Bitcoin and the broader cryptocurrency market appear to have concluded their correction phase. Bitcoin is now aiming for a target range of $75K to $80K. Ensure you're holding a diverse portfolio of altcoins, as they are expected to surge during this bull cycle. Notable altcoins that are likely to perform well include Pepe, Floki, People, Bonk, Sats, Near, Shiba, and Dogecoin.
For these altcoins, it is advisable to engage in spot trading. This strategy allows you to hold onto them throughout the bull run without worrying about daily price swings. Keep in mind that this bull run will develop in four phases, and we are currently in the initial phase. This means a long journey ahead with several corrections along the way.
If you are considering entering a position in BTC, set a stop loss at $63K to manage your risk effectively. Stay vigilant for negative news and potential market manipulations that could trigger retracements. Avoid the fear of missing out (FOMO)-make your purchases
during corrections or shortly after, such as now.
Best of luck with your investments, and I will continue to provide updates throughout each correction phase until the end of this bull run
