💰 BTC Plan February-March 2024 in my personal opinion:
1. BTC:
The market is growing well, many large funds are profitable in BTC (Microstrategy is currently profitable at $3.5 billion USD)
However, the market is in a "ticking bomb" state with high risk.
Need to be careful, manage capital and have good psychology. You should not "judge orders" when the market fluctuates strongly.
High possibility of correction, possibly to the 49,700 - 46,800 range.
Worst scenario: returns to 47,000, then recovers to 57,000.
You should take partial profits and watch for adjustments to buy.
Observe the signs of correction: + Bad candles on the H4 frame. + USDT is minted a lot. + Weak RSI. + Divergence on H4 frame.
2. BTC.D
Trend: Decreasing, showing that money is flowing into Altcoins.
Possibility: Altcoins may continue to grow in the near future.
3. Altcoins:
You should maintain your position, do not take profits on altcoins.
You can buy some potential altcoins like Gamefi and AI
📊 Strategy in the first quarter:
Focus on the cadence adjusted to Long. Respect the main trend which is Uptrend
If there is no entry yet, wait until the market adjusts.
Area 49,500 to area 46,500 (Note area 48,500)
Altcoins can be Long scalping