I don't often post bitcoin updates, not because I don't have anything to say, but because I understand what phase of the market we are in.
This phase as I said earlier in the posts is called distribution which will last until September 2025. After that I am expecting a correction of 50%+ from the put peak. I have already made an assumption what reversal formation we will make.
Locally, it's January 11, 2025. It is the beginning of the year, the market has already played Trump's presidency and as a classic “buy on rumors, sell on facts” the inauguration will be very soon, and I think the market will react down in a week. But after the positive news will continue, but we are unlikely to see in this cycle 200k for 1 bitcoin, but for me it will be a surprise. There will be a lot of talk about bitcoin. At the end of the year there should be euphoria with the new head of SEC pouring honey in the ears of crypto holders.
I'm not listening to anyone, I'm moving forward with my plan. If you're reading me, there hasn't been a post in this series in a long time that I've changed my point of view. I've actually started trading less cryptocurrency, it's now position trades on cycles. And it got a little boring. So I've tapped into the traditional markets. And I'm more actively focused on them. If you're interested in any question, ask in the comments.
Best regards EXCAVO
İşlem aktif
ok I see
The most popular question about alt-season
Wait for the next post
İşlem kapandı: hedefe ulaştı
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I post about altcoin season
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If we break up, I will be surprised
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Hello world
I'm surprised and it really does look like we've fixed above.
But today will put things in perspective.
TRUMP and MELANIA tokens have been launched over the last few days.
And already with multi-billion dollar capitalizations.
Many are wondering if this is perhaps the beginning and recovery of the altcoin market?
The answer is that this is a good signal especially for memcoins.
New money is in the market.
In the long term of course it is good, in the short term, we will have a volatile few days.
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