The importance of now, is not whether the price of BTC is 98k or 100k or 95k. The important picture at the moment, is to predict the transition from BTC run to ALT run. At this stage, you should be dca'ing into ALTS.
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This wick (arrow) shows the bears trying, but eventually losing control. This chart continuous to be bullish and as BTC attacks the green level one more time, it will break above and gain enough momentum to reach 100k. As I mentioned before the 100k is now a narrative THAT HAS TO BE REACHED. This moment will be a wake up call to all noobs, that upon being flooded with news headlines of 100k, will add even more liquidity into the market. I want BTC dom below 60%.
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In my recent BCW AMA post, I ended with the following sentence "Its 100% adrenalin, fear and anticipation (and here is when you will need guidance because you will make the gravest of mistakes so listen to your mentors). "
Mistakes are caused by emotions, and there is no way that you can avoid them because we are human, instead, we have to try and control them. It happened to me in previous cycles, I know exactly how it feels, so I will try and explain it, so you can avoid this mistake. I'm assuming that you're now at a stage where you have your portfolio and are now waiting for your portfolio to earn profits. During a pump, you get hyped up. You feel that you need to get involved, and one of the ways that 'you feel' that you need to do, is to click on the buy/sell button, even when there is no justification for it. Most of the time, you look at your coin and then you see another coin that outperforms it, so you sell it (during the pump) and buy the new coin, only to see your older coin pump later on. Its a pump, most coins will rise, its just that that each coin has its own small cycle, so if your coin isn't rising as fast now, it will catch up later on. In the mean time, every time you do this, you increase risk. You don't usually put the same effort in dyor in the new coin, because with emotions, everything is done in a hurry. In order for you to have a portfolio, it means that you have done your homework and now waiting for you investment to perform. The only way that I would sell any of my coins at this stage, would be if something went wrong (hack etc) or it has reached its top and its showing weakness.
Also, at this stage I would not take part in any ico's, airdrops or coin lock ups. You need to be ready for your exit, when the time comes.
Mistakes are caused by emotions, and there is no way that you can avoid them because we are human, instead, we have to try and control them. It happened to me in previous cycles, I know exactly how it feels, so I will try and explain it, so you can avoid this mistake. I'm assuming that you're now at a stage where you have your portfolio and are now waiting for your portfolio to earn profits. During a pump, you get hyped up. You feel that you need to get involved, and one of the ways that 'you feel' that you need to do, is to click on the buy/sell button, even when there is no justification for it. Most of the time, you look at your coin and then you see another coin that outperforms it, so you sell it (during the pump) and buy the new coin, only to see your older coin pump later on. Its a pump, most coins will rise, its just that that each coin has its own small cycle, so if your coin isn't rising as fast now, it will catch up later on. In the mean time, every time you do this, you increase risk. You don't usually put the same effort in dyor in the new coin, because with emotions, everything is done in a hurry. In order for you to have a portfolio, it means that you have done your homework and now waiting for you investment to perform. The only way that I would sell any of my coins at this stage, would be if something went wrong (hack etc) or it has reached its top and its showing weakness.
Also, at this stage I would not take part in any ico's, airdrops or coin lock ups. You need to be ready for your exit, when the time comes.
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To join Wall Street Daily premium the link is t.me/WallStrDaily_bot?start=premium
Subscription is only $10 per month, paid in USDC via BASE chain for extra low fees. For this, you get access to premium tg channel and access to premium chat where all of your questions are answered.
Subscription is only $10 per month, paid in USDC via BASE chain for extra low fees. For this, you get access to premium tg channel and access to premium chat where all of your questions are answered.
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We may have to wait until late 2025 to gain approval for spot ETFs for altcoins such as Solana (SOL), Ripple (XRP), Litecoin (LTC), and Hedera (HBAR).
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This is our comfort box for now. Its the range that suits us best for BTC to be in. This 4k range is minor highs and lows that basically translate to to mid term sideways action which will continue to favor alts. I'm not calling ALT season just yet (I believe it will be any day now) but with BTC dom falling below 56 we are doing well. By next week, everyone in this group should be in profits.
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Keep the image of the white comfort box that we are currently in, at the back of your minds. Having said that, I expect good things from crypto today. BtC dom is now below 56%. As I mentioned yesterday, sometimes btc dom will on occassions, correct upwards for a day or 2, before continuing down again. Do not be alarmed, this is normal. The South Korean event is behind us now, but expect 'events' to occur at any time. Because of yesterday, there were no btc etf inflows, in fact there was just 12million in outflows, which is nothing. Despite the lack of inflows, BTC held its ground well and that is the most bullish sign for crypto.
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In BCW there is a portfolio section that @J created a long time ago, which is excellent. Place you coins and put alerts, and set the alarm price at double of what it is now and in the comment section of the alarm, type X2. A numbers of alarms have gone off lately indicating X2 profits (Fil went off last night). When the alarm goes of reset it, again at double the current price but at the comments, this time type X4 and so on. You will get busy typing during alt season.
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This link is the mini app version of BCW portfolio. Much more sophisticated. http://t.me/blockchainwhispers_bot?startapp=portfolio
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I'd like to welcome all the new members to this group. For the next 2 days (Thursday and Friday) all posts directed at premium, will be re-posted here for your benefit, free of charge. I want you to get an idea of what we are all about.
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We specialise in predicting the direction of the market on a daily basis, updating this as required. We have a narrative of what we expect in the following 2 months and have a scenario in play until the end of July. This will assist us in preparing our exit strategy with maximum profits. Most of my posts are not time sensitive, so you don't miss anything while you sleep. and you don't have to be in front of the screens 24/7.
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Powell bullish speech that just finished (he stated that BTC is a competitor to Gold) may push all parameters to the upside. Note that in case of a rapid rise, such as now, will eventually result in a retrace, which is normal behaviour.
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Yesterday was the first time that Powell was asked a direct question about BTC and not only did he not shy away from it, but he gave the most bullish signal for BTC, giving a huge boost to the digital gold narrative. This, combined with the announcement by Trump of a pro-crypto head of the SEC, makes the next few days all about BTC. The spotlight will shift from ALTS to BTC, the problem being that BTC has nowhere else to go. It might reach 103000-105000 but its now in new waters with no old levels to judge by so we make them as charts evolve. The higher BTC goes , the more liquidity will flow to ALTS and this will become obvious from today to a lesser extent.
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