Abdul Qadir, founder of Ideal Trading Platform, with over 8 years of business experience and extensive knowledge in crypto trading. Passionate about leveraging
"Every dip in the market is an opportunity to buy! 🛒📉 My prediction about this correction was spot on. I shared my analysis three days ago in a video on my Facebook, highlighting why a market correction was necessary. Stay ahead by recognizing opportunities in every correction! 🚀💡
#ChristmasMarketAnalysis As I had already predicted yesterday, when BTC was trading at 95.5k, a correction was imminent. I clearly mentioned that BTC would test its recent support at 92.4k, and today, we see this prediction playing out with BTC dropping to 92.6k. This aligns with the analysis shared earlier.
Now, the key focus is on whether BTC will hold this support or continue its bearish momentum toward 89k. Such accurate predictions highlight the importance of technical analysis in navigating market trends effectively. Stay cautious and prepared for further developments.
Market Analysis: Potential Doji Formation on Monthly BTC Candle
Analyzing the current BTC monthly candle, it seems to be shaping up like a Doji pattern. However, there is a noticeable difference: the lower wick is smaller compared to the upper wick, indicating potential market correction in the coming week.
Key Predictions:
1. Correction Zone: BTC may drop to $89K - $87K before recovering.
2. Weekly Close Projection: The market could close between $95K - $97K, completing a proper Doji on the monthly timeframe.
3. January 2025 Weekly Candle: A structure similar to the current daily pattern might emerge, attracting weekly investors ahead of the January investors’ conference.
4. Further Downtrend in January: BTC could face a significant dump, reaching levels around $80K.
I always tell you that a long-term strategy is beneficial in every business and market. Watch my previous video in which I clearly stated that the month of December has historically been a bearish trend. I also said to always invest in fear and book profits in greed.
In the previous video, I mentioned that BTC has a strong rejection area of 108k, and BTC rejected from this area. But don’t panic, every dip is an investment opportunity and a lesson for new learners.
If you believe in crypto for the long term, always invest when there is an environment of extreme fear in the market. And wait for the end of this quarter, and then invest on a quarterly basis.
Strategy:
1. Divide your investment amount into small parts.
2. Invest a little bit every day.
3. Choose the best portfolio and always invest for the long term (3 to 5 years).
Achieving Financial Freedom through Smart Crypto Investment
As many in the crypto community discuss the future of Bitcoin (BTC), we hear conflicting predictions. Some people believe BTC could soar to $500,000–$1,000,000, while others predict a significant dip to the $5,000–$7,000 range. Given the inherent volatility of crypto, it's clear that both scenarios are possible.
So, what’s the best strategy for achieving your financial goals and securing financial freedom amid this uncertainty?
The key to navigating this volatility is long-term investment—holding BTC and other major crypto assets over a 5 to 10-year horizon. This approach allows you to ride out the ups and downs while maximizing potential returns.
Here’s how you can structure your investment:
1. Invest 10% of your annual income in crypto, focusing on projects like BTC and other established assets.
2. Example for Pakistani Citizens: If your annual income is 1 million PKR, allocate 0.1 million PKR (10%) to crypto investments.
3. Divide your annual investment into four equal parts and invest each quarter on a monthly basis. This strategy, known as Dollar-Cost Averaging (DCA), helps you avoid the risks of market timing and smoothens out the volatility.
By sticking to this disciplined, long-term investment strategy, you’ll be well on your way to achieving your financial goals and securing financial freedom. Remember, crypto is a marathon, not a sprint! 🌍💸
🚨 BTC Trading Update 🚨Current BTC trading price: $54,700 📈We're waiting for a good entry point between $51,600 and $48,000. 📉Stay tuned and be patient for the right moment to enter the market! 💹#CryptoTrading #BTC #MarketWatch
### Bitcoin Market Prediction and the Impending Altcoin Season
As we analyze the current scenario in the cryptocurrency market, Bitcoin (BTC) is predicted to experience a downtrend, potentially reaching a price point of $54,000. This decline in BTC's value is anticipated to trigger the beginning of a bullish momentum in the altcoin market, commonly referred to as "alt season."
