🔸We are getting one after one bullish news that is causing bounce. But this bounce will be over once liquidity above recent high of $84K sweep. Here is further detail.
🔸If we look fundamentally
#TRUMP is just releasing good news after every bad news and pumping dumping market.
🔸There is lot of news about tariff about canada and usa. Every news bounce over with passage of time.
🔸Current bounce from $76K to $84K is just news bounce nothing else. It will be over and market will dump again.
🔸In our second last article we mentioned $75,500 - $77,500 as a strong support. Market bounce from there but we did not buy, reason already mentioned in last article.
🔸Main question is what we should do right now? Here is answer:-
🔸If you bought around $77K just book profits and wait for dump again.
🔸If we look technically on chart most expected senerio is that
#BTC may sweep liquidity from last high of $84K and dump again upto $74K or below.
🔸Once it happen we will look for bigger shakeout candle before buying.
🔸Once I buy
#bitcoin I will update.
🔸Most of you think why i am still expecting a dump? Here is answer.
🔸It is totally about pain that retailers must face before any mega rally.
🔸Just look at previous data. In 2024 start BTC take almost 27% correction just after ETF approval to remove all retailers who bought in fomo.
🔸Same thing happened in mid and off mid, BTC took almost 50% correction from its top to remove all retailers who bought in fomo as BTC created all time high.
🔸Right now same thing is happening,
$BTC is removing all retailers and weak holders who bought in fomo of trump becoming as a president.
🔸In my opinion 90% of them will be removed when market will bleed one more time that can go down upto $74K or even more down all depend on volume and sentiments.
🔸Once they get remove market will bkunce again and will restart a new rally that can go upto $135K in my lame opinion.
🔸Right now personally I am buying and accumulating alts with 30% DCA capability.
🔸Alts that I am accumulating mostly belongs to
#Layer1 .
🔸I can shill some solid alts if this article reach 500K views.
🔸Remember don't fear right now while accumulating alts. Most probably with in few weeks alts start rally and do 2X 3X. But do DCA and don't buy 2 or 4 projects.
🔸Invest atleast in 15 - 20 solid projects and don't relay on one project only.
🔸Reuslt of complete above discussion is that start accumulation in alts and buy in such a way that if they drop further upto 30% you can buy. On the same side wait for one more dump before buying
$BTC .
🔸I hope you find this article helpful if yes then don't forget to like share repost and let me know in comments if you want more articles like it in upcoming days.