Key points in Bitcoin analysis:
1. Warning against exaggerated expectations:
Some analysts are predicting huge prices like $120,000 or $150,000 for Bitcoin, but the current reality requires caution and not rushing.
2. Bitcoin is in a corrective phase:
Bitcoin could drop to $81,000 or even $70,000 before resuming the upside.
The 95,000 - 100,000 area is considered a dangerous area to trade.
3. Types of movement in the market:
Complete liquidity outflow: If this happens, Bitcoin will drop dramatically and drag other currencies down with it.
Liquidity Transfer: Liquidity transfer from Bitcoin to other coins (such as meme coins) can be a good investment opportunity.
4. Exit Strategy:
If Bitcoin falls and pulls other currencies, trades are exited at entry levels to protect capital.
5. Not advised to enter now:
It is not recommended to buy during this period due to the lack of clarity in the direction between a decline or altcoins taking over liquidity.
Tips for traders:
Avoid entering the market without clear study and analysis.
Focus on Bitcoin's past timelines and cycles to understand future scenarios.
Make sure to constantly monitor the market to determine if the decline is a result of liquidity exit or transfer.
Conclusion:
The current market requires extreme caution, and it is not advisable to make random decisions based on ill-considered expectations. The current correction may be an opportunity to buy later, but after the trend becomes clear.
