming airdrops as most of them already have millions of farmers and thus it makes every project overfarmed so even if they give airdrop it will be just peanuts
Everything is literally sucking money of retailers right now...
And guess what, next cycle will be harder and harder than you can imagine so take your own responsibility and do whatever it takes you to get financial freedom before "easy money" scene gets over and u forever get trapped in rat race.