🔸Important :
- For this strategy use HTF (4h, 12h, 1D )
- Not every altcoin will follow the same pattern, there can be outliers.
- Always use proper risk management
- Never Go all in
This strategy works best when Bitcoin and the overall crypto market is in an uptrend.
Bitcoin spot ETF is finally approved.
What now ?
Trading of ETF will go live in Just few
hours. Pre-market Blackrock ETF is
up 25%
Institutions are not Degens, they will
not buy billions worth of BTC on day
one like we buy hyped up launches in
crypto and send shitcoins to 100x
with $2 billion volume.
Wallstreet and institutions will take its
time and will slowly start buying ETFs.
Over time we will see Billions flowing
into Bitcoin. So set your expectations
accordingly and don’t think ETF failed
coz BTC didn’t pump to $100k on day
one of ETF trading session.
More and more institutions will slowly
start investing in ETFs and over time it
send bitcoin to $100k - $200k+
Blackrock with $9 trillion dollar assets
didn’t launch Bitcoin ETF at $45k to
sell their BTC at $70k, These biggest
institutions have a long term targets
of $250k - $500k by 2030. Don’t get
Shaken out, hold tight.
BITCOIN IS GOING TO $250k+
Like and retweet if you found this post
helpful. I will try to do more of these
posts simplifying the big topics.
THOUGHTS ON THE MARKET -
Bitcoin price is hanging around $44k
because many are expecting the BTC
ETF by Jan 10th. if ETF gets approved,
we can see quick pump to $48k - $52k
If ETF gets rejected or delayed, we will
see a sudden Bitcoin dump to $38k or
even lower. Many applicants will sue
SEC like grayscale did and judge ruled
in grayscale’s favor. So we will get the
ETF approved eventually if not by 10th.
Altcoins are dumping hard because of
these two 2 main reasons
1) Many taking profit incase ETF gets
rejected and market goes to shit
2) Money is moving to BTC because
many feel ETF will get approved and
Bitcoin will pump hard
I’m bullish on the market going into
2024 - 2025. ETF will get approved
eventually, Bitcoin halving is coming,
Interest rate cuts and market 4 year
cycle says end of 2024 to mid 2025
is gonna be giga bullish for crypto.
New millionaires will be made in next
12 - 18 months. Hold tight and don’t
let any short term corrections shake
you out of the market.
You will become a first millionaire in
your family. Believe in yourself. Claim it
Hit Like and retweet if I should do this
market thoughts more often.
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@seth_fin@BitcoinMagazine@LuganoPlanB I don’t think
Lugano’s Plan ₿ is a joint initiative between the City of Lugano and Tether to accelerate the use of and leverage bitcoin technology as the foundation to transform the city’s financial infrastructure.
https://t.co/7o8TOx4ocC
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taking advantage of the situation
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