#BTCNextMove
The last two days have probably been very difficult for those who just entered this market from 2024, right?
The $BTC dumped 15% while the altcoins have doubled or tripled, so the profits are minimal and it has already gone into capital loss. However, if you have been in this market for over 5 years like me, then 20-30% corrections of BTC are not uncommon even during an uptrend.
I don’t dare to claim to be a technical analysis expert, but such corrections are truly necessary when the market rises too quickly and too strongly in the past 1-2 months. On the day Trump was elected, 6/11, BTC was still hovering around 70k. If I had told you that a month and a half later, the price of BTC would be 96k, you would have called me delusional.
I say this so you can see that the situation is still not apocalyptic. Large funds, big companies, and even the U.S. government hold a large amount of BTC, so we can still be at ease. During times like this, it’s best to turn off the app and go outside for some sports to relax. As for the money, just DCA; when you run out of money, stay still like I do. Not selling means not losing.
Wishing you all continuous success.
This is a personal share, not an investment advice.