I Have Placed MY Next Buy Order BTC At 50,200 $ ACCORDING to MY TECHNICAL ANALYSIS 200 SMA in Daily timeframe is showing Support at 50000$ , So i placed buy order above 200 sma which is 50,200$ .
i have Mention in my previous post my buying on dips strategy with proper rules at every 20% doen doing DCA ( Dollar cost averaging ) . if you want whole Strategy please do read my previous posts .
🏆🚀 BITCOIN START TAKING SUPPORT AT 20 SMA ON WEEKLY TIMEFRAME 🏆🚀
BITCOIN at 100 SMA in daily timeframe and Most Important it is taking Support at 20 SMA on Weekly Time frame.
Altcoins already corrected 80% from 2023 all time high ❤
BULLISH MOMENTS UPCOMING :
1)Soon ETHEREUM AND SOLANA ETF will be apporved . 2) FED will rate cut in sep month and later on dec month . 3) GOLD and SILVER will spike on bull trend.
🚨🚨Only Three Months left to Accumulate STRONG Altcoins !! 🚨🚨
July Month Positive Close Aug Month Sideway close Sep Month Strong Positive Close
These Three months are for accumulation as much as possible ALTCOINS bullish trend will start and it will end till next year ending .
Choose wisely Only strong Altcoins which are having strong popularity legit usecase and sector leaders make sure to choose sector leaders strong coins .
I make 4 times in btc in last year 2023 still i am averaging up in btc and now i am accumatimg altcoins from last 2-3 months iwill buy more altcoins till next year ending . i am sure those eho are buying now will make profit atleast 10 times in time period of 18 months from now .
🚀🔥CRYPTOCOINS MARKET TOP AND BOTTOM HIGH PROBABILITY🔥🚀
BOTTOM FORMING :
CRYPTOCOINS FORMING BOTTOM IN AUG - SEP THIS YEAR 2024 WHICH IS NEXT MONTH ONLY , According to my Analysis previous History Data there is a high probability that Crypto market forming bottom in next two months.
TOP FORMING : Crypto Coins Forming Top Making All time high in Next Year 2025 Nov-Dec . I HAVE Study All data previous bull run cycle and i am Confident that There is a high probability you have to understand that there is nothing 100% in the market . Trading is a high probability game.
my personal view no recommendation
Buying view : so Accumulate as much as strong largecap Crypto coins every month with SIP ( systematic Investment planing ) till next year .
Selling view : place sell order where you think it may go that price place in small parts for example 20% sell order at 4* another 20% sell order at 10* etc
REMEMBER you cant but at bottom and sell at exactly top so buy in parts and place sell orders in different prices it will execute automatically at any day or month you donthave to worry.
Some of the largecap Coins i am mentioning below which can easily give 10 times returns in this bull run .
Bitcoin & Altcoins Investment with Dollar-Cost Averaging (DCA) STRATEGY 🚀
DCA is a good strategy for investors with lower risk tolerance. Investors who put a lump sum of money into the market at once, run the risk of buying at a peak, which can be unsettling if prices fall. The potential for this price drop is called a timing risk.
Add some following pointers into your strategy:
1. Start small and increase gradually.
If you’re a Bitcoin newbie, you may want to start with small purchases at lower frequencies until you build your expertise. You can then consider increasing your investment gradually as you learn more about crypto and become more confident.
2. Stay consistent.
DCA won’t work unless you’re disciplined! Make sure you stick to your plan and avoid deviating from it.
While it may be tempting to buy in when Bitcoin performs well, there’s no knowing how long such good times are slated to last. You could very well find yourself in a rut if Bitcoin’s price drops the day after you buy in!
Just buy Bitcoin regularly and patiently, and trust the process. You’ll thank yourself later.
3. Be flexible and adaptable.
While fortune definitely favors the consistent, you should also be open to adjusting your strategy when your circumstances and goals change.
4. Best DCA Timeframe :
Investment goals: Your time horizon is crucial. If you're aiming for long-term growth, a Weekly DCA might suit you, allowing you to ride out short-term market fluctuations.
Some Changes in My DCA Strategy is I personally placed Buy orders on BTC at every 5% down till price touches to 200 sma on weekly timeframe support level and i placed order of 10% of my total investment on each time which i am investing in btc .
For Crypto coins i place buy orders at every 20% down till price reaches to 200 sma at weekly time frame support level . #USDT #dollarcostaveraging #ETF #CryptoNews🚀🔥 $SOL $ETH $FET #Binance #USDT #ETF $SOL $LINK
BITCOIN is still in a Downtrend and looking like it may continue following Downtrend and takes Support At #50000$ I am placing more buying orders at 50200 just above the Support level .
ACCORDING to Technical Analysis btc 200 sma in daily time frame is at 50000$ so its a Strong Support .
THOSE who want to make wealth and long term investors may take this opportunity by doing DCA dollar cost averaging by placing multiple buy orders at different prices below the existing price.
1) place buy orders at every 5% down in btc price 2) For Strong Altcoins place buy orders at every 20% down in price 3) DO dca till 200 sma at weekly time frame after that just hold with patience . 4) TARGET Next 3 -6 months your altcoins may double the price . 5) TARGET for long term 10 -18 times returns expected for Strong fundsmentals altcoins till nov- dec 2025 .
Market is Crashing Now My Strategy Is Buying the Dips with following proper rules.
