Bitcoin 1D Chat Analysis
Historically after making local top, 
BTC starting to slow down and there is a significant retracement, we could see 15 ~ 30% correction during that time, also at that point, altcoins started accumulating
When #Bitcoin found its bottom and starting to recovery, this is the begin of altseason where altcoins outperform #BTC and giving bullish confirmations
Our plans so far (not confirmed yet)
-- Add strong utility altcoins at current support (with low exposure and lower than 5% of total balance)
-- Increasing our positions to entire the market at critical support, we will probably chase trending narrative, and started accumulating more altcoins with strong FA & TA (higher than 30% of total balance)
-- If we get "worse case" when bitcoin dipped at $80,000, we will probably increasing portfolio to 50% - 60% exposure to the market (dollar-cost-average all the tokens we bought)
Current support at $98,000
Critical support at $90,500 & $85,000
Worse; $80,000
BTC starting to slow down and there is a significant retracement, we could see 15 ~ 30% correction during that time, also at that point, altcoins started accumulatingWhen #Bitcoin found its bottom and starting to recovery, this is the begin of altseason where altcoins outperform #BTC and giving bullish confirmations
Our plans so far (not confirmed yet)
-- Add strong utility altcoins at current support (with low exposure and lower than 5% of total balance)
-- Increasing our positions to entire the market at critical support, we will probably chase trending narrative, and started accumulating more altcoins with strong FA & TA (higher than 30% of total balance)
-- If we get "worse case" when bitcoin dipped at $80,000, we will probably increasing portfolio to 50% - 60% exposure to the market (dollar-cost-average all the tokens we bought)
Current support at $98,000
Critical support at $90,500 & $85,000
Worse; $80,000
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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.