Unfortunately, this is the psychology that the vast majority of the market follows…
Before major growths, we barely hear about certain assets, but all it takes is a big move for many to take advantage of them 👀…
When people see the market appreciating quickly, they get FOMO (fear of missing out) and end up buying at the top of several assets, forgetting that corrections not only happen, but are natural in a healthy market….📈
And then, as soon as a correction knocks on the door, what would be a great buying opportunity gives way to fear and actions taken based on emotion
Remember that the market is counterintuitive, and if you study and have good projects, in times of correction it is time to go shopping and take advantage of the promotion…🛒
Do you share the same vision and have taken advantage of the opportunities?? Like and leave your comment!!!👇
For those of you who are just starting out in the crypto world, don't give up!!
Every day that goes by and you continue to believe in the efficiency of FIAT currencies, you end up becoming poorer.
To explain it in a simple and summarized way:
💸 With fiat currencies: • Central banks can print money unlimitedly. • This makes prices go up, because there is more money in circulation, but goods do not increase at the same rate.
⚡ With Bitcoin: • Bitcoin has a limited supply (21 million units). • It cannot be “printed” or manipulated by governments. • This protects its value over time, functioning as “digital gold”.
While fiat currencies lose value with inflation, Bitcoin is resilient and preserves purchasing power!
MicroStrategy will enter the Nasdaq 100 index on 12/23….
This could open up space for the company to raise more money and increase its position in BTC.
Naturally leading to greater adoption of the asset, which, because it is scarce, can lead to an appreciation 📈🔥
And how does this affect Altcoins??
High BTC attracts more retail (dumb money), who may focus on Altcoins due to their ability to bring greater financial returns….bringing a more aggressive acceleration to AltSeason 💰💰
Do you know what I mean??
We still have room for appreciation, don't be fooled by narratives!!📈
I saw several posts saying that Bitcoin will now go to 60k or even fall further than that…
We had a small drop and some are already becoming pessimists 🐻🤡!!
Always remember, if you believe in the project, every setback is an opportunity, think that the rocket is just putting fuel on to reach higher points! 🚀
And you, do you agree with this view?? Comment below 👇
🚨 If it makes sense to YOU, don't miss the opportunity!! 🚨
This is the OTHERS chart, which shows the Marketcap of Altcoins, excluding the TOP 10…
And as you can see, we may be facing a real rise ahead of us 🚀🎯
Also observing on a weekly basis, it may be close to confirming the cup pattern ☕️(which opens space for greater appreciation), with a target close to 1.8 trillion 🔥
If you have a portfolio that currently does not have the assets that are in the top 10, this chart may be interesting for you!!📈
Stay tuned and choose good projects!!🔎
Have you noticed this before?? Follow and comment below!!👇
You are absolutely right, most people are afraid because they ventured into projects that they know the least about. And when some correction knocks on the door, they start the narrative that the asset is going to 0 🤡
Preciso mudar de vida
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Let me understand something. If the altseason lasts until next year. Why are you afraid of the correction that will occur? In other words, no matter how much this correction happens, it will still rise sooner or later, right?
$AR (Arweave), an interesting project that I'm keeping an eye on and I wanted to share with you a graphical view of the asset.
Today I was analyzing the project and I noticed a possibility of creating an OCO (head and shoulders) on the weekly chart. If this correction to the 0.382-0.618 range happens, it would open up an interesting entry possibility or increase in exposure before a greater appreciation. 🔥
Remember that this is my opinion and it is not something with 100% certainty, the market is sovereign and we do not have a crystal ball. It is up to us to draw up plans based on probabilities and wait for the activation with our arms crossed!!!
And you, what do you think about it?? Leave your opinion below 🚀 #TopCoinsSeptember#BecomeCreator
Unfortunately, this is the kind of narrative I've seen very often in the last few days, oddly enough...
And I'm here to say:
The greater Bitcoin's dominance, the more room we have for stronger drops in dominance
And when this happens more quickly, good Altcoin projects tend to appreciate a lot...📈
And this is where a good strategy comes in:
Those relevant projects that already show strength even before BTC dominance plummets are the ones you want to increase exposure to and hold to surf the Altseason
This is your Golden Ticket 🎫
Don't miss it!!!
I warn you again, be very careful with Guru narratives on the internet.
The photo below is from an analysis I did on TOTAL3 when we were still at 549.14B and my optimistic view of being able to reach 3Q points hasn't changed. 🔥
In TOTAL3 we had a bullish pivot and soon after the confirmation of the cup pattern ☕️ (which indicates continued bullishness) opening space for aggressive highs in the coming weeks and months…
Along with this, Dominance broke the Ascending Wedge pattern and has also drawn attention; for those who don't know, in simple terms, dominance is an indicator of cash flow, that is, if dominance rises, the money is going to bitcoin and if it is falling, to other currencies.
And what has been happening?? Yes, it has been falling…. In other words, the money is going to other assets.
Answering the initial question, “is there still time?” Yes, so don't waste time and look for good projects to surf the Altseason that is getting closer and closer.🔥
We are facing a very interesting point of Altseason activation.
Several catalysts can bring about this activation, but while this doesn't happen, take advantage of the opportunity to buy good projects at still competitive prices.
4 sectors that can bring good value to your pocket in this cycle are: