I see many people saying that the movement we had today is a #bulltrap that now we are going to 48000, because of the sales, because of the capital exit... because in China... 🙄 the same thing always happens 🙄....
No young man, the best thing that could happen is that the $BTC holds in the area above the EMA of 55, makes a range and that's it, for me it would be the best thing that could happen (see image 1), in fact it is what I would like to happen.
Although we remember that it is the weekend, there is normally a low volatility in the market, so the second scenario I have is; a retracement to the 50% fibo, to continue its upward path (image 2)...
The #mercado moves in waves, we must always remember that.
My point of view is clear, I expect a #retroceso to continue rising.
For those who are short-term, this is their chance to take partial profits, put a stop at the entry price, close positions if you need liquidity, this is what I would do if it were short-term and I had entered BTC around the 59,500 or 60,000 area.
It is worth remembering that as investors we have the responsibility to make informed decisions with our own analysis, today has been a very good day for crypto and for BTC.

There was a competitor here at Square who told me to close my position at a loss and buy back lower, yes, it is a viable strategy... but with what I know now I prefer not to do it.
Of course it is within each person's strategy, I have not seen Microstrategy sell at a loss after buying #BTC. Obviously, they have a huge capital to hold on, they have their analysts, they have their strategies. But, what if one works their investments in the same way as them, the whales?
Remember that we are at a disadvantage, normally we do not have privileged information, we do not have the capital to withstand so many blows from the market, in short, being an "individual" does not mean that you have to think like one.
#MOOD : reflective friday 🤔

Well, with the other cryptos we will see similar movements to the one you see here: I present the graph of #TOTAL2 . This is a graph that shows us the price action of cryptos in general except for the price action of #BTC .
If you look closely, it shows what I have commented on in my other publications, ADX with a negative slope at #4H indicating a loss of bearish strength within that time frame, it also shows a double bottom pattern. In other words, the alts have the structure to bounce.
If you see an altcoin that does not follow this price action as shown in the TOTAL2 graph, it is because it will be in the presence of the cryptos that they use for pump and dump, and those cryptos work differently.
If we go to the #1D chart, we will see a weak ADX that confirms the nonexistence of strength in the movements that most altcoins have. It is important to understand that the movements we have been seeing are liquidation movements, I consider those movements as a different scenario that does not determine the direction of the price.
I would wait for the alts to have their rebound at least to the area that I mark with the arrow on 1D, once the price of the alts reaches that area, it should be analyzed to see what can happen.
This analysis is not for you young people to go and put 125x leverage on any meme you see because it gets away from you... It is for you to see my vision of the market.
Remember that you must have your own criteria, you have to study and dare to do your own analysis. And please do not analyze with a double arrow, that is useless.

I mean, I don't upload analysis of the crypto I'm in because it's easier to analyze BTC, that is, if you know or understand what BTC will do then you will understand the other cryptos. Of course, if you go with an investment mentality, if you go with a gambling mentality that's another strategy...
There are people who make money with excessive leverage and buy and sell driven by feelings, not me, I have a defined strategy under certain conditions, I have rules that I try to follow so that the management of my capital is as effective as possible. It has to be that way for it to work because my capital is small, my missteps have to be controlled and very limited.
I have no choice.
Also, think about it this way, if you, young, had a capital of 100,000USDT, you would go to a 1H chart of any crypto asset and open crazy positions for 10,000 at 125x, I wouldn't do it.
Be careful, everyone with their ideals and their way of investing and that is respected.

On the other hand, this week I returned to the forex market with the #GBPUSD pair. I want to clarify that I am not a big fan of the #Forex market, but since my strategy in the crypto market is more long-term and with lower leverage, well I chose a pair in Forex in which the strategy I give more weight to what the price action tells me at #4H .
A few days ago I published that the GBP is showing signs of starting a second "shoulder", of course, that is a young projection that I don't see yet.
Based on that, what I have left to do is look for a rebound in 4H, which I did yesterday twice, because the market took me out 🤔🙄, but oh well, there we go.
I made this decision because the ADX has a negative slope in 4H, indicating a loss of bearish strength, as well as a subtle divergence... the price should bounce back to 1.32 approx, representing +1.31% for the leverage you have or about 171.3 pips of profit.
The only bad thing is that today is Friday and the market closes until Sunday, but well the entry signal by strategy was given to me today and I took it so I'm already in waiting for the bounce only.
An "HCH" pattern represents for me a change of structure, I want to take advantage of it.
I want to be emphatic that the Forex market is not to my liking because to be profitable you have to use a lot of leverage, but I already have a structure of how I'm going to work it, it's up to each one to know how to manage their investments and their capital.

