🚨For Beginners..

Since 2020, every time BTC lost the 50-week moving average, which is currently around 99 to 100k.. After a certain time below, it came back to retest what is its main support in the bullish cycle since 2020, as resistance. In this retest, I remember well in 2021 it seemed like it was going to break and rise strongly; most of the market believed that the bull market would continue and that BTC would go from 69k to 100k (in waves). However, on the contrary, there was such a strong selling pressure at that average that there were very strong drops, and some altcoins melted to almost zero.. So today, one of the most important areas graphically speaking is the area between 99 to 100k to be observed 👀.. There will be the decision of many: continue buying and take the risk, or exit with less loss, or partial profit.. Personally, I see a rise in BTC and ETH; some altcoins will follow, and I believe BTC will surpass 160k. I have my theses and fundamentals that I believe in.. but I also have a plan B for exit.. be careful with buying altcoins, expecting altseason. I already said that market makers know that there are a lot of people trapped in altcoins or at a loss, so why would they use their own money to push them up.. What can happen is having altcoins with a lot of short orders, pushing them up to liquidate everyone.

We continue observing.. 👀