firstly congrats to whom followed our signal for shorting btc just before hours from the correction. (the link of our signal is left below this article in the related ideas section)
Right now it is already touch our target.
what for then?
okay the situation is not the best for bitcoin holders, we r getting lower !
a daily candle closed below 44000 support which is a bearish indicator.
we will be testing 38000 area then 31 area.
my prediction is that 31000 area will hold n bounce back for the whole market (BTC n alts ) will happen.
generally for alts, I wont sell nothing I gonna buy portion for alts now, n buy greedily when btc hold on support 38 or 31 thousands.
last thing I would like to say to support my point of view with,,,
most writers or technical annalists saying that this might be the end of the bull run or a small correction n alts will recover?
what I want say why we have to choose from them, maybe we r having both.
could this happen really ??!
let me tell u dear that this exactly what happened in the last bull run of 2017.
bitcoin halving happened on 2016 n the bull run started on Nov. 2016 n ended mostly on dec.2017 or Jan 2018
if u tried to check the ATH for most of the coins u gonna see that they had reached on Dec. 2017 not 2016 .
which means that we r about to end the bull run but we still have a last two or three bullish waves after this correction.
the bull run normally wont ever last less than 1 year from the bitcoin halving date !!
so if I am saying correct why this is happening ?
this is not cuz of btc failure , this cuz of external factors fucking with the market, the whales r so much calm compared with musk's shit. if musk hadn't done that the market had been going more properly than this.
for me, I think all of this correction for btc will ends on June.
on June all of coins will bounce if not in may.
stay calm n DONT PANIC SELL
Comment
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UPDATE GUYS !
if BTC managed to break 48600 then we go to 55k next, otherwise we will go lower.
Take a a look guys on alts price, after btc dropping all of this from 65k till 42k we can still see:- EOS +$10 Link +$38 Ada +$1.50 Xrp +$1.20 Etherum +$3000 Matic +$2 Crv +$3 Ltc +$300
What ending bull run we r talking about ?! !
We maybe at the middle or at the end but still will go higher for alts
My opinion to take advantage from these corrections right now after 3 months we will see the double of the price at least for alts
BTC-fire
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For people who r panic selling or r worried.. It's hard that u r watching ur wallet moving down without making nothing or by buying more n seeing ur money getting lower... But this is a way of emotional thinking Try to distract yourself just move on your mind beliefs not ur emotions If u belief that bull run ended then go sell If not so don't panic Emotions not good at all for traders cuz it will creates so much regrets
BTC-fire
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Look I get your point but I belive that this is not healthy correction at all. It is good for alts but I mean cuz it's fake it's not natural it's not by market itself its by someone called musk
Aziz1014
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@BTC-fire, Yeah, it is played by institutions invested in not by market. Cheers!
Aziz1014
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Totally right bro. This correction is healthier for btc and alt as well. The 5th wave will bring us to 87k if not a bit more. It is also a chance to grab some more btc and alts once completed. Thanks for sharing!
EOS +$10
Link +$38
Ada +$1.50
Xrp +$1.20
Etherum +$3000
Matic +$2
Crv +$3
Ltc +$300
What ending bull run we r talking about ?! !
We maybe at the middle or at the end but still will go higher for alts
My opinion to take advantage from these corrections right now after 3 months we will see the double of the price at least for alts