To explain it more understandable for u. Without fancy stuff or what not.
#Bitcoin has been ranging recently. Above the range lies buy-side liquidity, and below it, sell-side liquidity.
Currently, sell-side liquidity is massive and will almost certainly be targeted—it’s just a matter of time.
We’re likely to see a deviation from this range.
Either $Bitcoin corrects into the yellow zone by the end of the year (a scenario I lean towards), or it continues upward to a deviation near 116k, potentially marking a local top.
Given the recent expansive rally and the current accumulation phase, a correction to liquidate longs and hunt their SL makes sense before another move higher.
No worries I will share when it’s time to buy alts.
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Right now, @dolos_diary aka $BULLY is sitting at a price level that marks the perfect Fibonacci retracement. We’re at the critical turning point – and all signs point to upwards movement! 🔥
Why upwards? 💡 The Key: The Sector! $BULLY is part of the AI-Agent sector, and here’s the game-changer: Binance is about to list AI-Agent, and we all know what that means: 🚀 [AI Agent](https://www.binance.com/en/blog/research/binance-research-exploring-the-future-of-ai-agents-in-crypto-4685351192205955466) Why $BULLY is the Next Big Thing: @dolos_diary isn’t just another project – it’s the ultimate AI-Agent, roasting everyone with authentic content and dominating with S-tier engagement in the AI-meme space. The big players are already paying attention!
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Now is the time – before everyone else realizes it! 🚀 —————————————————————- Disclaimer: This is not financial advice. Always do your own research (DYOR) and consult with a financial advisor if necessary. Cryptocurrency investments carry risks, and you should never invest more than you can afford to lose.
Many people misunderstand how the crypto market operates, especially when it comes to altcoins. Here’s the reality:
The common mistake: Focusing on Bitcoin at its peak and overlooking the opportunities altcoins bring.
How the cycle unfolds:
1.Bitcoin takes the spotlight first. It reaches new highs, dominates the market, and attracts all the attention.
2.Bitcoin’s dominance grows. During this phase, altcoins seem stagnant. Many panic and assume they’ve lost potential.
Here’s the truth:
Bitcoin acts as a magnet for initial investment because it feels “safer.” Once profits are taken, funds flow into altcoins.
3.Altcoin season starts when Bitcoin slows down.
As Bitcoin consolidates, smart money rotates into altcoins, marking the beginning of their explosive growth phase.
How to position yourself:
•Identify resilient altcoins. Look for those that hold value better during Bitcoin’s dominance—they often signal strong demand. ( $DOLAN )
•Spot early growth trends. Projects with increasing users and clear utility often lead the charge in the next wave.
•Act before the crowd. Success comes from moving into altcoins before the masses catch on.
Altcoin season is inevitable. The greatest returns go to those who recognize the cycle early and position themselves wisely, not to those chasing Bitcoin at its peak.#mememcoinseason2024