With only two days left for Christmas one thing is almost certain to me. $BTC is gonna bleed for a couple of weeks. May be to 78k or 83k. Several factors point to it.

I would stay unbiased by saying that I don't hold a short position for Bitcoin yet.

1. $BTC chart overbought in weekly and monthly timeframe
2. FEDs hawkish interest rate intention in 2025
3. Bitcoin history in the previous bull runs. After making an ath it ends to undergo a correction lasting weeks.
4. All major alts overbought in monthly timeframe.
5. Fear and greed index still in greed
6. Whales wanting to get better long positions anticipating a rally upwards
7. Futures gap at 78k and btc always fills the remaining gaps.
8. Trump's inauguration and the drama surrounding it. This coupled with no major political statement by any elected stalwart.
9. People cashing in before Christmas and new year.
10. Low volume and market cap of entire crypto market than a month ago.

My assessment may be wrong or maybe don't have the entire information. If anyone thinks otherwise or has a solid argument please do share with me. Better to be educated than stay in the dark. Maybe I am missing something.

DYOR and trade wisely.


#ChristmasMarketAnalysis

you forgot to mention
target price 3 = 100,000$

Those who are new to crypto or undergoing their first bull run should understand that these pullbacks or sudden drop in prices are normal. This is not new & has happened in every bull run.
Now is not the time to doubt whether crypto is for you or not. Stay focused and remind yourself of the reasons why you're in this game. Set a daily realistic target rather than lofty goals.
If you expected a particular coin to go to 1$ then 2 and then 10$ you were wrong.
DYOR and don't believe every johnny who tells you O this coin is gonna go to the moon.

#MarketPullback

Spot trading is safe I agree. But man O man trading in futures just gives you that rush 👽

Things are looking good for now. Hope everyone's also in the green !!

You won't believe me but I am actually rooting for you. May you make tons on it 👍

It goes without saying that this is not the first time $BTC or the entire market for that matter has gone through turbulence. What's next !!!!

I believe that with the incoming Christmas holidays and FED rate cut failing to make a positive impact coupled with the gap at 78k, it is highly likely that we are in for much worse.

My move: Not to get liquidated. Not opening over leveraged positions for the time being and adding more funds to my portfolio to minimize the risk of getting liquidated on my existing positions.

In the meanwhile looking for trades that I am a cent percent sure would go through.

As always DYOR and may we all make tons of money.


#BTCNextMove

Don't say that you weren't warned. I have been telling my followers repeatedly that a move down is highly likely. Don't get liquidated as I still expect $BTC to undergo some more correction.

yes but not all at once. Do DCA

if btc falls to 73-83k then yes you would get liquidated

I am the only one who predicted it correctly. Least you guys can do is follow me $USUAL

$USUAL just broke the bullish ascending channel on 15 minute timeframe. Confirmation of successful break after the next candle. DYOR

#MarketPullback

$NEIRO I believe is being manipulated. Maybe one or a group of whales are deliberately shorting it and after considerable downward movement are gonna step in as bulls.
The whole tactic revolves around the belief of taking a good long position. I am buying it at every dip. DYOR

#BinanceAlphaTop5

Still a spike down is highly likely .Trade with caution and use leverage with due diligence.$BTC still not out of the waters yet. Don't take long positions on coins that are in the red. DYOR


#MarketCorrectionBuyOrHODL?

Shorting $USUAL . After a good run I believe it's due for some correction.


#USUALSpotPrediction

Anyone having any idea when or if $PNUT will get listed on Coinbase !!

I am long term bullish on $ZIL . Their tech, their perseverance in the crypto space for the last 8 years, their team all academics all speak highly of the project.
At present due to the uncertainty surrounding $btc and fed rate cut or hike I am pretty sure just like all other alts it's gonna dip for a little while. That can be an entry point in Zil.
As always DYOR.


#CryptoUsersHit18M

$1000CAT thinks that being bullish means going down. Cats being dumb cats 😅


#BinanceAirdropsCATandPENGU

Bull run or Bull trap !!!

I may be wrong but imo $BTC is due for a correction. With the RSI dangerously pointing to overbought conditions, btc making ath with suspiciously low volume and incoming holiday season I think it'll undergo major correction in the coming days.

I haven't taken any long or short position in any coin at the moment so I believe
am completely unbiased on this one.

In the past I have been liquidated a couple of times because I opted to follow the general market sentiment.

DYOR and trade wisely whether you're a bull or a bear.


#bullorbear

Going through your 1st Crypto Bull Run. Here are some tips :-

1. When somebody says buy now whales are about to enter he's probably stuck in a trade and wants you to get stuck as well

2. Never buy a newly listed coin. Wait a couple days to get a clear picture

3. Never buy a coin that has already done 10% that day. It may probably run out of steam and go south again.

4. Don't buy a coin that has fallen by more than 10%. Search that coin, probably it has been delisted or hacked and prices are about to crash to zero e.g Luna crash.

5. Don't invest more than 50% of your capital. Market may go either way depriving you of a golden opportunity to invest at the right time.

Most importantly DYOR. Stay safe and may you make tons of money.

#BitcoinKeyZone