As expected, $LTO did a perfect bounce of that teal main uptrend. Now we need $BTC to win this 100k level. Otherwise we might see a corrective week across the board.

My bias is still hopeful and bullish. We are sitting at a critical level though.

$BTC weekly update:
We had an insane run but have struggled to break 100k for three weeks now.

I don‘t say we have the cycle top in, but I feel like we will see another retest. Maybe even of 90k

The last 2 daily candles are reinforcing the thesis of another dip.

I think we won‘t reach ATH on altcoins before Christmas time, hence I still generally remain bullish. If you are giga scared, I think there are worse timings to take some profit. I will personally wait another 3 weeks before considering any profit taking. I am aware of the risks tho.

This cautiousness changes, when we break 100k properly, pump up and bounce right of 100k on a dip. This is the confirmation for the next leg across the board.

7 years ago, we still had 3 weeks left until BTC topped out

FUN FACT: 7 years ago today, Bitcoin reached an all-time high of $15,000 for the first time.

@WatcherGuru

Never judge a book by its cover. Nice pump on the end of the week. 4 min left for the daily and weekly close and bulls are working on a bullish closing. I like

It is always interesting to see that.

FYI: the weekly close is a neutral time (same for everyone in the world), as the vast majority has the same time zone set up (I think it is UTC)

To print better daily and weekly candles, people manipulate the closing hour to print bullish or bearish candles.

I am very sure that the buys yesterday at closing were pure manipulation to close above 100k.
Thats why the immediate dump afterwards because the pump was artificial.
Still good to keep the chart bullish but we ain‘t out of the danger zone, yet.

Well, not happy about it but I actually called this dip yesterday. Was my first day after this whole bullrun starting to feel bearish and we finally had our first correction across the board on all alts.

As previous stated tho, I held all of my positions because a run up like this usually does not end with 1 major correction.

I think we have 1, maximum two more before we top.

How far are they going? Are they coming? Time and the market will tell. I‘ll keep you updated 🤝

As I told you a few days ago: place your low bids on major supports.
One coin I missed out on buying in the past months is $QUICK of quickswap.

Quickswap is the uniswap of Polygon. Same like Trader $JOE of matic.

Polygon has underperformed so far. I am pretty sure it will have its moment. This is when $QUICK should see a major pump. I got a small moonbag here

I am busy as hell for a couple of days. I will try to keep you updated as possible but I won‘t be as fast as normal

Oh yeah, this dip might be over but a retest of 90k is also possible to close the previous wick.

If we do this, I will put in my last buys.

$AIOZ

One of the few altcoins that could still make new highs if the dark zone holds.

I've bought some here at $1.05. Small exposure.

Ahhhh, Capo started buying. This is the reason. This dude is even worse than Cramer. Unbelievable

Btw, nothing is garuanteed. We can literally have topped here. I personally don‘t think so but always be comfortable in your position no matter the outcome. You must do your own risk assessmemt for yourself and live with consequences. No matter if you lose it all or if you miss out.

Both ways, you should prepare for each situation and know for yourself, which one you can live with.

I can assure you one thing: BTC and alts will go heavily up or down. You have to live with the consequences.

Alts retesting the lows.
I think a double bottom is very likely. Maybe a small dip below the dump lows.

BTC needs to stop dumping and we should bottom sooon

Green across the board 🤝

Back at it again!

🟢 #BTC Liquidated Short: $222K at $100370.20