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ZOOM OUT! Bitcoin
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One Bitcoin and Crypto hopium for you and why I believe that we can still continue higher soon? 1. I have seen this pattern already on USDT dominance, falling wedge, fake breakout and continue in downtrend, we will see how this playout 2. BTC is still holding uptrend. Even if it seems like everything died, we are still holding this trendline 3. Fear everywhere.. I see lot of people selling their positions in loss, trying to frontrun market, because they believe that there will be way more downside. 99% of time in crypto, buying the fear was one of my best buys I could get. I believe we are at great entries rn 4. People already targeting like $70K BTC.. I don’t believe that this is happening and definitely not when people are praying for it 5. Saylor buys - Michael Saylor is still about buy several billions $$ of Bitcoin by the end of the year. Of course, this might be already priced in, but it doesnt neccesary have to 6. What exactly happened? Markets dumped after FOMC meeting, I know that there were some hawkish signs, but was it really bad for now? We got rate cut. Cheaper money. 7. First move after FOMC usually fake - we will see by the end of the week ofc, but those hard moves being often fake moves - meaning DXY and also SPX Final sumarization: all those arguments sounds logical to myself, but I am also trying to be careful. Bought today (large caps), but still got some cash in case we are going lower. Anything is possible, especially if we see stock market crash. But I have to admit that those price for altcoins are amazing. I still believe in altseason and final continuation of bullmarket. If you didn’t bought yet, grab some cheap alts. I am looking for INJ, SUI, METIS and of course for ETH BUY FEAR, SELL GREED. Remember that you will never see bottom when people believe its bottom. On bottoms, everything seems dead, people believe in downside and are in disbelief about uptrend. We are in great behavior for going higher in few weeks
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In few weeks you will regret for not buying this dip $DFNDR is cheap af at $3.6M Not gonna be there soon $30M+ once market fully recovers $cpal #btc #eth #crypto
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Alpha. Bitcoin will push higher soon Next week gonna be green af for BTC and esecially altcoins
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One more dump is coming on Bitcoin probably But I hope I am wrong BTC
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