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Bitcoin broke through the ATH at $108,000, corrected from there. Alts fell with it. There was a strong spill in the morning that was quickly bought out. It looks like a localised bottom.
The purpose of these spills is to knock out the shoulder traders. Pay attention to the charts - a spike down, which reaches the traders' stops and a sharp rebound upwards. Sideways, growth, shooting down again. This is the most difficult market for traders. For non-traders, who like to use leverage x10-x20, it is a quick liquidation of the deposit. Yes, even in a bull market you can lose even if you overestimate risks.
The growth has stopped - after the November rally it is a normal situation. My strategy is the same - hold strong assets, buy on spills and wait for your goals to be achieved. The main game will be in 2025, fasten your seatbelts. 2 replies
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