I’ve been staring at the $BTC mothly chart all weekend.
It made me peep at $SUI and $JASMY monthly charts. If Bitcoin was to dump to 68k and altcoins dump, then this two altcoins will dump 60%.
If Bitcoin dumps and altcoins pumps aka altcoin season, then this two will easily pull a 5x-10x fast.
Its all about risk to reward ratio right now.
There’s a trading strategy called CPR by ‘Romeotpt’ on X, if you are not familiar with it please learn it.
Came across it 2 weeks ago, easy to learn.
According to the CPR strategy, you should open a Bitcoin short trade at 99,539 stop loss is 108,400 Take profit is 66,854.
