il Capo Of Crypto
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#Crypto analyst - Swing Trader - Long term investor | Crypte since Feb 2017 | Not financial advice, DYOR | Beware of scammers Contact Admin: @ilCapoofcryptoofficial
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9 969
Important reminder:
I received the message in the screenshot today.
Telegram sometimes shows random Ads here, not related to my content. I don't control them.
I don't have any paid groups for now.
So if you see an ad for a "premium channel" or a "VIP group", it is NOT mine.
Have a good weekend.
9 969
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9 969
I still expect a short-term correction (shakeout) of 5%-20%, depending on the coin.
Not ruling out a last LTF leg up towards $80k, but many altcoins are hitting resistance and sentiment is getting way too overheated.
Once again, I'm not selling. In fact, I'll be looking to add to my spot bags if that shakeout happens.
Let's have a great week!
9 969
+1
$BTC
$74k-75k zone reached ✅
I think this is where we see a short-term correction, maybe towards $69k-70k. Then after that retracement, altcoins should really start outperforming (not only ETH like now, but many others)
This current short-term move is very overextended, this is a strong resistance, and emotions are peaking.
Important:
I'm not turning bearish. I'm mainly bullish for the next few weeks and just riding the entire wave holding a spot portfolio.
These short-term retracements are likely going to be distractions, but it's important to keep them in mind so we are mentally prepared.
9 969
$74k-75k is a strong resistance.
We could expect a short-term retracement once that zone is reached.
9 969
$BTC
First bullish confirmation ✅
Not ruling out a retest of $66k-67k as support, but it might not even happen and just keep making new HHs and HLs above that zone.
https://x.com/CryptoCapo_/status/2090338326058287374?s=20
9 969
Trading, like life, is about transcending the ego.
It's not about what YOU want. It's about what IS.
Have a blessed Sunday.
9 969
Also, I'll likely start a DCA challenge on Bybit soon, just to show the importance of having a plan and sticking to it. The idea would be to pick one of the coins we've discussed over these months and execute daily buys for a few weeks.
Just a reminder: I won't shill leverage or compromise the quality of my content because of this deal.
Since it's holiday season, I've been taking things a bit slower lately, traveling, disconnecting, and recharging to get more motivation, ideas and direction. I'll be posting more frequently again very soon.
Have a good weekend!
9 969
Reposting here the still active launch campaign of my deal with Bybit, just in case you missed it:
• $10,000 USDT giveaway (200 users get $50 each)
• 10% discount on trading fees
• Up to $30,000 USDT in rewards
To participate, just create an account using my link and deposit a minimum of $100 (any asset)
9 969
$BTC new attempt to reclaim $65k-66k.
Let's see if this is the definitive one.
