GM π , traders, investors, and everyone ready to ride this final leg of the Bitcoin bull market with me!
Today, we're getting straight to business - Bitcoin is breaking through $76,600, signaling itβs primed for the final ascent π. But should you go all in right now? π€ Letβs analyze the cycles and time the bottom together.
Keep an eye out for specific coin suggestions at the end of the email! π
π° Strategy Master, enough with the cycles! How can I make money NOW? πΈ Everyone on Crypto Twitter seems to be cashing in!
First, remember: most people in crypto end up losing money. They trade with leverage and get liquidated π₯. Have you seen todayβs liquidation chart? π
If youβre still waiting for the right entry, youβre doing just fine. The goal is to ride established trends, not chase falling knives. π Letβs see what Bitcoin cycle indicators are showing us now:
In short: weβve entered the overbought zone on the 1-day chart π, meaning a pullback is likely within the next 4-5 days. If the market surges from here, your goal is to enter when the 1-day indicator (blue line) drops below 20. Just like this π:
Yes, we canβt ignore the 3-day and 1-week cycles π. But in highly bullish markets, buying when the 1-day cycle hits 20 can yield strong gains πͺ. Sometimes a single cycle can bring a 30% return on one simple trade π.
Alright, Strategy Master, but how will I know when we hit the bottom?
Easy - just drop me a message at hello@strategymaster.io with your TradingView username.
Iβll add you to the script that pinpoints tops and bottoms on the 1-day (blue line), 3-day (violet line), and 1-week (red line) charts. Hereβs what that looks like π:
This indicator shows entry points by selecting βCycleβ for daily and leaving other fields as βNoneβ (for buys). During last 3 months, it gave 5/5 profitable entry opportunities, and weβre currently in the red zone π΄. That doesnβt mean a guaranteed dropβnever underestimate a bullish Bitcoin! π But caution is key here. Itβs usually best to wait for the next βgreenβ signal and allocate capital thenβthatβs how we make money at Strategy Master πΌπ°!
Thanks, Strategy Master. Whatβs the next trade?
When looking at altcoins, make sure they can outperform Bitcoin π (at least for a month or two). Right now, Iβve got my eye on LINK (Chainlink) π.
LINK had an amazing run this year, tripling in Q1 2024 π! Itβs been slowly declining since (around -50% from the top), but it looks ready to reverse. Weβre not jumping in just yet; Iβm waiting for the 1-day cycle (blue line) to hit 20, which should happen in the next 7-10 days β³. If the 1-week indicator reverses by then, Iβll be entering a big position in LINK π°. I see solid potential for LINK in bullish market conditions π.
Strategy Master, can you just send me a Telegram alert once the 1-day Indicator hits 20? Iβm too lazy to watch the market every day. π΄
Sure! Iβll soon launch a Telegram group with automatic alerts when coins show reversals. Just reply with βLet me inβ if you want to join πβ¨.