Good evening, folks! ๐ Welcome to Strategy Master, the newsletter thatโs laser-focused on Bitcoin cycles and helping you make money. ๐ฐ
No pointless crypto news, no shady exchange promotionsโjust pure strategy. ๐ฏ
I can tell by how fast you opened this email that you're on the fence about buying Bitcoin. Your Twitter feed is screaming about an impending recession ๐ช๏ธ, while your favorite crypto influencers are yelling "buy the dip!" ๐ข (Of course, they areโthey donโt really understand the market ๐คทโโ๏ธ).
In tonight's edition, weโll break down Bitcoin cycles and tackle the big question: Is now the right time to buy? ๐ค
Bitcoin's Daily Cycle: What's Next? ๐
Bounce soon? ๐
Bitcoin is overdue for a bounce after reaching its 60-day cycle bottom. Will we see a sharp move higher? ๐ Very likelyโbut don't expect an immediate surge past $70,000 unless Bitcoin breaks the critical $62,500 level. If it does, we could see a rally all the way to $70,000 and beyond. ๐
Is This the Moment to Buy? ๐คทโโ๏ธ
The bottom is near ๐ฅธ
Take a close look at the chart above ๐. The cycle indicators are showing us that Bitcoin is heading for an ultimate cycle bottomโthatโs when the 1D, 3D, and 1W indicators all dip below 20 on my cycle tracker. ๐ At this point, there's no need to rush in. ๐ฐ๏ธ The best move is to wait for confirmation before pulling the trigger. Timing matters more than ever. โณ
Read the guide to learn how to spot when a cycle bottom is confirmed. ๐ง
But waitโwhat happens if all three Cycle Indicators hit their ultimate bottom? ๐ค
Each time Bitcoinโs 1D, 3D, and 1W cycles align below 20, weโve historically seen a bullish phase. ๐ข In bear markets, the upside may be short-lived, but in bullish phases or trend reversals? The gains are exponential. ๐
Here's what happened during the last 6 alignments:
๐ May 12, 2024: Bearish phase. Bitcoin jumped 18%.
+18% ๐งโ๐
๐ Jan 16, 2024: Bullish phase. Bitcoin surged 70% in a month.
+70% ๐ค
Other similar occurrences:
๐ Sept 3, 2023: Bullish phase. Bitcoin rallied 71% over 2 months.
๐ June 14, 2023: Consolidation. Bitcoin gained 25% in 30 days.
๐ Jan 1, 2023: Reversal. Bitcoin shot up 51% in 1.5 months.
๐ July 1, 2022: Bearish phase. Bitcoin spiked 32% in under 2 months.
Waitโฆ does this mean the consolidation is actually good for Bitcoin? ๐ค
Yes. โ Extended consolidation, with no significant price drop, is incredibly bullish for Bitcoin. ๐ช If we see a dip below $50,000, we may need to reconsider โ ๏ธ, but as long as weโre holding steady, the outlook remains promising. We've held this level for over 180 daysโpatience pays. โณ
Let me confess something, Strategy Masterโฆ Iโm deep into altcoins, what should I do? ๐คทโโ๏ธ
Letโs be real. Altcoins are looking rough. ๐ฌ If you check the TOTAL3 chart, youโll see the 1D cycle nearing its top, the 3D cycle trending downward ๐, and the 1W cycle breaking lower. Altcoins are likely to struggle over the next few weeks. Here's what the data is showing: ๐ง
Altcoins are a big headache ๐
Should I sell my Alts right now??? ๐ฑ
It depends. ๐ค Check the Altcoin/BTC graph with Cycle Indicators to gauge where your alt stands. ๐ If youโre unsure, shoot me a message with the altcoin youโre watching, and Iโll cover it in the next newsletter. ๐ฉ
Btw guys, we're growing fast ๐, and soon Iโll be launching a private group ๐ฌ where we can chat in real time. Youโll be able to request charts, and Iโll set up automatic alerts for key reversals so we can all make smarter trades together. ๐ง
Rememberโno risky futures trading here, just spot trading for long-term profits. ๐ฐ And yes, you can hedge against cycle bottoms using futures trading, but thatโs a topic weโll dive into in the private group.
Stay smart, stay patient, and letโs crush the next cycle together. ๐ค