š Navigating the Crypto Market: A Strategic Approach to Bitcoin and Altcoins š
Those predicting a fall of Bitcoin ($BTC ) to 12k are likely those who missed the initial surge. While a dip is possible, itās unlikely to drop below 59k or perhaps 54k. With institutional involvement this time, no institution would want a drastic plunge. Post Halving around April 25th, expect a new all-time high (ATH) beyond 73k. Until then, altcoins may see a 2x or 3x pump. Post halving, BTC will likely consolidate back to 70k-73k from the new ATH due to high selling volume.
During this period, consider investing in coins like $MATIC , $DOT , $SLP, $DEXE, $VET. Their charts show they didnāt significantly dump when BTC dropped to 61500.
Here are some tips for navigating the crypto market:
1.Trade Responsibly: Donāt invest all your assets in one coin.
2.Diversify Your Portfolio: Always include some of the top 20 coins.
3.Invest in Layer 2 Tokens: Allocate 10% of your portfolio to layer 2 tokens with low market cap.
4.Consider Meme Coins: Keep 5% in meme coins on SOL or AVAX ecosystem that havenāt pumped yet.
5.Use Technical Indicators: If youāre day trading or scalping, use EMA, Bollinger bands, MACD, RSI.
6. Hold MATIC or DOT: They could give you at least a 5x return by the end of this portfolio.
7.DYOR: Do Your Own Research.
8.NFA: Not Financial Advice.
