BITCOIN UPDATES
Fundamentals:
Iran VS Israel War Is Hot Topic!!
Iran launched dozens of drones to Israel
The war situation is not good for all financial markets. Yesterday, markets were volatile due to this news, and today, after the confirmation of the attack, there was a flash crashh!! So currently, Technicals are weak!!
Hong Kong ETF & Halving: It is expected on Monday that the BTC ETF will be approved in Hong Kong and there will be halving next week, but the news related to the war is more effective!
Technicals
The clean chart of Bitcoin is in front of you, and according to this chart, we are in an important support zone where Trendline support and horizontal support are at the same point, and that is ($60,800 to $61,500$). Holding this zone is very important. As long as this is held, we can expect 70k. Otherwise, if it breaks and closes below, there will be an issue.
ALTCOINS UPDATES
Currently, there is no news about altcoins, and all the money of investors is currently only in BTC due to halving and ETF, and because of this, dominance is very high, which is the reason all Alts are down by 50%.
Apparently, it is seen that Altseason starts 150 to 200 days after bitcoin halving, and in history, Before altseason, alts perform like this.
So it's better for us to invest in parts in quality or narrative use case alts like 5%.
AI, Web3, Gaming, Eth Ecosystem
These are hot narratives.
Currently, I'm holding
Ctxc, Phb, Nfp (AI)
Cyber, Portal (Gaming & Web3)
OP, LDO, Ethereum (Eth Ecosystem If $ETH ETF got approved)
These are my main list in which I am invested.
Apart from this, gems like $IGU, Cleo, I have 1% invested in them because they are high-risk gems, so there is no benefit in investing more in them.
Manage your risk, accumulate good alts in parts, maybe such an opportunity in alts may not come back again❤️
#BinanceLaunchpool #bitcoinhalving #Memecoins #BullorBear #cpi
