Everyone thinks there is a buying opportunity based on the decline in altcoins and does not look at the BTC reference. Bitcoin correction is still far above the desired level. My expectation is that another 20 percent decline is at the door. It is better to be careful. Spot purchases in alt coins can be considered. There is also a buying opportunity for BTC, which is very risky. You can check my previous posts.

Are you expecting a dump in bitcoin?

There are many things you need to know about the markets, the most important of which is the news... The news starts to come in the direction the market will move, so you should analyze the market correctly, not the news! I foresee the correction in bitcoin to continue, I do not expect good news for a while, at least up to 48-50 thousand #btcfutures

Weekly double top and retest clear image. Of course, there are situations where every formation will be invalid, but the dump seems close. This week is critical. The slanting trend may be a good long opportunity with horizontal support. #btcfutures

Do you look at the weekly charts? The entire market has completed the 5th wave weekly. I do not expect an increase unless bitcoin fib reaches 0.618 - 0.50. A long position between 48500-49000 may make sense. Choosing short transactions can cause problems in the future. #btcfutures

Do not trust the cryptos in the market, most of them are incredible giant deals with super projects, most of them will fly off, most of them are lies and traps! Most will be deleted. Transact with BTC 10x and your money will remain safe, doesn't it make sense? BTC cannot be deleted. #btcfutures

Flight news has increased, which means there will be a decline! #btc The table already signals this, it is a bit major, look, BTC still hasn't corrected it. If there is an interest rate cut in September, it means there will be a lower bottom. It is necessary to avoid risky transactions.

It seems that the double top has made its weekly retest. I expect BTC to reach $ 48500 in the new week.

If you don't know market cycles, forget about winning.