Bitcoin | Quick Update + FULL Altcoins Market Update

2 de mar. de 2021

As for BTCUSD (Bitcoin), remember that we are just seeing a small price bounce... We are likely to see lower prices after this bounce is over.

A stronger correction is likely to take place.

We keep this view as long as Bitcoin remains trading below its All-Time High (ATH).
(More details in my previous analysis)


Altcoins Market Update

We focus our attention mainly on the altcoins.

We trade Altcoins vs Bitcoin (ALTSBTC).

When we mention 'Altcoins' we refer to all altcoins minus the TOP10, basically the alts we mainly trade.

The TOP10/15 tend to have their own cycle so we refer to them individually.

The altcoins market will continue to do good. In fact, I believe it will do great.

Many altcoins will complete their retrace from the last bullish wave and end up in a higher low, which will then lead to a higher high.

Between each wave, we will have some sort of consolidation take place each time.

Not many altcoins will continue to hit new lows but those who do need to be checked closely, as they will have huge potential for a strong reversal.

At this point, patience is the key.

We buy and hold to later sell on target but we also buy and hold long-term.

There are many strategies that can be used when trading, build your own, based on your own likings and lifestyle for maximum success.

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THANKS A LOT FOR YOUR SUPPORT!

Namaste.