Ordinals: Full AnalysisThis pair/project is always very interesting to me as I love everything Bitcoin. It is just intriguing...
Ordinals (ORDIUSDT) went through a full correction. The growth period preceding it was just awesome with a massive 3,317% growth from bottom to top. The correction that followed removed 90% of all these gains. The low happened below the 0.786 Fib. retracement level and lasted 336 days or 11 months, assuming it already ended with the last low.
There you have a full cycle.
A bullish impulse followed by a long-term correction.
After this long-term correction, a new cycle can develop.
The next move is a bullish move, a bullish wave, a bullish trend. Higher highs and higher lows; long-term growth.
The correction ended as a higher low compared to the bottom that was hit in 2023. This higher low in 2025 tells us that there is potential for a new All-Time High when the current bull-market that is now starting fully develops.
This new ATH can reach as high as $252 if the bull-market develops in a normal and standard way. It can also go higher but our concern right now is with a great entry price and great entry timing. This we have for sure.
How to approach this pair?
This is the easiest part right now. This is the best part.
Buy and hold. We are now in the accumulation phase and accumulation zone.
For the next few days, weeks or months, for as long as it takes for the market to break bullish and move up; that's the buy and hold zone. Once the action starts to happen, we just enjoy the ride and plan an exit strategy: When to take profits and by how much?
Growth potential is huge.
I am wishing you the best.
Thanks a lot for your continued support.
Feel free to message me if you have any questions.
Namaste.
