### Crypto Market Update: Bitcoin and Altcoins
BTC and the broader crypto market seem to have finished their correction phase. Bitcoin's next target is around $75K to $80K. Make sure you're holding enough altcoins, as theyâre set to explode in this bull cycle. The altcoins poised to shine include Pepe, Floki, People, Bonk, Sats, Near, Shiba, and Dogecoin.
For these altcoins, spot trading is advisable so you can hold them until the end of the bull run without the stress of daily fluctuations. Remember, this bull run will unfold in four phases, and we're still in the first phase, implying a long journey ahead with multiple corrections.
If you're entering a BTC position, set your stop loss at $63K to mitigate risk. Stay cautious of negative news and market manipulations that can cause retracements. Avoid FOMOâbuy during corrections or right after, like now.
Good luck, and I'll keep you posted with updates through every correction until the end of this bull run.
