You already know the drill.
Since March, dumping into a fresh Monthly Open has been a bullish sign for $BTC.
Let’s see if this time is any different. We are forming a clear bearish narrative.
If you’re currently sidelined, my approach would be to deploy around 10% of your capital each week, gradually building to full exposure over the next couple of months.
Don’t be the person looking back 1-2 years from now with regret because you were too stubborn to pull the trigger, endlessly waiting for lower prices that may never come.
Imaginez, on fait une div baissière en daily comme en mars 2023, lors de la sortie du bear market sur BTC.
On fake la première correction, on décolle chercher le 2ᵉ top, puis boom, on chute, on récupère les FVG avant de repartir.
@crypto_futur Pour le coup je suis assez d’accord avec toi et surtout le principal, cela va contre sens de tout le monde. Je mets une pièce sur une hausse pour revenir plus bas plus fort donc finalement toucher les 45-55 d’ici novembre.
$BTC
The next key date to observe is September 1st.
As you already know, the monthly open is an important area and we usually see a lot of directional movement around this period, depending on the prevailing narrative.
If we’re dumping into September 1st over the next few days, look for a long around the monthly open, provided the structure supports it.
If we’re aggressively pumping into September 1st, look for a short, again only if the structure validates the setup.
$ETH: For the first time ever, ETH has a larger position size than BTC in my portfolio. In previous cycles, ETH represented only around 10% of my BTC and ETH portfolio. Last week, I increased it to 20%. Today, I am raising it to 60%. Read that again: for the first time in my entire trading history, I will hold more Ethereum than Bitcoin for this cycle.
For this cycle: 60% ETH and 40% BTC. The largest Ethereum bet I have ever made. Either this will become one of the greatest allocation decisions of my career or one of the craziest. I am betting on the first. The exact reason for this positioning, the report and idea will be shared in the right moment.
Todays ETH Price: $1950
Fear And Greed: (26) Fear
#Bitcoin – What's Next?
The Big Sunday Report: All We Need to Know
🚩 TA / LCA / Psychological Breakdown:
This is a small Sunday report and should give you more understanding of my point of view rather than an actual BTC analysis, it tells you why I am buying. Everyone Wants to Time the Exact Bottom. Many are talking about the strength in July and they mention it due to the midterms, and many, or let's say most, are arguing that in August and September the market will see a stronger correction to new lows. Some are speaking about 44k, others about 48k, and every single one of them wants to time the exact bottom. This is exactly the mistake I keep warning about. While they debate numbers, I consider the range of 64-54k as a great entry region for DCA. It is a range of 15%, and that is great. I will keep repeating it as many times as needed: I am actively accumulating Bitcoin, and my purchases are shared in real time in Premium. Every single purchase, every single DCA I do, is shared in real time in Premium, and for that reason I am not able to disclose my exact entries publicly. But the accumulation has started, and I am looking forward to accumulating more of BTC, ETH, and some altcoins that will be shared in Premium only. Join Premium here: https://t.co/oP8wCPuO9J
Look at the chart. The Buy Region between 54k and 64k is exactly where Bitcoin has been trading, and the MA200 weekly is running straight through the lower part of this zone. Bitcoin tested this region several times, and my argument is simple, and history can proof my point: Buying at , or close at the MA200 Weekly always proved to be profitable! This is the confluence I have been describing since the pivot announcement! So let me repeat, I am not buying daily, I am not buying at the current price, I am buying between 64-54k and each time I do so, the purchase is announced in real time in premium, and my goal is to have a solid average price of the next 1-2 months! This is a mid term accumulation game and we will see the results in 1-2 months!
I will be very straight with you:
Nobody can tell you where the exact Bitcoin bottom will be. Just as I did not claim to know the exact top, I identified the region where the top had to form. I started selling my assets and building my short position through DCA between 115,000 and 125,000. That was a range of roughly 9%. I did not need to catch the exact top, and while building shorts between 115-125k I had an average short entry of 119k! I needed to position myself inside the correct region, and that is exactly what I did. Now I am applying the same strategy in reverse. My accumulation range is between 64,000 and 54,000!
And let me make one thing clear: if Bitcoin bottoms around 54,000 and my long-term average ends up around 58,000, That is a phenomenal entry. People who constantly wait for the exact bottom usually end up buying much higher, or not buying at all. I am not here to gamble on one perfect number. I am here to dominate the range, build a powerful average entry, and position myself before the majority realizes the bottom is already behind us. Everyone who is ignoring this will lose.
Calendar This Week
FOMC meeting on Wednesday! Market prices a 65% chance of no change and a 35% chance of a rate HIKE. Think about that: the year started with everyone expecting cuts, now a third of the market bets on a hike, and September hike odds are above 80%. So the market is now really cautious and starts to price in at least 1 - 2 hikes! This is the reason why the Stock Market is currently slow, and Wedneday will give great insights on what the FED really thinks
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THIS IS NO FINANCIAL ADVICE BUT EDUCATIONAL CONTENT ONLY.
In 432 days, $BTC will be trading above 100K.
In 250 days, BTC will never trade in the 60K region again.
Bear markets never come close to the previous cycle’s lows. This is a generational buy.
All we have to do is wait for structure to shift & its go time.