Alfonso Lazzarano
--
Bearish
#MarketPullback
The pullback isn't over yet, and even if $BTC moves higher, take a closer look at the chart.
Does anyone know what this candle represents? To me, it resembles a gravestone doji, though I’m no expert.
In my view, it's more evident that we’re at the top of the hill, with higher probabilities of a downturn rather than a significant rise.
For this reason, I’ve taken a small short position, and if the market moves slightly higher, I plan to increase my short.
If there’s another market crash, I want to be on the right side of the trade.
I also believe that #BTC’s long-term potential remains strong, and by March 2025, the market could rise again, as it typically does in cycles.
However, for now, I’m choosing to be cautious this month and avoid unnecessary risks during a possible crash.
The last two days have shown us a glimpse of what such a scenario could look like.
Personally, I’ve started accumulating altcoins with solid fundamentals. Prices are very low, and if they dip further, I’ll add more. I see strong potential for gains in the coming months.
This isn’t meant to scare anyone, nor is it financial advice. Always Do Your Own Research (DYOR).
Feel free to share your thoughts, insights, and research in the comments so we can all grow together.
If you found this post helpful, please like and share!
#Write2Earn! #BTC #ETH
The pullback isn't over yet, and even if $BTC moves higher, take a closer look at the chart.
Does anyone know what this candle represents? To me, it resembles a gravestone doji, though I’m no expert.
In my view, it's more evident that we’re at the top of the hill, with higher probabilities of a downturn rather than a significant rise.
For this reason, I’ve taken a small short position, and if the market moves slightly higher, I plan to increase my short.
If there’s another market crash, I want to be on the right side of the trade.
I also believe that #BTC’s long-term potential remains strong, and by March 2025, the market could rise again, as it typically does in cycles.
However, for now, I’m choosing to be cautious this month and avoid unnecessary risks during a possible crash.
The last two days have shown us a glimpse of what such a scenario could look like.
Personally, I’ve started accumulating altcoins with solid fundamentals. Prices are very low, and if they dip further, I’ll add more. I see strong potential for gains in the coming months.
This isn’t meant to scare anyone, nor is it financial advice. Always Do Your Own Research (DYOR).
Feel free to share your thoughts, insights, and research in the comments so we can all grow together.
If you found this post helpful, please like and share!
#Write2Earn! #BTC #ETH
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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