While Bitcoin seems to be moving sideways, Altcoins are showing some promising momentum.
I am spot-long on both Altcoins and BTC.
However, I'm playing it safe and waiting for confirmation on the Weekly chart before making any major moves.
BTC needs to break that $44k resistance to hit
48K
which is my final target in the short term.
The current weekly candle is very important so be patient and stay cautious.
I am spot-long on both Altcoins and BTC.
However, I'm playing it safe and waiting for confirmation on the Weekly chart before making any major moves.
BTC needs to break that $44k resistance to hit
48K
which is my final target in the short term. The current weekly candle is very important so be patient and stay cautious.
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#Bitcoin : S2 has been hit, and we're still stuck below $44k. We will get confirmation on the weekly close. Though this is all speculation, I've said it before: focus on altcoins because they're going to be the biggest winners for the next two years, only if your timing is good enough.
For BTC, I expect the price to hit the $44k level before the weekly close to trap most of the late longs before further correction.
Just to clarify, this is based on my experience, charts, fractals, and technical indicators, so please DYOR. This is not financial advice.
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#Crypto