Here is an updated version to my latest Bitcoin chart.
We are bullish and we are going up! But before we go up we are going down!
We were expecting a correction for the doors to open for $100,000+.
The correction is finally here, it is gaining momentum... This is positive, after we go down we move back up; STRONGER!
Plan now what you will do for the next month. This will only be a correction period, another one, after the correction prices growth.
The Altcoins vs Bitcoin pairs will start to breakout strong. The market will be mixed but this is a positive. The growth we were seeing was heavy and not strong enough.
When we hit new highs, we want to see it going fast and strong, not just barely higher than the last peak.
Leveraged positions will be liquidated. Weak hands will be removed. Diamond hands will continue for the major peak price, for the real bull run.
We are here for the long-term... What about you?
What are your goals? What is your strategy? Will you hold long-term? Will you panic?
Bitcoin is here to stay. Buy & hold.
Namaste.
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We are likely to see a very strong drop. Maybe $10,000 minus in one candle. But it will recover afterward. It will be a strong shakeout, possibly.
After the correction we become stronger.
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Altcoins
Ethereum Prepares For Correction (30% Drop Possible)
Solana Prepares For Correction (~25% To Start)
Cardano Prepares For Correction (20% to 38%)
Binance Coin Prepares For Correction (25% Drop Ahead)
Dogecoin Shows Room To Move Lower (30% Drop Or More)
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