There are more than 70 days left until event #BitcoinHalving takes place. You should pay attention that BTC will have big adjustments before and after Halving.
Currently, the price of #BTC is fluctuating around the $42,000 ~ $43,000 mark, personally predicting that Bitcoin will have gradual and sideways adjustments around the $33,000 ~ $37,000 mark from now until the Bitcoin Halving event.
Advice : - With Holder, the market can Up Trend at the end of 2024 and 2025. There are still many opportunities to buy coins at good prices, so wait for #BTC to adjust strongly to around the $37,000 mark and then divide your capital to buy gradually, avoiding losing money. If you have a Fomo mentality, buying at this time is easy to eat bitter fruit.
For Swing Traders, you should enter a Short Bitcoin order with small leverage at the current price. TP: 40000, 37000, 33000$ STL: 46000$
The entire market is currently in a fake green after #Bitcoin had a recovery rally to the $42,500 zone.
Everyone should be very careful at this time to avoid the Fomo psychology of rushing into Long or buying Altcoins during this period.
In the coming week, it is very likely that #Bitcoin will continue to drop deeply to around $36,000 ~ $38,000.
Advice: For AE holders, wait for BTC to adjust deeply to below $35,000 before starting to divide capital to buy and accumulate #Altcoin . For AE traders, it is recommended to prioritize an order of #Short BTC X5 around the $42,500 zone, STL at $44,500, TP is up to you, try to avoid FOMOing into orders. #Long at this stage 🙏
For me #Cake is always a priority in the ecosystem #Defi
#Cake has reduced the total supply by 40% from 750 million to 450 million and the potential for Cake price could surpass the old #ATH by the end of 2024 - early 2025
The advice is to gradually accumulate #Cake from the current price, divide capital into parts and buy more continuously in case BTC adjusts downward in the near future.
Entry with Holder from dividing the buying capital evenly within the range of 1 - 3$, Entry with short-term Traders, you should buy after each BTC adjustment and take profits immediately after BTC recovers.
Wave #BTC has increased too rapidly in the past 3 months and this is the adjustment period to rebalance and prepare for the 2024 - 2025 Up Trend season.
Many ACEs are dreaming about Alt Ss and jumping into Buy and Long #Altcoin At this stage, it will be easy to become victims of the Fomo ETF wave, resulting in a new generation swing peak.
#Altcoin it will be very bloody if #BTC continues to adjust deeply.
Personal prediction #BTC is very easy to break the support zone around 40k and reach the 37 - 38k mark next week, most Altcoins will also follow the BTC wave.
Advice for long-term AE Holders is to wait for BTC to adjust to area 37 and then start dividing capital to buy gradually. For AE Traders, you should take your hand off the Long button and wait outside or watch for short-term BTC short-term points in the coming month. coming is the most suitable choice.
Wishing ACE a productive and profitable last month of the year 🥰
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