Hello friends.
After the recent increase in BTC to the region of nearly 65k, I think that in this segment, BTC will probably stay sideways for about 1-2 more weeks before starting to break this base to have a "healthy correction" before entering the bull. run of altcoins (Currently some altcoins have entered the rising wave first)
Current plan:
1/ For holders of $BTC: Sell off 1 part or more depending on your choice. Wait for $BTC to adjust to around 44-50k then start buying. (Remember that this is a correction that is always required for a long-term upward wave) Of course, if you choose to hold long and don't care about the market, you can ignore me. I hope to help you optimize your coins in this wave. In this part, the adjustment is very high
2/ For those who hold altcoins:
- If you have kept a bag of Altcoins with a good previous entry that has x2 or more, congratulations. At this point you are really comfortable in choosing your position. For me, if you have an extremely good position (buy from the bottom), then you should sell a part of this segment to optimize coins because the ability of BTC to adjust this segment is very high (it is possible that BTC will continue to increase but the rate will increase). lower - I follow the one with the highest rate, I optimize). Choose $BTC around 50k then start buying
- If you hold altcoins in a bad position. At this time, you should wait and prepare a new bag of money to catch more altcoins at the 45-50k segment to enter the real altseason wave of this segment. If your coins are x2 x3 at this time, then you will start to close down to optimize your coins
That is my opinion. And here is the image my PTKT provided
#Write2Eam #Halving2024#BTC#Downtrend