Bitcoin Eagle 🦅 12.17 Precise Market Analysis @Everyone
Good morning, brothers, BTC has broken new highs, but altcoins are underperforming.
How should we proceed next, and how do we plan our strategy?
From yesterday to today, looking at the on-chain data,
BTC has flowed out of exchanges by 10,000, with over 5,000 flowing out from Binance.
Large funds have been hoarding BTC.
Although we have been urging everyone to buy BTC for the past six months,
there are still some brothers who haven't bought it.
Every time BTC rises, they sigh and complain, which is quite amusing.
But buying BTC can be resolved in 10 seconds, yet they still refuse to take action.
It's quite lamentable.
Last week, Trump said, "We will do some great things in the cryptocurrency space."
When asked whether the U.S. would establish a Bitcoin strategic reserve similar to the oil reserve,
Trump said, "Yes, I think we will."
For BTC to become a U.S. strategic reserve, it must be approved by Congress, and it might not happen.
But the key issue is not whether BTC strategic reserves can actually materialize,
but that the mere expectation of it is enough.
Our judgment on the market is as follows:
(1) BTC continues to break through and rise, altcoins dare not move.
After this round of large-scale accumulation, BTC may challenge $127,000.
(2) ETH follows BTC upwards, and altcoins begin to show interest.
(3) If BTC stagnates and goes sideways, altcoins will start to rise.
Strategy: Buy 20% BTC, 20% ETH, and use the rest to buy altcoins.
ETH breaking through $4,700 is not a problem.
BNB breaking through $850 is not a problem. $ETH