🅱️ Enter The Everything Grows Rally (Bitcoin & Altcoins Update)
Aggiornato
The fact that Bitcoin Dominance is about to go through the roof does not mean that the Altcoins market must crash... Hear me out for a few minutes and make sure to Boost/Like and read with me!
New money, new people, new players... The Bitcoin Spot ETF means that new money enters the market and this happens through Bitcoin. As Bitcoin's market capitalization growths so does the Bitcoin Dominance index which I shared recently.
Only when the market is weak, in a correction phase, we see money flowing out of the Altcoins to Bitcoin and thus the increase of BTC.D.
In this case it works the other way around, This Is The Everything Grows Really I've been telling you about now for several months.
As new money flows into the market, Bitcoin grows.
We came into the market through Bitcoin but as we become comfortable with Bitcoin we learn about the Altcoins and start to diversify, this happens to the majority of the people.
So Bitcoin grows, the market grows and the Altcoins also grow but at a slower pace.
When Bitcoin reaches the next resistance and the smart players, the traders, miners, exchanges and whales take profit money flows from Bitcoin to the Altcoins. The new players join with a long-term perspective as it happened at the beginning of this year... "Who's selling?" Remember?
This is the much awaited, everything grows phase.
The Cryptocurrency market moves in cycles and each cycle has different phases.
We have a positive or bullish cycle which is identified by growth, higher highs and higher lows.
We have a negative or bearish cycle which is identified by the contraction of the market, weak and bad players are removed, lower lows.
Within these cycles we have a recovery phase.
We are in the recovery phase of the bullish cycle after the bearish cycle.
In the recovery phase you see the disbelief as prices grow.
You see all the negative news but regardless of the news Bitcoin continues to grow and evolve.
This is the recovery.
After this phase we get one last major correction/consolidation and then the full blown bull-market.
Technically this phase is already a bull market, ever since the November 2022 low but I don't want to drive crazy all the bears and trolls. So let's just say that we will continue to see growth... The bullish bias has been confirmed.
The end of the bear market happened June 2022, see Ethereum for example.
With Bitcoin we got a lower low in November 2022 but this was part of an irregular correction. You can tell by the fact that the new low did not go to the next fib. support nor is proportional with a bearish impulse, rather it fits a correction. This is also supported by the fact that most of the market hit bottom May/June 2022.
Regardless if you agree with this or not, having this information before-hand, as we did last year, can help you predict everything that we are seeing today.
If you read the market correctly at one point, your chances increase of getting it right for the next wave.
We are human.
We are learning.
We make many mistakes...
As long as we are right we continue with the same system, the same bias, the same map.
If things change and we start to get it wrong, we adapt to the market quickly, accept and learn from our mistake and continue moving forward.
There is no time to cry.
This is a though world.
Get up, dust yourself up!
Life is a struggle... Make sure to have fun.
Namaste.
New money, new people, new players... The Bitcoin Spot ETF means that new money enters the market and this happens through Bitcoin. As Bitcoin's market capitalization growths so does the Bitcoin Dominance index which I shared recently.
Only when the market is weak, in a correction phase, we see money flowing out of the Altcoins to Bitcoin and thus the increase of BTC.D.
In this case it works the other way around, This Is The Everything Grows Really I've been telling you about now for several months.
As new money flows into the market, Bitcoin grows.
We came into the market through Bitcoin but as we become comfortable with Bitcoin we learn about the Altcoins and start to diversify, this happens to the majority of the people.
So Bitcoin grows, the market grows and the Altcoins also grow but at a slower pace.
When Bitcoin reaches the next resistance and the smart players, the traders, miners, exchanges and whales take profit money flows from Bitcoin to the Altcoins. The new players join with a long-term perspective as it happened at the beginning of this year... "Who's selling?" Remember?
This is the much awaited, everything grows phase.
The Cryptocurrency market moves in cycles and each cycle has different phases.
We have a positive or bullish cycle which is identified by growth, higher highs and higher lows.
We have a negative or bearish cycle which is identified by the contraction of the market, weak and bad players are removed, lower lows.
Within these cycles we have a recovery phase.
We are in the recovery phase of the bullish cycle after the bearish cycle.
In the recovery phase you see the disbelief as prices grow.
You see all the negative news but regardless of the news Bitcoin continues to grow and evolve.
This is the recovery.
After this phase we get one last major correction/consolidation and then the full blown bull-market.
Technically this phase is already a bull market, ever since the November 2022 low but I don't want to drive crazy all the bears and trolls. So let's just say that we will continue to see growth... The bullish bias has been confirmed.
The end of the bear market happened June 2022, see Ethereum for example.
With Bitcoin we got a lower low in November 2022 but this was part of an irregular correction. You can tell by the fact that the new low did not go to the next fib. support nor is proportional with a bearish impulse, rather it fits a correction. This is also supported by the fact that most of the market hit bottom May/June 2022.
Regardless if you agree with this or not, having this information before-hand, as we did last year, can help you predict everything that we are seeing today.
If you read the market correctly at one point, your chances increase of getting it right for the next wave.
We are human.
We are learning.
We make many mistakes...
As long as we are right we continue with the same system, the same bias, the same map.
If things change and we start to get it wrong, we adapt to the market quickly, accept and learn from our mistake and continue moving forward.
There is no time to cry.
This is a though world.
Get up, dust yourself up!
Life is a struggle... Make sure to have fun.
Namaste.
Nota
$143,000,00 USD in Shorts liquidated in the past 24 hours.Remember that as prices move up, volatility, shakeouts and surprise market moves develop.
Focus on the long-term, up!
When there is strong growth, corrections and retraces can show up at anytime... The important part to keep in mind is the higher lows and higher highs.
Short-term movements can be considered noise.
Bitcoin can go down for 3 day straight, fast, 5 days and then suddenly back up. This dynamic can repeat over and over... We should see growth for several weeks in the least, it takes time though.
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followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
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