The crypto market has been quite volatile lately. Bitcoin’s recent attempts to reach new all-time highs (ATH) and the upcoming US elections (Harris vs. Trump) have created uncertainty for many investors, especially those in futures markets. Of course, the popular crypto influencers with millions of followers seem to be enjoying this rollercoaster ride.
Personally, I believe that Bitcoin could attempt to reach a new ATH and sustain above that level starting from the second half of November, based on its overall cycle. However, this is purely speculation, and past performance is not indicative of future results. As for altcoins, I anticipate a significant rally once Bitcoin dominance decreases. But currently, everyone is waiting for a lower price, so Bitcoin dominance remains high. Remember, if you don't buy, the price won't go up!
In conclusion, it's important to stay cautious and closely monitor the market. While political events, interest rate decisions, and geopolitical tensions are temporary, a well-crafted investment plan and the ability to navigate market fluctuations are key to long-term success. Happy trading!
$BTC By the way I am long 😅
#NFA✅ #tradingjournal