### The Shift to Altcoins
During this alt season, investors are expected to redirect their capital from BTC to various altcoins. This shift is driven by the potential for higher returns in altcoins as their market caps start to rise. Historically, when BTC enters a phase of consolidation or decline, altcoins tend to benefit from the liquidity and investor interest moving away from Bitcoin.
### The Altcoin Market Cap Surge
As the altcoin market begins to show significant gains, we expect to see new higher highs in the overall altcoin market capitalization. This surge will likely attract more retail and institutional investors, further fueling the bullish momentum in altcoins.
### The Return to Bitcoin
Following the peak of the altcoin season, we anticipate a renewed interest in Bitcoin. This cyclical pattern often sees investors taking profits from their altcoin investments and reinvesting them back into BTC. Additionally, many institutional investors are expected to commit to long-term holdings in Bitcoin, recognizing its potential as a store of value and hedge against inflation.
### Long-Term Bull Run for Bitcoin
The influx of institutional investments and the strategic reinvestment from altcoins back to BTC is likely to set the stage for a long-term bull run for Bitcoin. This scenario mirrors previous market cycles where Bitcoin's value sees substantial appreciation after periods.for post join my Facebook page in comment #CryptoPCEWatch #CryptoTradingGuide #MicroStrategy
Cardano (ADA) is currently trading on the monthly mid Bollinger band, making it a prime opportunity for long-term investment. With its robust project fundamentals, ADA is positioned to offer substantial gains.
### Bitcoin Market Prediction and the Impending Altcoin Season
As we analyze the current scenario in the cryptocurrency market, Bitcoin (BTC) is predicted to experience a downtrend, potentially reaching a price point of $54,000. This decline in BTC's value is anticipated to trigger the beginning of a bullish momentum in the altcoin market, commonly referred to as "alt season."
### The Shift to Altcoins
During this alt season, investors are expected to redirect their capital from BTC to various altcoins. This shift is driven by the potential for higher returns in altcoins as their market caps start to rise. Historically, when BTC enters a phase of consolidation or decline, altcoins tend to benefit from the liquidity and investor interest moving away from Bitcoin.
### The Altcoin Market Cap Surge
As the altcoin market begins to show significant gains, we expect to see new higher highs in the overall altcoin market capitalization. This surge will likely attract more retail and institutional investors, further fueling the bullish momentum in altcoins.
### The Return to Bitcoin
Following the peak of the altcoin season, we anticipate a renewed interest in Bitcoin. This cyclical pattern often sees investors taking profits from their altcoin investments and reinvesting them back into BTC. Additionally, many institutional investors are expected to commit to long-term holdings in Bitcoin, recognizing its potential as a store of value and hedge against inflation.
### Long-Term Bull Run for Bitcoin
The influx of institutional investments and the strategic reinvestment from altcoins back to BTC is likely to set the stage for a long-term bull run for Bitcoin. This scenario mirrors previous market cycles where Bitcoin's value sees substantial appreciation after periods.for post join my Facebook page in comment #CryptoPCEWatch #CryptoTradingGuide #MicroStrategy
I've just allocated 5% of my portfolio to Stellar (XLM) at the current price of $0.092. Stellar's efficient and low-cost transaction network makes it a promising addition. DYOR and consider diversifying your portfolio with XLM. 📈💼 #Crypto #Stellar #XLM #PortfolioUpdate"
If you have patience and tolerance for the long term, Internet Computer (ICP) is a promising AI project to consider. With a long position at 12.43, it offers the potential for good returns, especially when paired with sound risk management strategies. #ICP #InternetComputer #AI #Investing $BTC
🚀 Today, we witnessed history as Binance Coin (BNB) hit its all-time high of 2021! 🎉 Surpassing even the growth of Bitcoin, BNB has shown remarkable resilience and strength. This achievement is a testament to Binance's commitment to innovation and excellence. Congratulations to the Binance team, holders of BNB, and Mr. #CZ! 🥳 #Binance #BNB #Crypto #AllTimeHigh