Happy new month fam, welcome to the month of September.
Historically, September is a bloodbath month for crypto but the situation isn't always the same if last year September is anything to go by.
The plan for this month is simple, stay active and keep yourself in the game.
It is a start of a new week and $BTC is still trading at the $77k-$79K range. A perfect spot for consolidation before the next move.
What comes after this consolidation? Are we going to see a breakout upwards where Bitcoin finally breaks through the $82K resistance level.
You can lose it all in an up only season if you allow the euphoria of the bull market to cloud your judgement.
Set out clear plans of what you want to achieve, stick to those plans and take profit aggressively.
A missed target is always a recipe for disaster. Stay focused 🧠👈.
$BTC is currently sitting in the $77k–$78k range after failing to hold above $80k–$81k on the back of Warsh’s hawkish Jackson Hole comments.
The market showed real strength earlier in the week with multiple green days and strong ETF inflows. But currently in the red.
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The week's Market Update. A🧵
Bitcoin just came off its biggest weekly dollar gain ever last week (that's $14k+ pump from the low $60ks).
This week it pushed into the $81k zone before cooling off.
Sentiment is improving but the real question is, where do we go from here?
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When you get the opportunity to be early in a coin,
Make sure to build your own conviction so no one FUDs you out.
There will be so many opportunities across the market but just one convictional play, with the right size will be the game changer.
Always stick to the plan.
The market held up perfectly through the low volume weekend.
Bitcoin is above $77K and $ETH still maintains it's price above $2400, a key price level for Ethereum.
Here comes a new week, what are your expectations for the market this week?
May the odds be in our favor 🤲.
Bitcoin is now trading above the $80K psychological point.
What does this mean to the market? It simply means that, the market is showing a strong strength of reversal
It equally shows an improvement in sentiment.
We will soon have so many charts go vertical.
Stay locked in.
The market continues to show it's strength.
If a green candle holds up for a good number of days, that's not a dead cat bounce, it's strength
That's the market telling you ahead of time that the conditions have improved hence the need to level up
Stay focused 🧠👈.
Can this pump be sustained? One may ask, what I will say is, pay attention to the relative strength of the market.
This helps you tell if this time is different,
There are usually upward price movements in every bear market that ends in sudden crushes.
I see strength here.
The total crypto market cap hovers around $2.5 - $2.6T with:
◼️$ETH reaching $2500+
◼️$SOL hitting $102
◼️$BNB as well rose to $726
◼️$XRP equally hitting $1.69
The entire market is green currently which goes to confirm the recent strength of the crypto market.
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A Quick Market Update a 🧵
Bitcoin is holding strong above $77K after hitting a multi-month high of $79.5K
And printing 5 green daily candle which signifies the strength of Bitcoin the last 5 days as well as the entire crypto market.
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The $BTC Pump today clearly shows the need to have a dry powder always.
This also goes to prove that there's a lot of people with dry powder waiting to enter the market.
Has Bitcoin finally bottomed?
Most people do not lose money in crypto because they picked the wrong coin, it's simply because they ignore risk management.
Stop celebrating unrealized gains instead press that button to take profits. No one goes broke by taking profit
Secure the bag over taking screenshots.