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$BOME Read carefully. Visit my channel to see which coins I own. Not all coins will surge simultaneously. Having only one or two coins in your portfolio is foolish. We are currently at the beginning of altseason. Bitcoin dominance is still very high to make a clear judgment. I don’t give a 100% guarantee that this coin will rise, nor do I guarantee that it will fall. But the chance to catch 100x—why not? This asset makes up less than 1% of my portfolio. I won’t be too upset if it "falls." However, I’ll be pleasantly surprised if it brings profits in 2024-2025.
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#ALGO I want to talk about ALGO. I invested in this coin about a year and a half ago. There was a period of disappointment, but now I’m feeling optimistic. The first target I’m expecting for ALGO is $0.5, and the second is $1. I have five positions in my #ALGO portfolio. The most exciting things are expected to happen in 2025. So, let me give you some financial advice: move your assets into #ALGO $ALGO
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$BOME This is the sole asset in my portfolio that has yielded negative returns. Fortunately, it represents a relatively small portion of my total holdings. I'm satisfied with my decision to allocate more funds to altcoins such as ADA and ALGO
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BTC Target 2: $97,800 - Reached! ✅ 🟢 BTC: The second Fibonacci target at $97,800, which I mentioned earlier, has been achieved. Meanwhile, short-sellers remain active, with a significant number of sell limit orders placed at $100,000. The breakout from the local pattern has occurred, breaking the local resistance zone. However, consolidation on the daily candle is needed for this level to become support. A reminder: corrections often occur at initial Fibonacci levels. However, this is a super bullish market, so a correction might not happen. Consolidation above $100,000 on the weekly timeframe would negate any correction. Until that happens, lower levels remain open. Right now, I do not recommend opening shorts hoping for a lucky break. Further Bitcoin targets can be found in the November 11 post on the VIP channel. Remember, the mentioned correction is local! I’m not expecting any major dumps or a return to $41k. 🟢⬅️ Exchange withdrawals exceed deposits by 57%, totaling 48,000 BTC. 🔥❗️❗️❗️ 📈 Altcoins: Most altcoins remain stagnant or are experiencing local corrections due to Bitcoin dominance. Those who traded the beginning of the cycle, especially in 2017, will recall a similar situation. Regarding altcoin growth, the upcoming rally will be massive. Many cannot even imagine what’s coming! Some are already reaching peaks in their mid-term pumps, but this is just the beginning. The real action is still ahead! #btc #ada #ALGO
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Currently, many crypto investors, often beginners, are asking themselves questions like why Bitcoin is rising while altcoins are not, why altcoins are struggling, and why altcoins are constantly undergoing corrections. We are seeing very high Bitcoin dominance, meaning a significant number of people are buying Bitcoin and holding it as a long-term investment. Bitcoin dominance is currently above 61%. Sooner or later, this dominance will correct—perhaps from today's levels, or it might continue to rise until it reaches 70% before correcting. When the dominance begins to correct, we will enter an altseason. You can look at examples of what happened when Bitcoin dominance was around 40-50%. #btc #ada #MarketDownturn
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