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toanhy
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$BTC
Update the market, guys
$BTC closed the monthly candle in red with quite a large selling pressure. However, if we calculate the amplitude from 108k down to 90k (almost 20%), it is consistent with a wave 2 correction of the market.
I think today that with this red monthly candle, there is a possibility that the market could decrease further; however, I was mistaken because this monthly candle occurs in December (a period when European and American funds take profits, consistent with the correction wave).
Therefore, the next view this month is that BTC will pull up green again to help altcoins recover.
Total3 has broken out of the downtrend, and altcoins will perform strongly.
Expect BTC.D to have a drop to 54-55% for altcoins to return to the previous peak in February 2025.
Update the market, guys
$BTC closed the monthly candle in red with quite a large selling pressure. However, if we calculate the amplitude from 108k down to 90k (almost 20%), it is consistent with a wave 2 correction of the market.
I think today that with this red monthly candle, there is a possibility that the market could decrease further; however, I was mistaken because this monthly candle occurs in December (a period when European and American funds take profits, consistent with the correction wave).
Therefore, the next view this month is that BTC will pull up green again to help altcoins recover.
Total3 has broken out of the downtrend, and altcoins will perform strongly.
Expect BTC.D to have a drop to 54-55% for altcoins to return to the previous peak in February 2025.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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