If You are a Long term investor tose who hold Crypto for Atleast 1 year This is for you and Short term traders those who want instant gains and cant hold atleast a year pls avoid this post .
MY strategy is this Crash is for short term by external factor like mt gox and german govt selling 8800 something btc this was a short term panic movement just think does it affect after 1 or 2 month ? In history we have seen ftx crash , Terra luna crash and somany big big crash did btc or strong altcoins make all time high after that or not ?
So Follow the strategy Buy on dips in only Strong Coins at this time like largecap altcoins BTC, ETH, Sol, ADA, DOT, Avax, rndr link graph, some low cap like shib , bonk, floki.
Top AI sector coins , rwa coins , depin coins , choose these sectors 2-3 coins from each sector mostly from AI sector because AI is the new TRENDING sector in 2024-2025.
SOME rules for Buying the dip :
1) BUYING coins at every 20% down 2) buying only strong largecap altcoins which i mention above 3) buy only coins which are above simple moving average (SMA) 50 and SMA 200 at weekly time frame . 4) Buy the dip till 200 sma support at weekly time frame . 5) AVOID coins which price came below 50 sma and 200 sma on weekly time frame Hold that position or exit whole position its up to you .
note : I am using this strategy and sharing this for all only for knowledge purpose and i dont recommend anything or tips and i am not a financial advisor so ask your financial advisor before investing . #bitcoin #Binance #Web3 #AI #solana $SOL $ETH $SHIB
Bitcoin crashes to $53K, but analysts warn the worst isn’t over
Analysts say Bitcoin could sink as low as $50,000, but strong macro conditions and an entrenched “buy the dip” mentality will quickly rebound BTC’s price.
Speaking to Cointelegraph, eToro market analyst Josh Gilbert said much of the sell-off could be traced back to fears stemming from Mt. Gox creditor repayments which will see around $8 billion worth of BTC hit the market starting this month.
Following the sudden dip to the $53,600 level, Gilbert said he expects to see worsened price action for Bitcoin in the coming days. “The news flow is far more bearish than bullish right now, and the selling activity we’re seeing is quite clearly unsettling investors, which often drives more selling,” Gilbert said.
“It wouldn’t surprise me to see the asset test $50,000 within the next week, but that will be a key psychological level.” “There will be weakness in the short term until we receive a catalyst to drive the price higher, and that might come in the form of investors ‘buying the dip’ or an ETH ETF approval to improve sentiment,” he added.
the price of Bitcoin brought as low as $50,000 That is a 200 day simple moving average support on Daily time frame .
Despite the short-term bearish outlook, Gilbert said there are also reasons for investors to remain bullish on a longer-term time horizon.
POSITIVE UPCOMING EVENTS for BTC TO BE BULLISH :
“We look to catalysts such as the Federal Reserve cutting interest rates in September, with the potential for another cut in December to lift prices.”
“On top of that, the full acceptance of an Ethereum ETF from the SEC, with a July launch date, would be a big boost for the crypto market,”
History suggests bitcoin will likely hit a new all-time high this year, report says
The bitcoin "cycle" refers to the period in which the digital currency ascends to a new record high, then falls again to enter a bear market or "crypto winter." These cycles — of which three have now been completed since the launch of bitcoin — have tended to follow a similar pattern.
That has been centered around an event called the halving, during which the reward for miners is cut in half, reducing the supply of bitcoin onto the market.
Typically, halving often occurs months before bitcoin hits an all-time high for the cycle. This current cycle has been different. Bitcoin rose to its latest record high before halving.
The data and research firm said historical trends have shown that the halving event has always preceded a period of price expansion that can last anywhere from 366 days to 548 days "before producing a cycle top, with each halving experiencing a longer cycle than the one prior, due to maturation of the asset class and lowered volatility."
The last bitcoin halving took place on April 19 this year, so those historical timeframes have yet to pass.
"Moreover, we have observed a decline in trading activity on centralised exchanges for nearly two months following the halving event , This suggests that the current cycle could expand further into 2025,"
"Such parabolic expansion is yet to be made in the current cycle,"
"Historically, market cycles peak 12 to 18 months after a Bitcoin Halving, which last took place in April of this year. since bitcoin has been holding around the $60,000 for several months, it implies that investors are accumulating bitcoin rather than selling.
"Going by past cycles again, once price breaks [the] all-time high convincingly, mass retail activity picks up aggressively which usually drives prices higher" . Btc All time High will be Some where around Nov - Dec 2025 .
Btc will reach 150,000 $ -200,000$ Till Nov - Dec 2025 this is based on previous cycle data as well as well known Big Investors and Whales like Michael Saylor , elon musk , mark cuban etc Dont be panic And Be Patient.
LEGENDARY Investors Never lose money because thry have legendary strategy which never fails that is " BUY the Dip and Hold for Longterm " . Only Short term traders lose money becausr they think for short term gains instant gain and they lose.
so Stop Panicking and Start using legendary Startegy of succesful traders and become one of millionaire even billionaire till nov- dec 2025 . 😇
Everyone is talking about crypto prices are crashing for external factors , whales dumping etc
Remember this fall is only for shortterm by any external factor in this this only short term traders are in fear not Long term investors.
Short term traders are looking for short term instant gains this people lose 95% in the market but Long Term Inverstor Use Legendary Strategy which never fails "BUY on Dips and Hold for Longterm" remember you cant go bankrupt by buying Apple , Amazon ,Google ,Microsoft, Nividia ,Adobe Shares Same as BTC and Eth.