0 reply
0 recast
0 reaction
BTC/USDT 4H đź‘‘
Bitcoin is showing immense strength, forming a "running triangle" in wave (4), where wave b of the triangle exceeds the orthodox top of wave 5. This is a clear indication of trend strength, just like the "running flat" in wave (2), where wave C failed to break wave A.
Now that Bitcoin has broken past the $100,000 mark (congrats to everyone 🎉), liquidity might start flowing back into Bitcoin. As BTC continues to update its ATH, altcoins could remain in consolidation phases. However, the moment Bitcoin stagnates in a range again—similar to what we saw over the past two weeks—altcoins are likely to explode with double the momentum.
Key takeaway:
Don’t rush to convert your alts back to Bitcoin. You’ll risk missing the altcoin rally and end up asking later, “What should I buy that hasn’t pumped yet?” Stay patient, and watch for opportunities in both BTC and alts. 🚀 0 reply
0 recast
0 reaction
