DrPhil_DeCrypto
Market dumps again while I was busy with my second trip, LOL. It seems the market is trying to keep me from selling, hahaha. My target of 48k+ was hit perfectly and market dumped as expected. However, I am seeing some positive signs in the market. Very encouraging!…
This analysis seems correct. This bull is behaving a little differently. Corrections seems to have gotten shallow. Nice BTC and ETH chart. Glad I didn't sell.
Forwarded from Crypto World News
Bitcoin Exchange-Traded Funds (ETFs) have been making significant waves in the Bitcoin market, surpassing even MicroStrategy Bitcoin holdings. The new bitcoin investment vehicles have effectively surpassed MicroStrategy’s 3-year stacking spree in less than a month. In recent weeks, spot Bitcoin ETFs have seen a surge in popularity, attracting billions of dollars from investors seeking exposure to bitcoin without the hassle of directly purchasing and storing the digital asset.
Source
@CryptoWorldNews
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New term: Internet of Value (IOV) coined by Blackrock. You all heard of "Internet of Things (IOT). Here comes BITCOIN, the "Internet of Value" (IOV) ❤️🔥🔥🔥🔥
Forwarded from Wallstreet Queen Official®
NEW: #Bitcoin is now the 10th largest asset in the world by market capitalization, surpassing giants such as JPMorgan, Berkshire Hathaway, Tesla, and Visa 🙌👀
Amidst hype and greed u take profit! Sloooooowly though. NFA!
NB: Just a quick access to the network. Not done proper market analysis for 2 months.
NB: Just a quick access to the network. Not done proper market analysis for 2 months.
DrPhil_DeCrypto
Amidst hype and greed u take profit! Sloooooowly though. NFA! NB: Just a quick access to the network. Not done proper market analysis for 2 months.
If u bought BTC, ETH, SOL, and RUNE with me at the very lows of the bear market, then you are some insane percentages ahead of the FOMO mob atm.
Hi all,
The BTC halving narrative is in full force, thus BTC is mooning atm. Exciting times!
This is likely going to carry the rest of the coins with it, particularly ETH will likely reclaim its former ATH after a pause in BTC uptrend.
It is vital to note this bull trend is behaving a little differently to the previous bulls largely due to the approval of the ETFs. It is noteworthy to see BTC reclaim and may likely exceed the previous ATH before the halving has occurred. The new ATH is usually after the halving. This is all exciting but also gives some credence to the left translated cycle theory. However, this is all too early to call.
My game plan:
1. I am not going to approach this market with a fear of potential correction, or the fear of a possible left translated cycle.
2. I will simply take profit whenever I feel a certain price range is achieved. I.e. When BTC and ETH hit a new ATH, I may sell 20% of my position, and another 30% if the price is too extended. The reason for this is to remove the edge and that little tingling thought that a major correction may occur pre or post halving.
3. If a major correction happens, and I have spare cash, I will simply buy more BTC, SOL, & ETH as this bull run is setting up to be a significant one.
Now, a left translated cycle may occur if BTC decides to go parabolic now, i.e. hitting $130k-150k over the next 2-3 months. If this occurs, I will respond accordingly, otherwise, be ready for the biggest bull market yet.
The BTC halving narrative is in full force, thus BTC is mooning atm. Exciting times!
This is likely going to carry the rest of the coins with it, particularly ETH will likely reclaim its former ATH after a pause in BTC uptrend.
It is vital to note this bull trend is behaving a little differently to the previous bulls largely due to the approval of the ETFs. It is noteworthy to see BTC reclaim and may likely exceed the previous ATH before the halving has occurred. The new ATH is usually after the halving. This is all exciting but also gives some credence to the left translated cycle theory. However, this is all too early to call.
My game plan:
1. I am not going to approach this market with a fear of potential correction, or the fear of a possible left translated cycle.
2. I will simply take profit whenever I feel a certain price range is achieved. I.e. When BTC and ETH hit a new ATH, I may sell 20% of my position, and another 30% if the price is too extended. The reason for this is to remove the edge and that little tingling thought that a major correction may occur pre or post halving.
3. If a major correction happens, and I have spare cash, I will simply buy more BTC, SOL, & ETH as this bull run is setting up to be a significant one.
Now, a left translated cycle may occur if BTC decides to go parabolic now, i.e. hitting $130k-150k over the next 2-3 months. If this occurs, I will respond accordingly, otherwise, be ready for the biggest bull market yet.
Forwarded from Trust Wallet - Announcements (Elvira)
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🔥 Bitcoin $BTC just hit new all-time high, $69,000.
what a day to be alive.
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what a day to be alive.
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However, it got rejected straight away. Now trading at 65.3k. Will see how things pan out over the next few days.
A decisive pause in BTC uptrend could lead to a strong rotation to ETH and other alts. I sold some BTC at 68K, but I feel like I shouldn't touch ETH yet. If I'm wrong about not selling ETH rn, then it is ok because the rest of the bull market is still ahead of me. Any significant (20-30%) correction at this point is to be expected and respected. It's been a great run so far. We gotta give some back to the god/s of the market, LOL 😆 😂 🤣
Approach this bull with a good strategy, not a knee-jerk response to fear or short-term price movements.
Approach this bull with a good strategy, not a knee-jerk response to fear or short-term price movements.
DrPhil_DeCrypto
A decisive pause in BTC uptrend could lead to a strong rotation to ETH and other alts. I sold some BTC at 68K, but I feel like I shouldn't touch ETH yet. If I'm wrong about not selling ETH rn, then it is ok because the rest of the bull market is still ahead…
Seems to be playing out perfectly. Beware of potential correction pre-halving, however, great ETH and alts move over the last few days.
DrPhil_DeCrypto
https://twitter.com/DrPhil_DeCrypto/status/1769472543621083585?s=19
A little birdie told me this may print. If you are playing on SOL network then please DYOR and take a smol position.
DrPhil_DeCrypto
A little birdie told me this may print. If you are playing on SOL network then please DYOR and take a smol position.
You bunch of apes, LOL. I said smol position. Anyways, if you took position, remember to take profit/initials accordingly.