My opinion is that with recession fears making it through markets (stocks,etc)and showing itself in economic datas(unemployment rate going up slightly ,uninversion of yields,etc) eventually #BTC will drop
This is my opinion before we even see a pullback and for months ahead
🚨Next two weeks major #economic events for #usa
We have job claims in 7th december and unemployment rate in 8th
Alsofor next week we have cpi in 12 december and fed interest rate decision in 13th
#Total3 which represents altcoin market is now at resistance there is two scenarios
1:we break the 418B resistance and consolidate above the resistance and create a support base then we go to 450B
My #eth long position has been hitting my prediction and i am moving my take profit to 2324 and my new stop loss is at 2022 ( which even if it hit i will be still at profitable stage )
My mistakes cost me life-changing wealth last bull run.
I don't want the same to happen to you.
I genuinely believe that if you follow these lessons, it's almost impossible to mess up next cycle.
🧵: These 10 lessons will give you a massive advantage in the bull run.👇
@benjamincowen Dear ben i know this community is making you frustrated but among few people that judges you understand that there are a lot of people like me that admire you 🫶🏻and we are all so lucky that there are people like you in the cryptoverse
Keep on doing the same things we need u
I am going for another long position
And this prediction will fail if we go under 388b and trigger the stop loss untill that i will be in this new long position
These are some longs that i am entering for short term
And as you can see #total3 which is all crypto token’s except #bitcoin and #Ethererum has been making a support base in the last week and we can go to the next major resistance at 453 Billion
And my #Chainlink chart
🎯Note that: These are all short term positions and all of them have stop losses so even if i lose all the trades and markets dont go up i just loose few percent .
Be cautious and none of these are financial advice and you must DYOR
It’s simple we have a breakout failure in this upward channel and there is two scenarios
1) if the buyers keep this level(35-35,5 k) as a support we go up to 40-42 k ( i think this is a very optimistic prediction )