$BTC will probably pump but it will be a bull trap, still it will pump slowly with low volume then dump again, just like the recent crash. People fall for it all the time, they FOMO back in, or just idk, keep buying with zero regards to fundamentals or current economics.
But that's how real traders can make money, so the plan for this week:
1. Go long with tight stop loss and profit from FOMO pump, and exit quickly.
2. Open a short position, but split your orders from 56k~59k and go max 5x levereage. Obviously have spare margin so your liquidation isn't even possible. Bitcoin will most likely dump again, probably below 48k next time BUT in the process the zig zag will liquidate everything, unless you play safe.
Sure, if you go 50x now and Bitcoin drops to 50k immediately, you make a million dollars, but let's be real it's not happening. There will be random pumps, or the slow pump might last a lot longer than expected.
3. Stock up on money and buy treasury bonds: When the real crash comes, and actual recession starts, there will be deflation and money will be very valuable. Everyone will want money, and everything will be for sale. Then you buy, real estate, stocks, crypto, whatever. Also if you have loans right now, it will be even harder to pay in deflation, as the true burdens of loans will increase as money is more valued. If you have mortgages and still invest in crypto, you will lose that house. And someone else will buy it for a lot cheaper.
That's it stay safe don't gamble and don't expect any miracles because it's not happening. Oh and if you are STILL buying shitcoins then there is no hope for you. Humans have brains so they can learn, if you make the same mistake over and over again well that's either insanity or stupidity.
