In today article we will first discuss fundamental then technicals of $BTC . Also we will discuss which #Altcoins! We should buy for long term in this dip. Now let's start analyzing #BTC .
Fundamental Analysis:-
The most important fundamental Analysis that can effect #BTC☀️ price is Trump case hearing, that is going to held on 10 January just 10 days before trump presidency oath. Key points to be noted before this hearing are:-
Why market bleed 🩸 just 2 days before hearing? Answer is fear in market.
If decision comes against trump, trump will not be able to take oath on 20, January, definitely market will crash & BTC will drop below $80K.
Do you think 🤔 first wall street bet on trump and now they will wait for decision against Trump? In my perspective answer is no. Reason is very simple wall street never lose and decision will be out in favour of Trump.
If decision will be out against Trump then why market crashed before this case? You have to answer this question in comments after 4H I will right my decision in comment and pin 📌 it.
From all above points we can say that market will pump in next 3-4 days. More fear more bounce. If we look on charts they are showing a crazy dump like they will never bounce again. That will cause panic selling and whales will buy.
Technical Analysis:-
Look at $BTC 4H TF chart. Dropping crazy. Give respect to golden zone of Fib Tool by ranging for some time there. Due to of this struggle of BTC huge of amount of liquidity created most probability is that BTC drop to $94,800 region and bounced back. If it not happen and start again ranging in 1H TF then technical analysis will invalidate and we will analyze technical again.
In short words but at $94,800 and wait for bounce. Put s.l if BTC start ranging.
Altcoin You Should Buy:-
Personally if I want to buy altcoin for long term right now then I will buy:-
ONDO
AI
PHB
RUNE
INJ
ACA
SEI
ARKM
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