Bitcoin - where to look for the bottom? 🤔

12 мая 2023 г.

See for yourself, bitcoin is already down -15% from its high in April and there is no bad news yet, while: Nasdaq is at a 1-year high, Sp500 is holding at the upper border of the side channel, Euro Stocks is at a 1-year high.
Bitcoin dominance is still the highest since July 2021!

I have repeatedly written why I am waiting for the last correction in BTC in May before the explosive growth wave at the end of summer, it was described in more detail in the video on YouTube 🎥
By the nature of the movement of the fall, which began this week, it is clear that we will probably fall strongly.

Bitcoin is an asset that falls / rises ahead of other assets.
Ahead is an increase in the national debt limit in the United States - which means that the Ministry of Finance will soon start borrowing money again, and this will hit the stock market hard.

Key support areas in BTC have already been repeatedly indicated in past posts and on the channel.

📈 The best strategy right now is to buy Bitcoin on the Spot market and hedge the position by buying put options.