CryptoCapo TG

$BTC LTF view https://x.com/CryptoCapo_/status/2092291809388925088?s=20

$80k touched. Really looking like a short-term local top.

GM 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!

Have a good weekend.

$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.

$74k-75k is a strong resistance. We could expect a short-term retracement once that zone is reached.

$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

GM First the charts, then the news.

$BTC finally trading above $65k-66k. Good sign.

$XRP Long-term idea.

Trading, like life, is about transcending the ego. It's not about what YOU want. It's about what IS. Have a blessed Sunday.

$BTC Inverse H&S meme? Looking good.

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!

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) ​ partner.bybit.com/b/cryptocapo

​$BTC new attempt to reclaim $65k-66k. ​Let's see if this is the definitive one.

Something I realize more and more, with trading but also with life, is that not everything is under our control, and that more is not necessarily better. For example, I've been bullish since January/February, when price reached the expected main support zone of $60k-70k: [https://t.me/CryptoCapoTG/1344], [https://x.com/CryptoCapo_/status/2019434869001195948?s=20] Since then, 5 months have passed by, which is a lot of time. And price went up to 82k, then back down to 58k, and now trading at around 63k. During all this time, of course I've reviewed my analysis to see if something was wrong and if price could go lower from here. But, the more I checked, the more it confirmed the bullish bias. So... to what extent is it healthy to keep checking, to try to control every variable? In the end, the result is not up to us. Market analysis doesn't give you 100% probabilities, never. There are no guarantees. You can position yourself on the side of probability, and that's what matters. But even more important is knowing how to wait, to have patience. And overanalyzing, besides causing unnecessary stress, can make you change your mind simply because what you expect is not happening yet. The market could remain within a range for more weeks, or it could start going up from here. That's difficult to know. What you need to know is how to not let that affect you while you keep living your life, and how to adapt if something unexpected occurs. Therefore, the lesson here is trust, acceptance, and detachment. Trust because you've done your best. Acceptance to embrace the reality of the present moment and its timing. And detachment by understanding that the final outcome doesn't fully depend on you. That depends on something much bigger than us. And this applies to everything in life.

If this is really a triple bottom at $60k, since February, and all this time has been an accumulation range... can't imagine how strong the expansion will be. No bullish confirmations yet though. Game of patience. https://x.com/i/status/2070421032872079439

Solid demand here. It should form a higher low and resume the upwards move soon.

GM 🔼

$ETH / $BTC Looking good.