​​💎BTC/USDT🌴FREE UPDATE🌴

Is The Choppy Market Coming To An End⁉️

- Yello ladies and gentlemen🍸😎

💎Our bias has not changed yet, we did not have a close above the resistance at $53k, and Bitcoin continues to range in the zone $42k-$53k bearishly.

💎BTC was able to break above the triangle since our last FREE update, but it was just another fakeout to trap greedy bulls and got rejected from our local resistance once again.

💎We still believe that Bitcoin will not break through the resistance at 53k and continue higher without grabbing the liquidity deep inside our strong support zone first. Bitcoin is a rocket, and it just needs more fuel to fly higher.

💎As shown in the chart below, another daily close below local support will increase the probability of continuing into our strong support zone towards $42k. Our Mid-Term bias remains bullish, and if we start building a many days base at our local support, we may be able to break the 53k resistance without revisiting the strong support zone first, but this scenario is significantly less likely right now, and it's wise to be prepared for another sell-off.

💎Big players are still on Christmas break, so the market is hazardous as it lacks volume and the ranging environment continues with a lot of wicks, fakeouts, and unstable ranging price action. Hence it's still the best idea to be more defensive with your trading, not actively participate in this and patiently wait for the volume to get back in January next year. Once that happens, it's a great idea to start trading aggressively right from the beginning to have the edge again.

How to deal with this Price Action if you are a daily trader?

🔑Because the general sentiment is usually worst at the supports and best at the resistances, it might be worth applying these range trading strategies:

1) Inside Range Trading - buy range lows, sell range highs
2) Outside Range Trading - buy breakout retest, sell breakdown retest
3) Do not trade the Range at all.

💎Range bound is mostly about waiting as the market takes a breath. It's always worth utilizing this opportunity to learn more and educate yourself; if you are not learning in ParadiseFamilyVIP yet, you can check our blog or read some great trading books for example.

MyCryptoParadise.com
iFeel the success🌴

🎊FREE INSIGHT🎊

- Yello ladies and gents🍾🍾😎

🎆There are many reasons why we stay Mid-Term bullish and understand the December Price Action as an accumulation and opportunity, rather than distribution before a bear market. One of the reasons is Bitcoin's relationship to the VIX index.

🎆It suggests that BTC clearly behaves like a risk-on asset in the short run. This trend emerged post-COVID and accelerated in 2021.

🎆Looking at the current market situation, there is a high probability that everything stays intact, and we will see a continuation in 2022.

🎆In that case, we can expect to see BTC reaching new All-Time Highs easily🚀

MyCryptoParadise.com
iFeel the success🌴

🎊Happy New Year🎊

🎇The ParadiseTeam wishes you a happy New year, ladies and gentlemen 🥳🥂

🎆2021 was an extraordinary year for crypto and everyone following MyCryptoParadise along the way.

🎇Remember that before BTC reached the current price levels, It suffered many crashes during its journey.

🎆We believe you learnt to survive first, earn later. New opportunities are waiting for you.

3) Ignore Fear&Greed emotions.
6) Control your portfolio management properly.
9) We are going to make even more money next year.

🎇We are grateful for your love of our work and excited by what we can do for you in 2022. Thank you – and have a fabulous New Year!✨

P.S. Binance released a nice feature for the end of the year, and you can take a look at your cumulative profit.

Check It Out👉https://www.binance.com/en/activity/your-crypto-journey-2021

Your ParadiseTeam🌴

🎊FREE INSIGHT🎊

- Yello ladies and gents🍾🍾😎

🎆There are many reasons why we stay Mid-Term bullish and understand the December Price Action as an accumulation and opportunity, rather than distribution before a bear market. One of the reasons is Bitcoin's relationship to the VIX index.

🎆It suggests that BTC clearly behaves like a risk-on asset in the short run. This trend emerged post-COVID and accelerated in 2021.

🎆Looking at the current market situation, there is a high probability that everything stays intact, and we will see a continuation in 2022.

🎆In that case, we can expect to see BTC reaching new All-Time Highs easily🚀

MyCryptoParadise.com
iFeel the success🌴

​​💎BTC/USDT🌴FREE UPDATE🌴

Are You Scared⁉️

- Yello ladies and gents🚬😎🥃

💎Exactly as the ParadiseTeam anticipated since December 6, we are finally retesting the lows at the $42k support again.

💎A few days ago, we closed the daily we been talking about previously, below the local support (now flipped into resistance), which worked as a confirmation that we are really going to dump towards $42k, and as we said in the previous FREE Update (December 30), "Bitcoin is a rocket, and it just needs more fuel to fly higher" It is doing exactly that and just getting tanked before the next launch, so this move down was inevitable.

💎Suddenly, not everyone will be on-board at the time of launch; it is because most people can not think individually, but they act in herds. Keep in mind, that we can have a few more liquidation wicks below the $42k support to grab more liquidity so the market makers can, after that, push Bitcoin up again more easily.

💎We are happy to see a lot of traders calling a bear market here at the support, which is always a positive sign to see at any significant demand zones and without any professional confirmation of a bearish market start, Fear&Greed index at 15 points, negative funding across the whole market, FUDs with Kazachstan and its mining, plus others all over the fake mass media and totally bearish sentiment on CT. Even some veteran traders are falsely calling for a bear market these days. Probably because they barely know what that even means and doubtfully experienced at least one REAL bear market since the one in 2012. For now, we are experiencing only a small bear trend cycle, and that is different.

💎If you were not fearful 3 weeks ago, this is not a time to start being fearful as we are at one of the most critical and major support levels.

💎As we said, the sentiment around perps is almost at the ATL, and also the OI is high because Finex whales been opening short positions at these levels just to maintain the price down and force weak hands to sell to them, and helped to overleveraged noobs get liquidated on the hunting wicks below $42k.

💎You will see many short positions opening everywhere over the coming days as everyone will get even more bearish and call for a bear market and nonsense levels. That will help to the reversal.

💎This is not a get rich quick game as many could think (but are not among us anymore); this is a survival game, and if you want to be successful, you need to play it by your own rules. In volatile markets, you should avoid leverage trading, stick to the spot, and you should be perfectly fine if you can manage your portfolio and sizing properly. We are still on the path to $120k+, but most of the retail won't own Bitcoin anymore when it is at $120k because they get exhausted or lost it before that, they believed the lies, that they will get rich without any effort in crypto, but it was just to get their money in, and now they finally realizing that you need some skill and experience if you want to be able to actually MAKE it.

💎Anyway, 2022 is a year for altcoins, strong and solid projects will be the ones that will benefit most from this; forget about meme coins, which are here just to take your money, do proper research, educate yourself and invest only in coins which actually have future. If you are not holding the vital pieces, better reposition your portfolio before the upcoming altseason!

💎We are experiencing a BULLISH retrace, and we will likely see already a very profitable Q1 for alts. And the one and only ALTSeason we have been patiently waiting to happen again to us since 2017!

Stay safe and take it easy and smooth ladies and gentlemen,
Your ParadiseTeam🌴