$BTC Bitcoin!


What to expect?
We broke through, but couldn't hold the level of 100,000. Is that bad?
In the local structure - yes.
But in the long term? Fantastic.

Outlook:

Recently, Bitcoin crossed an important milestone for the first time in history, reaching a six-figure price.

I want to outline some thoughts:

1) 100,000$ - a serious psychological barrier, and the next ones could be 500,000$ or 1,000,000$.

In general, big goals will now be achieved more easily.

2) There should be a crazy increase in public interest (due to headlines in newspapers, news in media and social networks, and "word of mouth" from neighbor to neighbor).

3) As mentioned above - many newcomers will enter the market.

So, here comes the buy pressure for altcoins and the altseason itself, partly because Bitcoin is expensive.

4) Those who enter the market now and in the next 2-3 months will still be able to make a profit. But those who come after dozens of Xs on altcoins and get stuck at the highs will lose.

Locally:
For the continuation of growth and the altseason, there should be a pullback. Although within the range of 96-94, if 90k is too harsh.
I think this will happen in the coming days, and it will be the starting point for the altseason.
Hang in there this week.

So what’s the result?

Local picture:

Yesterday we did well in the market, but that solidified us below the trendline.
The road to 90000-88000 is open.
Stop at 94500

What’s next?
Next, Trump takes on the role of president, FTX starts payouts, and BTC dominance
has in turn hit a global level.
These are super bullish signals that cannot be ignored.

During the rise of BTC, dominance will not particularly fall, but upon reaching the mark of 120k and moving into a sideways trend, which will definitely happen - dominance will tumble down.
Here comes the long-awaited altseason and buy pressure from the media.

Be patient, happy trading! Hope this helps✊🏻

#BTC☀ #pepe⚡ #Ethereum

Many are interested in when it will all begin.

Everyone remembers the effect that Trump had before the elections. Officially, he will become president on January 20, 2025. I assume that by that time a new wave will begin. If you have managed to stay afloat until now, well done.

Now your task is to overcome the post-traumatic stress disorder of December and ride the upcoming bullish wave.

#BTC☀ #ETH🔥🔥🔥🔥🔥🔥

#BTC Dominance.

From the technical analysis side, going higher is something on the verge of unreal.

The road to the altseason is open, don't miss the opportunity to buy.

I don't rule out a correction, but not a 50-60% dump like it was before😁

January, February, March will be very strong months.

Keep your finger on the pulse, and be ready for takeoff🚀🚀

#AltSeasonOnTheWay
#BTC☀
#BNBToken

Many are discussing the article by Arthur Hayes (former CEO of BitMEX), where he predicts a possible "black swan" before Trump's inauguration on January 20. Here's why I think it's unlikely:

ETH ETF. Applications for the spot ETH ETF submitted earlier will be reviewed on January 20, and, with a high probability, approved. This will provide a significant influx of liquidity into ETH.

Cryptocurrency support. Young people who support Trump, including due to his interest in cryptocurrencies, can expect positive news in the first months after the inauguration.

DOGE and Elon Musk. DOGE will be actively mentioned in the media, especially due to Elon Musk's company associated with it, which will probably start cooperation with the government.

These factors almost exclude the possibility of a "black swan" before January 20.

Watch everyone!

The market is at a turning point.
Yes, the entire altcoin has already fallen by quite a significant amount, but in the short term
BTC is under a strong resistance level, from which we can continue to fall (shown on the chart with a red line)
Reinsure your positions and be careful.
#BTC☀️ #ETH🔥🔥🔥🔥

Sell apartments, houses, cars, take out loans!
Buy crypto!

What to do in such a market?
In the last review, I talked about the decline, but it happened a bit earlier than I expected.
Now the market is stained with the blood of traders. Billions in liquidations.

On the positive side.
It's not all that bleak😁
BTC has entered a correction and is dragging the market down with it, but the dominance has hit a level that it definitely won't break.
This is the moment to accumulate positions and wait.

From the current levels, altcoins can drop a maximum of 15-20%, no more.

Manage your risks and margin in the position wisely, and happiness will come to you.
The god of the bull market is with us🫡
#BTC #ALTSEAOSON

What to expect from BTC and Altcoins?

The final local mark, from where BTC will go down - the range of 112,000 - 120,000
After that, there will inevitably be a dive into the area of ​​95-90k, at least.
I have seen this picture quite often during my trading period.

Is everything really that bad? No.
Growth will resume after the start of the alt season.

People are panicking and often ask the question: "Why is Bitcoin growing, and altcoins are standing still?"
The reason for everything is Bitcoin dominance.

Dominance is not in the growth phase. This is a correction, within the fall.
Now, we have almost reached the global level at the mark of 57.5-58.5.
It is these marks that are the main point for the beginning of the desired alt season.

So what should we do now?
BTC
Locally: You can try long with a short stop at 102,000, with a take at 110,000
Fix your profit at these marks, and from there, take short orders up to 120,000.

Altcoins:
Take positions now for a small part of the deposit, and a grid in case of a drawdown.

Then just wait

Of course, it is scary to buy on such a market, "but do not be afraid"🤣
#Xrp🔥🔥
#BTC
#Altcoinseason2024

Why do beginners lose money and leave the market with a 95% probability?

It’s quite simple. Everyone who comes here thinks that this is a money-making button, even if they deny it themselves.
They overestimate risks, manipulate margin and stops incorrectly.
In this bloodthirsty and ruthless market, only those who know how to wait succeed.

