🚨$BTC can drop to $59,600. Here is full detail why?
Yesterday we sold our 80% alts partially at $69K and now waiting for market correction to enter again. Here is at what price we will buy them again.
Before moving forward want to clear a thing that all things that will share in this post will be my personal point of view and manage my portfolio accordingly. So , recommending you also to do your own research before taking any action . Also read full post. If you can't read full post then skip from here and waste your time in scrolling bcz reading partially is more harm then not reading .
So, let's discuss what am expected next move from market . #BTC is currently forming rising wedge pattern as shown in chart according to that BTC is expected to show correction before we get next leg up toward All Time High. Here are my target for #BTC☀ on that price we will enter in market again:
1. $64,600
2. $62,800
3. $60,400
These are the BTC price target at which we will enter in market again. Here is also my portfolio plan how we will enter with how much quantity at which price:
1. Enter with 25% in alts coins at $64,600 level.
2. Enter with 35% in alts coins at $62,800 level.
3. Enter with 20% in alts coins at $60,400 level.
Here are some more reason why we are expecting dump:
1. First reason is bearish chart pattern ( Falling wedge ).
2. Second reason Trump make market bullish through his speech yesterday so whales will do against it as always good news is equal to bad news.
3. Many liquidation are present at lower levels. Late longers will be removed from market.
4. Onchain transaction indicating whales will dump market shortly.
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