Trisha Saha
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Major Warning! Correction Signal: Sell Everything, Fast!đ¨đ¨đ¨
$BTC
My fellow Cryptocurrency trader, Bitcoin is still trading above 90K while moving sideways and consolidating creating a long-term support before a major move. Some people are panicking now and selling at this point. Selling here might not be the best option for those waiting for the major bullish phase that is expected later in 2025. This phase is set to unravel in the coming weeks and will negate all bearish signals. No downside will be possible in 2025 aside from a mild-correction after Bitcoin hits a new All-Time High. But, will there will be a correction now? This is the question many are asking.
We can say that we already had a correction from late December until recently. While for Bitcoin this wasn't quite obvious, it is more apparent when we consider the Altcoins. Many of the projects that grew strongly in late 2024 produced a month long correction reaching between 35% and 65% down from peak price. This is a strong correction by any and all standards.
Bitcoin is not the same. Bitcoin showed no weakness and continues consolidating; the next major move, the next impulse, is absolutely not down. When there is a retrace this becomes a buy opportunity. Corrections, drops and lower prices are buy opportunities but these are not present lately. Bitcoin continues strong while aiming for a new high. First a shy high and then a major high reaching April 2025.
The time to sell everything is now? That is up to you and selling everything will definitely depend on your trading plan and strategy; what are your goals? Is the bull-market over?
One can sell everything or just sell portions as prices rise and hit resistance. Each time a resistance level is hit, a portion can be sold. When a pair/project hits support, that's the time to buy.
Bitcoin is moving sideways, consolidating with a bullish bias.
Bitcoin is going up (long-term)!
Namaste.
#CryptoReboundStrategy #BitcoinTurns16 #BitcoinHashRateSurge #BIOOpenonBinance #BinanceAlphaAlert
My fellow Cryptocurrency trader, Bitcoin is still trading above 90K while moving sideways and consolidating creating a long-term support before a major move. Some people are panicking now and selling at this point. Selling here might not be the best option for those waiting for the major bullish phase that is expected later in 2025. This phase is set to unravel in the coming weeks and will negate all bearish signals. No downside will be possible in 2025 aside from a mild-correction after Bitcoin hits a new All-Time High. But, will there will be a correction now? This is the question many are asking.
We can say that we already had a correction from late December until recently. While for Bitcoin this wasn't quite obvious, it is more apparent when we consider the Altcoins. Many of the projects that grew strongly in late 2024 produced a month long correction reaching between 35% and 65% down from peak price. This is a strong correction by any and all standards.
Bitcoin is not the same. Bitcoin showed no weakness and continues consolidating; the next major move, the next impulse, is absolutely not down. When there is a retrace this becomes a buy opportunity. Corrections, drops and lower prices are buy opportunities but these are not present lately. Bitcoin continues strong while aiming for a new high. First a shy high and then a major high reaching April 2025.
The time to sell everything is now? That is up to you and selling everything will definitely depend on your trading plan and strategy; what are your goals? Is the bull-market over?
One can sell everything or just sell portions as prices rise and hit resistance. Each time a resistance level is hit, a portion can be sold. When a pair/project hits support, that's the time to buy.
Bitcoin is moving sideways, consolidating with a bullish bias.
Bitcoin is going up (long-term)!
Namaste.
#CryptoReboundStrategy #BitcoinTurns16 #BitcoinHashRateSurge #BIOOpenonBinance #BinanceAlphaAlert
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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