Trading is a long and thorny path that requires a lot of time, experience, and analysis of a huge amount of data, based on which you make decisions.

The realization that it is better to wait for a few good trades with good growth/fall potential than to open 10 trades daily for a tiny profit (if there even is one) comes to everyone who has been in this market for a long time and has a deposit of at least 10-15k$

Of course, it is quite possible that you came into a bull market, closed a few trades in the plus, and feel like you are on top. However, this is not the case at all.

Be in tune with your emotions and patience, trade with a long-term perspective, not just for today or this week, and happiness will come to you.
Be careful 🫡
#ALTSEAOSON

Investing in Bitcoin: The Growth Potential is Huge

Judging by the news about possible strategic reserves of BTC in the USA and Switzerland, proposals in the State Duma of the Russian Federation, corporate discussions (for example, at Microsoft and Amazon), and statements from world leaders about Bitcoin, it becomes clear: cryptocurrency has not yet exhausted its possibilities.

Initially, I believed that this cycle would be the last with such a sharp increase. However, given the current situation, it is hard to imagine how the unrealized investment potential can be realized in the remaining few months before the expected peak in spring.

What lies ahead:

Countries will start actively competing to accumulate Bitcoins.

Pension and insurance funds, banks will move towards large-scale investments in cryptocurrencies.

The largest corporations and stores will accept cryptocurrency as a means of payment.

Governments will start actively engaging in mining, as Bhutan does.

The recognition of Bitcoin as an official currency will become a common phenomenon rather than an exception, as in El Salvador.

Bitcoin could surpass gold in capitalization, strengthening its status as a safe-haven asset.

The potential for further growth is enormous.
#Bitcoin❗

Get ready for another drop🫡

Altcoins.
I don't think the drop will be deeper than the previous one, but still, if you've taken positions with high leverage, be careful

I believe that after the reset of leveraged positions, the parabolic growth phase will begin. For now, let's wait✊️
#dump #altcoins‬

Please note:

The market maker first initiates the first squeeze on BTC, not touching the altcoins. Then BTC forms a second bottom, while the altcoins experience their first squeeze at this time.

Currently, BTC is moving towards a new ATH, but the altcoins have not yet formed a second bottom.

There is a feeling that the altcoins continue to follow BTC. It might be worth expecting a second bottom on the altcoins, and then their new ATH. Just an observation.

#BTC☀️

It seems that Bitcoin has found support in the 96000–94000 zone and is moving according to the first scenario we discussed earlier (see the left chart). This decline was enough to liquidate leveraged positions in overheated altcoins, which helped the market cool off a bit.

On the weekly timeframe, my forecast is once again confirmed: the correction is turning into a long lower shadow, and the market is preparing for further growth. I have already said:
"Probably, the week will close with a long shadow from below, and the upward movement will continue."

The situation looks quite promising. If you were able to endure this decline — honor to you and praise! Today the market is already showing recovery, and many coins have almost returned to their previous levels. This is a good sign for those who continue to hold positions.

Don't miss the opportunity to accumulate positions now, so you won't regret it later..

#ALTSEAOSON

Bitcoin Corrections

I have a feeling that the current cycle will largely resemble the blue cycle (bull market from 2015 to early 2018) and here's how:

1️⃣ at the initial stage of the cycle, growth begins after prolonged corrections;
2️⃣ corrections are quick, but quite unpleasant, unexpected, and aggressive (mainly around 20-30%)

Predicting the exact timing of corrections will be practically impossible. Therefore, those using leverage will always be in danger and "in the crosshairs" - at any moment, they could face a haircut similar to the one from the day before yesterday.

But, I repeat, the sell-off from the day before yesterday is characterized by the fact that it is record-breaking in terms of long liquidations since 2021. The scale is just insane. Therefore, the market has cleaned itself up and will soon be ready to quickly recover losses, and no one will even remember this drop.
#BTC

This is the end!
#Bitcoin❗ #Altcoinseason2024
I think this is the end of the decline, the dominance has hit a global level.
In these days, there have been simply phenomenal liquidations.
Right now, there is simply no point in dragging the market lower. There is no one left.

I started to build positions, in a market of fear, everyone is afraid to buy.
The well-known wisdom:
Buy when everyone is selling
Sell when everyone is euphoric

This week will be final for the bears, bulls, prepare your hooves🫡

#Bitcoin❗ #Altcoinseason2024 #
Don't panic!

The altcoins are indicating a bottom, but I can cheer you up.

The decline is nearing its end, from the current levels - a maximum of 5% drop.

We are breaking records in liquidations!
People are massively closing positions, wiping out all leverage.

The well-known wisdom - buy when everyone is afraid.
Sell when everyone is euphoric.
Now is the perfect time to take advantage of it.
Hang in there, guys, we will manage🫡

$BTC $ETH $XRP

#Bitcoin❗
So far everything is clear, the resistance around 100,000 is quite strong, we are moving towards 96000-94000 (ideally - 90000-91000, but you understand that this is the market and such a comfortable entry may not be provided).

If my expectations happen to be wrong, then the backup option I have prepared is closing the daily above 101500. In that case, the correction might be postponed, and we will confidently move towards 115-130k.

On the weekly timeframe, the picture is still very strong, and only some unpleasant bearish engulfing could break it. But again, as I did last time with the previous weekly candle, I will risk assuming that we will close with a long shadow below and then go up.