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#BTC dumps and #VGX pumps as i analzyed before. if the hearing in June 13 is succesful than we can expect mega pump from 100-2000% BOOOM!! if there is a coin that can outperform Btc this week, it is VGX! written in the stars!
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#BTC i feel like btc will going to drop again, the market is not on a good condition rn. even a little dump such 2-3% for btc can be a big dump for alt. so far i've accumulate btc from 25k-27k area from september. so i decided to sell it all at current rate 70k, a half of that sold at 71k last week. ( i still have btc from 2020 crash but it's not for trading purpose but more of an investment for a very longterm ). for now i am really expecting a dump from btc. so i decided for now i'm out of market and will only buy and short after alt dump more than 10% for a short term profit. ( buy and quickly sell at bounce ) the risk / reward ratio is not worth it in current rate. it feels like dead cat bounce at best.
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#VGX/USDT... VGX is trying to break previous resistent around 0.12. it can literally pump anytime. after breaking 0.12 the next resistent will be around 0.1440 and next around 0.19. rumour has it that VGX will has its hearing about restructuring at June 13. any positive outlook from this is simply means VGX will fly high, not to mention that VGX foundation is also trying to push VGX's token by creating a demand and utility as a gaming token which will reward its user. #writetoearn
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#BTC market in general looks like it's ready for a deep pullback. we are at $15k in early 2023 and now it's $71k. i won't be surprised if we retrace to 50k or even 40k to make another start for a new height. so overall for short term i'm bearish but always bullish on longterm on bitcoin. EDIT. MARKET is bleeding as i predicted before. so to those whose say i'm dreaming. goodluck seeing your portfolio crash 😛
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#altcoin in general will have a massive correction. i know for some altcoin they don't even pump yet. but the world is harsh, not everything will be going as we wish. all the altcoin movement follow bitcoin. a bitcoin crash from here (71k) means most alt will follow btc's movement. play safe, manage your reward/risk ratio. and don't forget to secure your profit. for me personally if i profit 200% but then i lose 20% of my profit, it's still a lose.
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