BTC DOM ; update ; macro repeat idea
BTC DOM ; update ; macro repeat idea
this is an update of the squiggle fest of an idea last time. which seems to be playing out well so far.
we had a big dom dump recently where CERTAIN alts pumped like crazy ie. ftm, avax, sol etc
IF this idea is sound AND ive got the positioning right, and we are indeed straight up repeating (pretty big ifs) THEN you should be all in BTC and it should continue running up for another week or two. At which point you will want to swap to stable coin, let BTC do a decent dump which will take the rest of the market down with it for 2-3 weeks...
THEN buy your fav ALTCOIN. sit back and let the final blow off happen where everything sky rockets. that should be about 3 weeks or so ending later DEC. obviously that is the point to abandon all ships and just turn it all off. maybe put a low lev large size short with stops on. :) THIS last bit, really is the hard part.
That would put BITCOIN at around the same price point as the 10th of OCT 2017 nowish on 12th OCT 2021 lol
to note;
- i see a lot of people saying wait till btc top tops then buy alts. historically that was incorrect, it was the drop at the launch pad of the final pump that you wanted to swap to alts. the major returns were found for those 3 weeks or so after that drop towards final top on btc.
- shit is gonna go down fast when it does so have a plan of some kind. if the bull is still here and this happens potential returns can be life changing with some alts. dont forget to pay yourself with something other than magic beans.
glhf
this is an update of the squiggle fest of an idea last time. which seems to be playing out well so far.
we had a big dom dump recently where CERTAIN alts pumped like crazy ie. ftm, avax, sol etc
IF this idea is sound AND ive got the positioning right, and we are indeed straight up repeating (pretty big ifs) THEN you should be all in BTC and it should continue running up for another week or two. At which point you will want to swap to stable coin, let BTC do a decent dump which will take the rest of the market down with it for 2-3 weeks...
THEN buy your fav ALTCOIN. sit back and let the final blow off happen where everything sky rockets. that should be about 3 weeks or so ending later DEC. obviously that is the point to abandon all ships and just turn it all off. maybe put a low lev large size short with stops on. :) THIS last bit, really is the hard part.
That would put BITCOIN at around the same price point as the 10th of OCT 2017 nowish on 12th OCT 2021 lol
to note;
- i see a lot of people saying wait till btc top tops then buy alts. historically that was incorrect, it was the drop at the launch pad of the final pump that you wanted to swap to alts. the major returns were found for those 3 weeks or so after that drop towards final top on btc.
- shit is gonna go down fast when it does so have a plan of some kind. if the bull is still here and this happens potential returns can be life changing with some alts. dont forget to pay yourself with something other than magic beans.
glhf
Comment:
first peak incoming
Comment:
this is playing out very well. we having alt relief here, prob as btc moves up less and chills a bit. then big btc soul sucking pump after that. ill update again then!
Trade active:
where the yellow arrow is
where the yellow arrow is
Comment:
wasnt yellow arrow position, was the top of the dom pump, now we are bottoming about to get big alt relief again.
