Now I am waiting for my targets in currencies and preparing to exit 50% to 80% of the market during the coming period.
God willing, I will only risk part of my profits until the reversal in the trend is confirmed.
- Recession is coming inevitably and God knows best
And the US government is postponing the crisis until after the elections and the data is being manipulated
And pumping liquidity and raising the M2 supply of the dollar and using the strategic reserve of oil, all this just to get through the election period.
- As for the Bitcoin target of 105 thousand or 80 thousand
It is not important to me, and what is important is the beginning of the emergence of the disposal behavior.
In order, this is what happens when reaching the Bitcoin peak.
1- Recording a historical peak number of 80 or 105 or 120, whatever the target is
After that, it declines from this peak and fluctuates in a sideways range between 3% to 5% for a few weeks,
2- Correcting the acquisition.
3- Strong, fast and noticeable rise in alternative currencies.
The previous three steps occur at the same time.
When you see this behavior, you must be careful and withdraw your capital and profits and prepare for the bear market.
- Remember the bear market, you will not feel that you are in a bear market until you are in the middle of the bear market and it is too late to exit, and the bear market always starts in the form of a normal correction, then it starts to form peaks lower than peaks and bottoms lower than bottoms, and when the bear market is confirmed, you will have lost at least 70% of your portfolio.