AN IMPORTANT NOTE: TAKE PROFITS BEFORE 12/24/2024.
The previous article mentioned the Altcoin season and it has occurred quite quickly and strongly. The index has increased from 41 to 47.
When this index reaches 50, the Altcoins wave will surge strongly and last for about 30 days. From now until December 20th. The bottom region coins will rise sharply and have already increased by 20-30% from the bottom of the drop in April 2024.
This index will continue to rise strongly towards 50 and above 55 in the timeframe I project and provide upcoming warnings.
And AN IMPORTANT NOTE: TAKE PROFITS BEFORE 12/24/2024.
Hold USDT to wait for a deep correction and enter orders as well as catch good entries for Altcoins to ride the big tsunami wave for Altcoins from January until the end of March 2025.
Why is there an Altcoin wave now, and the story of taking profits before the upcoming 12/24?
According to data and the history of previous cycles, the crypto market before 12/24 will have a deep correction, as everyone invests during the period of October-November and the first 3 weeks of December will cash out and take profits guessing Christmas and New Year's 2025. A large and very large amount of money will be withdrawn from the market and exchanges.
The projected scenario from now until then is that BTC will break the threshold of 100,000$ or continue to sideways and make slight adjustments up and down like the cycle last night 11/24/2024.
And finally, there will be a strong correction of 20-30% from the peak to liquidate LONG positions. At this time, Altcoins will be divided by 3 or 5 times from the price of this increase. BTC's strongest support area is 85K-90K according to the 3D timeframe.
All is projection and personal opinion!
Last updated: Sun, Nov 24, 2024
@Bitcoinboy-8686
(Personal analysis and sharing information, not financial advice)