Do you understand what will happen when Bitcoin breaks the $100,000 mark? This will be written about everywhere, discussed on every corner. Information will fill all social networks, channels, and communities. There is very little left to reach this goal. But another question arises: have people become smarter compared to the last time? Will they start buying in the midst of the hype, despite the high price?
As for market makers, they can push the growth by raising the price to $110,000-$120,000, and then 'wipe out' all the long positions and crash the market to make a repurchase at lower prices. This is one possible scenario.
The second scenario: the price may sharply pull back from $100,000 to -10% -20% and enter a consolidation phase, giving altcoins a chance to revive.
It is difficult to assert that $100,000 is the limit for Bitcoin, as this happens over a very short period of time. Usually, a bullish trend in the market lasts significantly longer.
Euphoria, greed, and FOMO are three psychological factors that hinder successful trading.
1. Experiencing euphoria after several successful trades, many start opening additional positions with increased risks, using high leverage and large volumes. As a result, they often lose all their earnings, and even worse, end up in the red.
2. Greed prevents timely closing of trades: traders wait for greater profit and ultimately close positions at a worse price or even incur losses. It is important to remember that missed profit is not a mistake. There is no stability in trading; the main thing is to preserve the initial capital. Additional profit is merely a pleasant investment bonus.
3. Often, having missed an entry opportunity, a trader sees the price rising in the desired direction and begins to experience FOMO — the fear of missing out on profit. This feeling pushes them to open a position at the 'highs', which often leads to losses.
For some reason, I don't like to get distracted by it and I don't even remember when I last bought it. For those who trade large volumes with investor money and want to minimize risks associated with altcoins, Ethereum is an excellent option. Especially when Bitcoin reaches a mark of 100,800,474,932.14 and stabilizes its rate, it will be a good time to transfer funds from Bitcoin to Ethereum.
Undoubtedly, in the near future, Ethereum also has a high probability of breaking its ATH. There is about 50% growth remaining until its update.
Act carefully and enter only on retracements with a clear plan!
Memecoins prove that most cryptocurrencies and their projects, except for 3-4, are not needed by anyone, except to make money from them. Fundamental analysis based on the presence of a good team and a promising project idea seems to no longer work in this cycle.
Just like in the information field, it's not the most competent who earn, but those who are more promoted and attract more attention. The same happens in the market: if a coin is well-known, it grows. Our task is to find the most discussed coins in the moment and ride them if we want to earn.
Advice for this bull market: don't invest in projects you don't understand or don't believe in, no matter who in your circle tells you
There are many projects - choose those that are close to you, that you have studied and are ready to support in the long run. Only conscious decisions will help you avoid unnecessary risks and maintain confidence in your actions, even if the market does not go according to plan.
Remember: less is better. Quality selection today is the key to peace of mind and profit tomorrow.
A stop-loss cannot be set randomly — it is important to determine the correct levels, such as support or resistance. If these levels are broken, the price is likely to continue moving in an unfavorable direction (down or up).
If the potential loss seems too large when setting a stop-loss, look for a more advantageous entry point where the risk-to-reward ratio will be more acceptable.
Always set a maximum daily loss for yourself that will not cause significant damage to your deposit. If you reach this limit, stop trading. Close the platform, take a rest, and come back the next day with a sober and cool mind.
Do not try to win back your losses immediately - this is a trap that beginners and even experienced traders often fall into when they give in to emotions.
Discipline is your main ally in this game. Only by following a proven plan can you count on stable earnings in the long term.
Remember that short-term large profits can cloud your objectivity. They give a false sense of security, making you believe that growth can last forever. But sooner or later, loss of vigilance and self-control can lead to a complete zeroing of the account.
Trading is not for those who do not know how to manage emotions. There is no constancy and no guarantees here. The winner is the one who remains cool-headed and is ready to give up immediate gain for the sake of a sustainable result in the future.
At the moment, I expect a correction of Bitcoin (BTC) in the range of $85.770$ -$83,000. In this range, a short-term decline may occur before a potential increase.
After the liquidity is removed, a breakout of $90.075 is possible, which will open the way for further upward movement.
However, in the current conditions, I would recommend closely monitoring the dynamics of Bitcoin and refrain from opening new positions to avoid unnecessary risks.
I trade intraday and open a maximum of 5 positions. But sometimes I prefer not to enter the market at all if I don't see ideal entry points for myself. The strategy is based on a quality selection of trades: it's better to miss an opportunity than to enter the market without sufficient confidence.
When opening a trade, I always clearly define the acceptable loss for the day — the amount I'm willing to part with without serious harm to my deposit. I also immediately set a take-profit to avoid emotional decisions during trading.
If several trades during the day have worked out well, I allow myself to enter a more risky trade with high profit potential. At the same time, I determine in advance the level of possible loss on this position, making it less than the profit for the day. This means that even in case of failure, I will end the day with a profit.
Such an approach helps me maintain discipline and avoid impulsive actions in the market, allowing me to stay profitable in the long term.
Why is it important to convert profits and losses into your currency?
Often in trading, we look at the numbers on the screen but lose touch with the real value of those numbers. When we see profit or loss in dollars or another currency, it doesn’t always register the same way as if we saw that amount in our own currency.
Try converting profits or losses into your currency. This will help you truly feel how much profit or loss affects your finances.
Such an approach helps eliminate the psychological distance between a virtual number and a real amount, as well as make more balanced decisions without succumbing to emotions. This method is useful for both assessing profits and understanding losses.
Many exchanges take advantage of the ignorance of newcomers.
All the percentages and indicators you see, as well as the tokens in tabs like 'top gainers' and 'top losers', are often specifically aimed at attracting inexperienced users, so they make decisions without analyzing the chart and the real dynamics.
As a result, exchanges do not always update the percentage data in a timely manner, leading to unreliable information and potential deception. They profit from your inexperience.
Today, a breakout of the resistance level (90,070 $) is possible.
The market is full of foolish people who are shorting Bitcoin in hopes. This has already led to the accumulation of liquidations exceeding 200 million dollars, located above the resistance level, which only adds strength for a new growth impulse.
Such players are always needed — like yin and yang, their mistakes fuel the movement of the market.
For those chasing volatile coins, let me remind you: stop-losses don't always save you. The price may close above your threshold, and in the end, you will lose much more.
So it's better to just wait than to rush into unnecessary trades out of fear of missing profit. Emotions will only lead you to loss, and then you'll regret it.
It's better to earn less than to end up in the negative. How many times do I have to repeat this? But maybe it will sink in for you, idiots.
Why do altcoins not react as swiftly to the rise of Bitcoin?
The fact is that in this market cycle, their dynamics appear stronger than in previous ones. Earlier, when Bitcoin was actively rising, altcoins often declined, but now some of them are showing decent gains even against the backdrop of Bitcoin's dominance, which currently holds at around 57%.
An important moment for altcoins comes when capital starts to flow from Bitcoin into altcoins. This usually happens when Bitcoin stabilizes and enters a sideways trend, creating more opportunities for altcoin growth.
When Bitcoin slows down its growth and enters a consolidation phase, altcoins may begin to move strongly.