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⚠️$BTC faced the resistance at 70,500$, 200 day EMA resistance in 4hr chart.
If you’ve bought anything in last 36hrs and it’s in green mean take the profit. It may again go lower.
It may pump but protecting the capital is very important at this point.
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This market will test your patience for months your portfolio will be in RED
Market barely make any moves, struck in same place. No one can predict the bottom.
Suddenly, one coin will pump 100% don’t believe it will dump next day.
The best thing we can do is DCA whenever it dumps and try to small profits to keep running.
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As predicted, $BTC touched 69k
🔹 US job data is negative: AI taking jobs
🔹 Oil rising continuously: War
🔹 Trump and Iran is not ready to make a deal
🔹 Blackrock limits withdrawals, retails panic selling
Market is giving everything, except money
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$BTC cannot break the 74.5k resistance and dumped 4% yesterday.
Oil prices are spiking continuously shows there is still panic in the market.
Last week we didn’t see major movements because prices are already fixed. Everyone expected war will over in 2-3 days.
BUT, it has escalated and this weekend is worthy to watch.
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The war prices are already fixed in. We didn’t see any huge fluctuations because of that.
Yesterday, we had a good run. $BTC touched 74k.
74.5k area - 50 Day EMA is still having some resistance and SHORTS are building up there. We need the candle to above 74.5k region to see 84k, 89k targets.
Below 74.5k region, we still have some chance to see 69k, 67k targets.
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Isreal attacks Iran
Markets starting to dump, weekend low liquidity will have huge impact.
If US attacks Iran, that's big impact on market. We can't do anything but wait and see
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Every token is pumping 10% suddenly because BTC is hunting upside liquidity.
Upto 70k we’re seeing big liquidity. It can even go bit higher but with less volume it’s easy manipulate.
If alts are turning into green. Slowly sell them at each pump. Don’t wait for 2x
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Market is dead in volume. No one is using crypto products 😂
Many L2, Defi protocols, chains are drop dead. For example, in last 24hrs fees generated by few projects;
- Scroll: 560$
- Berachain: 75$
- Sei: 300$
- Aptos: 600$
- Avalanche: 3.7k$
Many projects are closing down recently. Don’t buy newly listing coins. 95% scammers only.
Check out for real users and demand before buying any alts. There is decent liquidity in prediction market. Try to bet on something.
Keep your money in hardware wallet
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There is no volume in the market. $BTC will stay here for few weeks. If, breakdown below 200 week EMA it can even get worse and goes upto 55k-60k region.
If we got lucky and saw pump $BTC going 94k I'm selling everything.
Current scenario is to hold in loss, If it goes even lower DCA or portfolio will bleed heavily.
$BTC can test our patience and make a move after 2-3months or it can make a move like last week. Any moves trade for short-term don't hold a coin for longtime.
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RENDER - 14%
SOL - 10%
LTC - 8%
After a week, I'm seeing some green.
I didn't bought the exact bottoms but I tried some decent DCA and updated here also.
Seeing this immediate pump, I'm not FOMO buying anything. Just oberserving.
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60,000$
RENDER, LTC, SOL are Dca'ed. Portfolio is in🩸
I tried to buy $HYPE placed many orders. It's not even reacting to this market and pumping. The only chart that is green in weekly candle.
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In the past 24 hours, the total liquidations comes in at $1.39 billion.
From now on, the selling is not because Fundamental and Technical Analysis.
1) People have lost faith in crypto and leaving the market.
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If you believe in crypto you can buy something here 🥹
If not, protect your capital
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Bitget is temporarily pausing new user registrations in India to align with local regulatory requirements.
Bitget is registering under FIU soon. Follwed by Binance, ByBit, Mexc. You know what to do
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If you observed yesterday, BTC falls 7% in normal days altcoins will bleed dump like 10%-20%
Yesterday there is no big dumps in alts. I bought some RENDER, LTC, SOL. It just pumped like 2%-3% now
I don’t know how $BTC will move in future. It it pumps, I will sell all alts when btc touches 88k
If btc dumps -> 69k-60k I will buy alts again slowly.
I’m playing with small amounts only and only spots.
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The market situation is highly unpredictable. Lots of macro events affecting the market.
Don’t use high leverage. It can liquidate anytime. Try to slowly accumulate in SPOT
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Must read article to know about CZ, Binance, ASTER
Link: https://x.com/StrongHedge/status/2014704509172211730
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