#MarketRebound The market has given us Christmas Pump, but I see this as an Illiquid pump, as the new year comes forth, the Wall Street Investors come back into the market, we might see a dip, still not ruling out BTC visiting 86,000. As long as we keep seeing rejection and lower highs being made on BTC.D, Alts will remain healthy. As always look for good projects and DYOR. Don’t forget to buy the dip if it comes if you left some funds for DCA.
Excited for the Euphoria Phase of the Bull Run to kick in real soon!
Are you all set and locked in for the best phase of the Bull Cycle? Do let me know & ask for my opinion if you want my POV on something.
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$BTC will eventually visit the $86,000-$88,000 region soon, it needs to take a strong bounce otherwise we might see $76,000. As long as BTC.D keeps rejecting and making Lower Highs and Lower Lows, the Euphoria Phase of the Bull Cycle is just around the corner. I expect the Pico top of #BTC to be around $125,000 and a hyper extension to $150,000 at max, if you do futures, that is your region to build low leverage shorts. Invest in good narratives and enjoy the bull cycle.
This isn’t financial advice and I can be wrong as well, so do your own research.
I personally believe we will be seeing a breakdown in BTC.D which has already begun and although it will make Lower Highs and Lower Lows, hence drop in BTC will not bleed alts like it did a few days ago.
We might see BTC drop to 86 & if that doesn’t hold we can drop down to 76, but since BTC.D will be going down as well, alts will not go down much.
The euphoria phase of the bull run is just around the corner, don’t get capitulated and as always diamond hands will win and paper hands will fail!
I have put in a significant amount of money into @Tellor I expect it to fill that all time high wick, if you are willing to take this trade, do proceed with caution and do leave funds for DCA, my average buy price is $58 and will DCA if it drops down to the $40s & again I reiterate, this is a risky trade so manage risk. If you do futures you can open a low margin, low leverage position at CMP, but your liquidation should be 0 and as always, this is NFA and DYOR!
I am extremely bullish on @Bonk! With the token burn event and its recent listing on a North American trading platform, I see it breaking its All time high and testing 0.000083 & 0.0001 ranges. I expect its market cap to cross $10B! But you should DYOR! NFA!
Bitcoin $BTC has had an interesting ride over the last 24 hours, with its price seeing some ups and downs. After hitting an all-time high of $108,267 on December 18, 2024, driven by strong investor confidence and positive news, things took a turn. 🚀
The pullback came after the Federal Reserve’s latest update, where Chairman Jerome Powell hinted at slower interest rate cuts for 2025. This news spooked investors, sending Bitcoin and other riskier assets into a downward trend. 📉
In just 24 hours, Bitcoin saw a drop of 3.2%, falling to around $103,989. This dip continued with Bitcoin briefly dipping below $100,000. But don’t be fooled by these fluctuations! Over the past year, Bitcoin has gained around 130%, which shows how strong its long-term trend is. 📈
As of today, December 19, Bitcoin is hovering around $102,251, still reflecting a slight dip but holding strong compared to earlier in 2024. While the crypto market faces some turbulence, Bitcoin remains one of the most resilient assets. 💪
What does this all mean for the crypto space? Well, even though we’re seeing some pullbacks, Bitcoin is still way up compared to last year. Its long-term prospects are looking good, especially with regulatory developments expected to support the market in the coming months. 🚀
So, if you're holding Bitcoin, don’t panic! These ups and downs are just part of the crypto rollercoaster. 📊 Keep an eye on the market, and don’t forget: the long-term trend is still your friend.
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