LuckyStudent02(@LuckyStudent02)'s insights

#BTC Update 25/12/2024 Long-term timeframe 1D and

LuckyStudent02 · 2024-12-25T11:49:01.000Z

#BTC Update 25/12/2024 Long-term timeframe 1D and above Please note that the 1D timeframe and above can run for a few weeks or 1-2 months before completion. The H1-H4 timeframe can run for a few days. The red peak number 3 can stop anywhere in the range of 108K-130K. The blue 12345 represents the small wave of the red wave 3. The blue peak 5 can also stop anywhere in the range of 108K-130K to form the red peak number 3. Assuming the red wave 3 has ended at the peak of 108K, then the blue 4 will not stop in the range of 92K-85K but will have a D1 candle closing below 85K to confirm that the price can drop further towards the red bottom 4 (50-75K) before continuing to rise according to the red wave 5. Here, I am leaning towards it making one more blue wave 5 before truly reversing down. This means that the price could at least touch the peak of 108K one more time, and if more bullish, it could reach the target of 130K. The range of 92xxx-85000 is where the blue number 4 must stop, and the D1 candle closing at 7 AM today, 25/2/2024, plays a role in confirming whether the blue number 4 has stopped or not. Currently, I believe there is a 70% chance that the blue number 4 has stopped at 92xxx. The scenario of dropping to 85-89K for the blue number 4 can still occur, but it's not highly likely. And with the Altcoin purchased on 20/12, even if #BTC drops to 89K, that Altcoin would still only return to around the entry price of 20/12, and it hasn't even touched the lower boundary of the buying zone that I provided to you privately, so you can feel somewhat reassured.

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LuckyStudent02

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Why is this season hard to play? Because this season has not yet reached the Fomo level, so we can't just dive in right away. It's similar to the 2020-221 Trend Defi, where GameFi activated the Fomo for the Market.

The Fomo level this season I've mentioned before, it is when #ETH Breakout ATH 4900$ that it might trigger Fomo 😎

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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