🚨🚨🚨 Crypto Alert: BTC Strategy for the Week🚨🚨🚨
⚠️ Potential Bull Trap Ahead for BTC ⚠️
Bitcoin ($BTC ) is likely to pump, but it might be a bull trap. Expect a slow rise with low volume followed by a dump, similar to the recent crash. Many traders fall for this pattern, driven by FOMO, disregarding fundamentals or current economic conditions.
Here’s the plan for this week:
1. Go Long with Tight Stop Loss: Profit from the FOMO pump, but exit quickly. ⏳💸
2. Open a Short Position:
- Split orders between $56K-$59K.
- Use max 5x leverage.
- Keep spare margin to avoid liquidation.
- Expect BTC to dump below $48K, but anticipate a zigzag pattern that could liquidate positions unless played safely. 📉🔄
3. Stock Up on Money & Buy Treasury Bonds:
- Prepare for the real crash and recession.
- During deflation, money will be very valuable, and everything will be for sale.
- Buy real estate, stocks, crypto, etc., when prices are low.
- If you have loans, deflation will make them harder to pay. Mortgages could become burdensome, potentially losing your house to someone who buys it cheaper. 💰🏠
Stay Safe:
- Don’t gamble.
- Don’t expect miracles.
- Avoid buying shitcoins—repeated mistakes indicate either insanity or stupidity. 🚫🪙
Be smart, stay informed, and make calculated moves.
#MarketDownturn #MarketDownturn #RoninBridgeAlert