$BTC chance 1 year has 1?
After nearly 8 months of waiting, BTC has finally started the last phase of raising funds, and last night a new all-time high appeared, signaling a new extremely bright cycle for BTC in the coming months. Technically, BTC is currently in the final supply-demand testing zone (BU phase according to WICKOFF) before officially confirming the entry into an uptrend phase with extremely exhausted volume in the past 12 hours. However, compared to previous BU supply-demand testing phases before entering the price push cycle at the stages of February 26, 2024, or February 6, 2024, BTC still seems indecisive in confirming a strong price increase phase with large incoming volume. However, this price increase process has continuously surpassed the 75k peak and at one point touched the 76.4k range, indicating a small demand force that also caused the price to rise. Therefore, according to yesterday's strategy, we can start buying spot 25%-40% of BTC capital at the 75k price level to bet that BTC will confirm a phase with explosive volume like the two analysis stages above. When BTC starts to have outstanding explosive volume compared to previous time frames at the 76k range with the price starting to break out at 76.4k, we can bet an additional 25% of the remaining capital to ride a price push cycle of BTC.
If the scenario does not occur, we will continue to evaluate BTC's re-accumulation zone.
The strategy for altcoins is to begin deploying funds for altcoins with similar patterns to BTC in the phases of February 6, 2024, and February 26, 2024! Remember to manage risk during this uptrend season.