If you check my previous ideas (can't remember if here or on a social I can't mention here because "rules" but you can figure it out) there was a small support which has been cleaned multiple times by BTC, so now next target is the 24-24.8K area. BTC is forming a bullish DIV but I think it's still too weak
Both
BTC.D (check this chart: 
)and 
USDT.D (check this chart: tradingview.com/x/Si4QKCGt/) are going up showing that people are selling altcoins and moving money into Bitcoin and stablecoins. I don't show it here but even USDC.D is going up although it has a smaller share of the market.
Meaning: despite what the crypto twitter influencers told you altseason is FAR, new lows has to be expected and I feel that my bearishness is now justified.
However, by experience I can tell you that you'll recognize the bottom when it'll be too late so the only reasonable thing you can do is to follow this list:
1) identify the crypto you think have a good potential ROI;
2) start DCA;
3) don't throw insane amount of money in every buy, just be consistent, don't bet
4) JOLLY: buy more only if you've decent TA capability and recognize market reaches a point that it's likely to be the bottom
Good luck
Both
BTC.D (check this chart: USDT.D (check this chart: tradingview.com/x/Si4QKCGt/) are going up showing that people are selling altcoins and moving money into Bitcoin and stablecoins. I don't show it here but even USDC.D is going up although it has a smaller share of the market. Meaning: despite what the crypto twitter influencers told you altseason is FAR, new lows has to be expected and I feel that my bearishness is now justified.
However, by experience I can tell you that you'll recognize the bottom when it'll be too late so the only reasonable thing you can do is to follow this list:
1) identify the crypto you think have a good potential ROI;
2) start DCA;
3) don't throw insane amount of money in every buy, just be consistent, don't bet
4) JOLLY: buy more only if you've decent TA capability and recognize market reaches a point that it's likely to be the bottom
Good luck
I do TA because I like and it seems at least 70% of my calls usually turn out to be true. If you wanna support me please donate some tradingview coin or check "about me"
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I do TA because I like and it seems at least 70% of my calls usually turn out to be true. If you wanna support me please donate some tradingview coin or check "about me"
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.