#BitcoinPriceTrends
The analysis fails if Bitcoin breaks $80K, which is very close from here.
That means entering the market now carries high risk, while waiting for confirmed bullish conditions may only cost you a small missed profit in exchange for a safer entry.
So entering now, or even above 80K, doesn’t mean you’ve missed anything.
Altcoins are not worth the risk at all right now, as mentioned multiple times.
Stick mostly with Bitcoin, and to a lesser extent Ethereum, until the picture becomes clearer.
Even if Bitcoin goes up, altcoins tend to lag and suffer heavily on any correction.
For example:
Bitcoin could move to 90K then drop to 80K…
while many altcoins break their previous lows.
Altcoins have been in a macro downtrend since 2022 (monthly timeframe).
So any exposure should be short-term trading (max ~2 months) in my view, except for a very small number of strong projects with backing and structure.
