#BITCOIN weekly just closed with
a bullish hammer pattern 🔥
Pray for weekly to stay above $60k
for the reversal to play out.
BULLS ARE STILL IN CONTROL
The bull run hasn't even started yet, don't get shaken out!
In 2016, BTC had a 30%+ correction post-halving.
In 2020, BTC had a 20%+ correction post-halving.
Alts went parabolic a few months later.
🧵: Why I'm confident that alts will run very soon 👇
Sitting at a Nice entry now @egochainHQ
Some big things in the pipeline, one of the newest additions to my PF I’ve been accumulating $EGAX this last week
Picked up another tranche of $BTC call options.
This time with an August 30th expiry and 80k strike.
About the same cost as my previous July 26th expiry calls, this tranche will serve as insurance in case my timing is a bit off on those.
Ideally, both my July and August options end up profitable.
Used Bybit's options platform for this batch and it was a really smooth experience.
Countertrade me here: https://t.co/1ar38Z3PrB
A bounce across the board (assuming $BTC is finding its bottom here above 60k) makes sense.
Same short zone for DOGE, for other coins like LINK/SOL etc I'll just have to assess as the bounce progresses.
But yes, still interested in shorting the bounces on a number of alts when the time is right. On others, we simply long and hold tight.
Rotation time baby.