๐ฅ๐ BITCOIN HITS STRONG SUPPORT AT $50,000!๐๐ฅ
๐ Despite a current downtrend, BTC is showing promising signs of stabilization around the $50,000 mark! I'm placing buy orders just above at $50,200. ๐
๐ According to technical analysis, the 200 SMA on the daily chart sits firmly at $50,000, marking a solid support level. ๐ช
๐ฐ For those eyeing long-term wealth:
1. ๐ Place buy orders for BTC every 5% dip in price.
2. ๐ For strong altcoins, buy at every 20% drop.
3. ๐ Continue DCA (dollar cost averaging) until the 200 SMA on the weekly chart, then hold patiently.
4. ๐ฏ In 3-6 months, your altcoins could potentially double in value.
5. ๐ Over the long term, expect 10-18x returns for fundamentally strong altcoins by November-December 2025.
๐ Invest wisely: Buy, hold, and focus on altcoins with solid fundamentals! ๐๐๐ ๏ธ
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