#review
#BTC
Go
In the video I said at 41K that, as a priority, I consider going to +/-44K extremely probable
Yesterday we reached 44K (less a hundred dollars) - ✅
I consider all the current lateral movement in the form of a lateral distribution against the backdrop of the end of the ETF hype
We got two exits beyond the borders of the sidewall - deviation. First - up against the backdrop of strong psychological moments (peak - ETF approval). Afterwards - collection of liquidity under the range with subsequent return to the consolidation range
How does a techie think?
- ETF hype is completed (sell the news)
- Grayscale sells cue balls
- input impulse for correction has been received
- now there is a correction of the entry impulse = technical rebound
- There is ALWAYS a decline before halving
- ALWAYS wild run AFTER halving
- correction of the entire annual Bitcoin uptrend - target 32K (0.5 fib)
- tighten timing for halving
- hurray - while we are sitting in the cache (or shorting), we will earn money after the halving
How does a bull think?
- history does not have to repeat itself. There will be no correction before halving!
- Grayscale sells, but Blackrock buys it back - change of hands!
- lower deviation - bear trap
- the minimum target, where any bears will turn over from despair into bulls - 52K
- tighten timing for halving
- hurray - we sit and hold, and we will sell to those who come after the halving!
Two opposing camps. But what is a fact is that the vast majority of market participants (like you and me) have studied the basics of technical analysis. Wave theory. Smart money
They haven’t studied it - so they sit in the channels of those who have studied it
Let's call them all in one word - techies
So, beautiful book patterns on the chart, obvious structures according to the canons of smart money, understandable on-chain data - these are all hothouse conditions for them, so to speak
Too simple, too obvious. It won't happen this way
Yes, the technical side is for a reduction. Moreover, my scenario is confirmed - we saw a movement from 39K (where the gap was closed) to 44K. There seems to be no reason to invalidate the first thought, right? (39-44-32/36)
On the other hand, I understand that somehow everything in this case will be too simple, don’t you think?
It looks like it was the same as at 28-30K. The technology was screaming about 20-22, but the bull’s heart was convincing: “We couldn’t breathe a sigh of relief for 2 years, now it’s the turn to kill the bears” :)
This is what happens in the market. When there are arguments for both opposite scenarios
In this case, you need to abstract yourself, increase the scale and choose a long-term strategy
You know mine. I'm two-thirds in the market. On the spot. Mainly in altcoins
If there is a decrease to 32-36, I will consider this as an excellent opportunity to use the entire deposit balance
If it doesn’t, I’ll pick it up as I go.
Because we are in a bull market. Dot
Projects are being listed. The news is getting faster. Rumors are spreading
Yes, today the Fed. Must watch. But I don’t expect any force majeure
You decide. I have written out the arguments for everyone, take them and use them
I’ll make a separate video on alts already on YouTube channel, subscribe so as not to miss https://youtube.com/@TradebyBooba
ALTSZN MTHFCK SOON
Peace, profit and green PnL to everyone
The game continues 😈
