$BTC is in an uptrend, the supply appears for us, so how should we handle it???
Currently, you guys are extremely FOMO in the uptrend market, but in the process of BTC's rise, there is always a supply from the market, which is an inevitable rule of the market for many years, in each uptrend, there are adjustments that can be strong or weak. And today we have proven that a rhythm appears with an average supply level. And in the 2-2024 growth cycle, on February 14, 2024, BTC also appeared a supply similar to the current period, then a regeneration area appeared before continuing the uptrend.
According to WICKOFF's analysis of the law of cause and effect, if a coin wants to increase in price, it must appear from a cause, which is accumulation, not a distribution process. And according to the rules when applied to BTC, we have seen the 14-2-2024 version is extremely accurate when considering smaller price frames.
Therefore, the current phase is based on the law of the end of cause, to find an optimal buying point to achieve the highest profit in an uptrend market like this, we need to wait for BTC to regenerate and fluctuate in the 95, 9k to 98k range to absorb the supply to create a cause of accumulation before entering the next phase of Price Giving.
Currently, we still have many opportunities because BTC has not created the original zone, so we do not need to fomo at the current phase but expect BTC to retest the 95, 9k zone, guys! The uptrend is still long, so you should avoid fomo at the stage of supply and not yet created this cause!#BTC500K