AlanSantana

📈 Altcoins Update | Marketwide Action Speculative Opinion

CRYPTOCAP:OTHERS   Crypto Total Market Cap Excluding Top 10, $
Hello my dear Cryptocurrency trader, I am up to sharing some current thoughts with you today.

The information I am about to share is based on some deductive reasoning, intuitive conclusions and ideas that appear in my minds eye as I go through many different charts.

It is an idea that I am getting as I browse on a daily basis through the market, going through chart after chart, after chart.

The topic is related to the Altcoins market bullish cycle and Bitcoin's potential correction.

Many Altcoins still need to complete their final bullish move before this wave is over but there aren't than many left. A very large portion of the market is already many times above its market low.

The main take away is a time period of two (2) weeks.

Based on what I am seeing, the Altcoins need at least two more weeks to complete their bullish phase. For the Altcoins to be able to continue to produce massive growth without interruption, Bitcoin needs to stay strong and by "strong" I mean above 40K.

Say we have two-three weeks of massive growth on the OTHERs Altcoins and whatever correction Bitcoin is poised to perform will be mild, being just a retrace until this portion of the market breathes some air. Once the Altcoins are all up to the same price they were trading around March/April 2022 or higher then Bitcoin can go ahead and crash below 40K.

This is not written in any book.
This cannot be seen anywhere.

This is just speculation on my part that forms from all the information that I gather consciously and subconsciously. As I meditate and go through my day, this information becomes organized and varied conclusions come to the front.

Bitcoin isn't likely to crash but just retrace/correct for weeks until the Altcoins finish their run.

Of course, the last 100 meters they will be a sort of euphoria, excitement and greed as we saw with Bitcoin hitting almost 70K. This is great but remember to secure your trades and secure profits along the way.

Things are looking good but there will be soon a period of rest.

Did you notice how surprising and fast was the move Bitcoin made from 69,000 to 59,000? Only hours; was there any time to act or react?

The only way to be successful is to plan before-hand.

Just as this bullish phase is just a preview of what is coming in 2025/2024, the surprise drop we saw is just a preview of how fast and strong the correction will be when it comes.

I can't say with 100% certainty that we are looking at the top, that "The TOP Is In!"
But I am 1,000,000% certain that we are not looking at the bottom. If this is not the TOP, we are very close.

Consider all potential scenarios and not only for Bitcoin, secure also your Altcoins.

If the Altcoins were to drop 30% in a single day, like Solana for example, taking profits would be already too late.

One sells small portions on the way up, when the sudden moves happen it doesn't matter, because we already won.

➖ Secure profits on the winning trades.
➖ Secure profits on those HIGH UP!

Feel free to buy and hold the ones red/low.

Thanks a lot for your continued support.

Namaste.

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