Take it easy.
The markets are back to their previous levels and nothing has changed on #Altcoins.
The year 2025 is going to be a great year for crypto holders.
Wouldn't be surprised if $ETH / $BTC breaks through 0.04 in January.
Inflow in $ETH, outflow in $BTC.
Consolidation in Bitcoin --> #Altcoin run in Ethereum ecosystem.
Boo Hoo Boo Hoo: BITCOIN CRY BABIES crying about Bitcoin prices dropping down. Rather than say “Thank you” and buying more “Bitcoins”…..cry babies cry. Buy buy buy not cry cry cry. Be grateful Grow up and buy more BC
I've got strong conviction in my thesis surrounding my #Altcoin strategy.
Even though I've been down 70% on my crypto portfolio, the fundamental aspects haven't changed.
They are significantly undervalued, irrationally, and will be outperforming in 2025.
Trading Tip;
How to trade Breakouts!
This is Very important since we're in a Bull market and many coins are breaking out.
Breakouts are a popular trading strategy, but entering at the right time is crucial. I’ve lost money by entering too early or too late, so here are some tips.
A breakout happens when the price moves outside a pattern. For confirmation, wait for the price to close outside the pattern, as the initial move could reverse.
In some cases, like bull flags, you can enter early, but it’s riskier. It’s better to wait for confirmation and enter when the price is near the trendline or after a retest at key levels.
For fast-moving prices, especially during news-driven pumps, set bids at the 0.382 Fib level as the price retraces, with a stop loss below 0.618. Alternatively, enter at the breakout and set a stop loss just below the trendline.
Your stop loss affects your position size. For example, if your stop loss is 2% below, you can size your position 10 times larger than if it’s 20% below, while maintaining the same risk.
Hope this helps you make better trading decisions! Good luck!
None of you are going to get rich by following an influencer or reading articles.
Find a tool you think is logical for trading. Google all about it. Back test it. Then try it 1000 times, live, on a live market.
There is no other way and I know this isn't an easy way.
Nothing that'll make you rich is easy.
It's still undecided on what #Bitcoin is going to do here, however, there might be a potential bearish divergence.
To continue moving upwards: $102K needs to break.
If that breaks --> $110-120K next.
If we correct --> flash crash on #Altcoins and altseason after.
The rainbow chart is such a good visualizer of what's to come.
The price of #Bitcoin shouldn't be a new ATH here, as the previous cycle should have gone way higher.
As I expect this cycle to take longer, the valuation is still relatively low compared to what's to come.