I'm still holding my positions... I'm not looking for a short-term option...
In fact, I'm preparing to get more liquidity and increase my positions if the price were to drop to a certain point. I've been holding for 9 days, which isn't a long time either, and I don't expose my capital to the 1H, 15min chart candles...
$TON

$PEPE

$LINK

What a week people...
A few days ago I joked about the whales going to give the market a "slap in the face", I posted a photo and everything that made me laugh a lot about it. But hey, we fell a bit yes👍; good for the people who were able to buy at 59000.. I personally didn't expect it to fall below 60000, but it did.
Now, since yesterday the $BTC has been forming a double bottom pattern at #4H ; so since yesterday I was expecting a rebound in the price. I deduced this from the aforementioned pattern in addition to the fact that the ADX in 4H is turning downwards, indicating a loss of bearish strength, which anyway, it's not like that fall yesterday had much strength either, that is, it wasn't a movement that breaks a previous trend or something like that.
If you look at the chart of #1D , the ADX was always below point 25, reinforcing the theory that the movement itself has no strength.
Is this a clear indication that it will stop falling? Of course not, there is a possibility that it will fall further, if the whales want to lower the price further to buy back cheaper they will do so. The fact that they have sunk the price below 60000 for 2 hours is enough for us all to be aware of the price action, today Friday is the closing of the market we could see small falls, that is something that most of us know.

Estos hijos de su grandísima...... 😐
😮‍💨$BTC

There is nothing to analyze, just wait...
Although you see that at #4H the $BTC is maintaining a double bottom structure.
It is already beginning to show signs of volatility.
My question now would be, will the liquidations continue? or will the purchases come in?
By October 2023, BTC had a big drop that went from 27900 to 26700 (-4.19% approx.), that in a range from 0710/2023-13/10/2023... After that it began to rise... will the same thing happen in 2024?

We are still alive🙌🏻 above 60500, the pain that the #ballenas on the downside caused was good... it hurt a little, but you just put menthol on it and that's it, the pain goes away...
Tomorrow we will see how the price action behaves... Look, it is forming a double bottom at #4H ... I think we will see it bounce back to 62300🤔
#MOOD : optimistic/ I keep praying🤣
$BTC

Will I survive?? 🤔... As I explained, I don't usually leverage myself much with cryptocurrencies.
I'm exploring a way to invest in futures contracts...
It's not that I'm at #quemar the bottom right now, but I do feel a certain discomfort seeing those red numbers.
I'm still holding my 12887056912, I like it better when the system doesn't tell me where my price of 62058921294 is.
$BTC

What a problem with #liquidaciones .... 🤦🏻‍♂️
#MOOD : I keep praying while drinking coffee without bread. ☕🙌🏻

$BTC

Well at least the $BTC is already moving, not in the direction we wanted, but there it goes... 😮‍💨...

is that since yesterday I knew that the #ballenas were going to do their things... #liquidaciones to the shorts and the longs alike.... they are eating grilled bear and bull with potatoes and salad ps... and they spend it with a relaxed wine.. 🤦🏻‍♂️🤣🤣🤣
I keep my #posiciones 💎.... and watch out that I am not like the violinists of the Titanic... watch out... $BTC

Have you noticed that #BNB has held up super well these days while #BTC hasn't moved?
I noticed it too late; I must have bought bnb in January of this year..
But very good for bnb, this coin is one of the ones I like...
$BNB

I think the slap of #ballena will be #bajista ... If you have seen those slap competitions.. (see reference image)...
I hope that slap is not so strong, that it is a slap so that the price reacts to the rise.. 🤣🤣🤣 in my country it is called "coñazo" or "carajazo*.... 🤣🤣
$BTC
#MOOD : praying

I don't like it when #BTC loses #volatilidad for many days, you know, like it stays within a zone that goes from +0.5% or -0.5%..... Normally when that happens the whale comes and slaps the market as if to wake it up..... I don't feel #bajista in BTC, but I am starting to feel some stress because the price action is weak.... It just doesn't move.
$BTC

Damn, the market is so boring.... 🤦🏻‍♂️

#MOOD : ☕*tomando café con pan y esperando*
$BTC