📣 The bear market has begun! Altseason is canceled!
I wish I could flip-flop like other crypto influencers, but I won’t.
😱 So, are you scared now? Need to change your diaper? Yeah, that’s exactly what the big guys wanted - the ones with influence over this market.
1️⃣ First, let’s take a look at the #Bitcoin chart:
I’ve displayed only this cycle (previous ones aren’t much different, trust me) so you can see the history of the last 2 years. I counted 7! identical scenarios with only minor differences.
🎢 As I always say - the market never moves in just one direction. There’s always an "Accumulation" (yellow) phase followed by "Manipulation" (red), and only then comes "Distribution" (green). You might know this as the PO3 strategy.
So, after every accumulation/consolidation, there was a liquidity grab, only after which the next growth phase began. 🚀
Why does this happen? So weak hands sell their positions cheaply, stop-losses and liquidity are collected, and fear is spread to keep others from boarding the rocket that will fly higher with fewer passengers. 🎫
2️⃣ The RSI has reached a strong oversold zone, dropping below 30 points for the first time since early August 2024, when BTC was trading below $50k. Reminder: in the following 5 months, it more than doubled in price. ✌️
3️⃣ The Fear and Greed Index is also crashing into the "Extreme Fear" zone, which perfectly reflects the current market sentiment. Yes, everyone’s scared, but these are the moments that provide the most profitable entry points.
In the past 2 years, BTC entered this zone 6 times, and all of them ended with a strong rally. "Buy when there’s blood on the streets." 🩸
🤔 Is this the end? I don’t believe so. In the absence of positive news from Trnmp, most people started dumping their assets. And here comes the second saying: "Buy the rumor, sell the news." Not otherwise...
I advised against buying BTC at $100k, and now you’re panic-selling your assets after just a -20% correction from the ATH. And scared to buy the dip. But there are countless metrics suggesting we haven’t even come close to the final stage of the bull market (not to mention altcoins, which have shown nothing over the past 2 years). 🤏
👀 We have several potential reversal points:
✔️ BTC CME GAP: $78k - $80.5k
✔️ Two FVGs:
82K - $85k and $71k - $75k
We could hit any of these, which would only benefit the U.S., who might finally decide to create a reserve fund and greedily accumulate positions at these levels.
Overall, this long post is here to show you the full picture and make it clear that nothing extraordinary is happening. It’s all the same as before, business as usual. 🤷
Those who know how to wait, buy on dips, and are mentally strong enough to withstand these hits will make big money very soon! 💯💰
I wish I could flip-flop like other crypto influencers, but I won’t.
😱 So, are you scared now? Need to change your diaper? Yeah, that’s exactly what the big guys wanted - the ones with influence over this market.
1️⃣ First, let’s take a look at the #Bitcoin chart:
I’ve displayed only this cycle (previous ones aren’t much different, trust me) so you can see the history of the last 2 years. I counted 7! identical scenarios with only minor differences.
🎢 As I always say - the market never moves in just one direction. There’s always an "Accumulation" (yellow) phase followed by "Manipulation" (red), and only then comes "Distribution" (green). You might know this as the PO3 strategy.
So, after every accumulation/consolidation, there was a liquidity grab, only after which the next growth phase began. 🚀
Why does this happen? So weak hands sell their positions cheaply, stop-losses and liquidity are collected, and fear is spread to keep others from boarding the rocket that will fly higher with fewer passengers. 🎫
2️⃣ The RSI has reached a strong oversold zone, dropping below 30 points for the first time since early August 2024, when BTC was trading below $50k. Reminder: in the following 5 months, it more than doubled in price. ✌️
3️⃣ The Fear and Greed Index is also crashing into the "Extreme Fear" zone, which perfectly reflects the current market sentiment. Yes, everyone’s scared, but these are the moments that provide the most profitable entry points.
In the past 2 years, BTC entered this zone 6 times, and all of them ended with a strong rally. "Buy when there’s blood on the streets." 🩸
🤔 Is this the end? I don’t believe so. In the absence of positive news from Trnmp, most people started dumping their assets. And here comes the second saying: "Buy the rumor, sell the news." Not otherwise...
I advised against buying BTC at $100k, and now you’re panic-selling your assets after just a -20% correction from the ATH. And scared to buy the dip. But there are countless metrics suggesting we haven’t even come close to the final stage of the bull market (not to mention altcoins, which have shown nothing over the past 2 years). 🤏
👀 We have several potential reversal points:
✔️ BTC CME GAP: $78k - $80.5k
✔️ Two FVGs:
82K - $85k and $71k - $75kWe could hit any of these, which would only benefit the U.S., who might finally decide to create a reserve fund and greedily accumulate positions at these levels.
Overall, this long post is here to show you the full picture and make it clear that nothing extraordinary is happening. It’s all the same as before, business as usual. 🤷
Those who know how to wait, buy on dips, and are mentally strong enough to withstand these hits will make big money very soon! 💯💰
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.