Healthy Bitcoin: Marketwise Shakeout: Patience, Hold

9 déc. 2024

We are witnessing a marketwide shakeout, nothing to fear. This is likely to end very soon. Patience. Hold.

Bitcoin is shaking right now and the Altcoins market as well and I can see more than 1.5B of late joiners and over-leveraged traders being liquidated today, in the past 24 hours.

If you've been reading what I have to share then this shakeout move doesn't concern you. Prices remain strong and this is a unique opportunity to buy-in, rebuy and reload.

Bitcoin will continue growing, the Altcoins will continue growing; we are going up.

A market shakeout is just that, weak hands are being shaken out of the market. Late joiners and over-leveraged positions are being removed before the next leg-up.

We are in a bullish trend and will continue to see higher lows and higher highs long-term. Remember the support range I mentioned in a previous post, Bitcoin is hyper-bullish above those.

Buy as much as you want focusing on the long-term and hold strong.

Each chart/pair must be considered individually.
A sound plan is needed for trading. Never buy anything in a rush.

Sell when prices are high;
Buy when prices are low.

Thanks a lot for your continued support.

Namaste.

9 déc. 2024

Note

There can even be a high volume higher low. It is still early but Bitcoin is going up.

10 déc. 2024

Note

It is recovery pretty fast. Just a minor shakeout. Again, killing over-leveraged LONGs.
We continue bullish, Bitcoin & Altcoins.