Good afternoon, ladies and gentlemen! 🐺
Strategy Master here, bringing you the only crypto newsletter that breaks down Bitcoin cycles and makes bold predictions about where it’s heading, so you can catch the next move and profit. 📈💰
This edition is brought to you by... yours truly, Strategy Master. I promised that as long as you keep reading and sharing feedback, there will be no ads, affiliate links, or promotions in this newsletter. I’m passionate about Bitcoin cycles, and I love when my analysis helps others. ❤️
Now, a quick tip: I recommend steering clear of futures trading. ⚠️ It’s risky, and another event like Covid or FTX could lead to severe losses. My analysis is based solely on spot trading, and I’ve consistently made 50-100% returns over months without gambling on low-cap coins or futures. 💪💸
And I’m showing you how to do the same—no paid tools required. 🛠️✨
Alright, Strategy Master, we believe you! So, what’s going on with the recent Bitcoin “crash” to $67,000?
Oh yes, totally forgot about it. Here it is:
You can probably hear the frustration in my voice 😤—there was no real crash! Bitcoin barely pulled back by less than 4% over the past 3 days 📉, which is totally normal for Bitcoin every single month. But of course, the media had a different story to tell 📰🙄:
That’s right—the media (which I hope you don’t read daily) 📰❌ tends to encourage buying at the top and selling at the bottom. Sadly, we live in a world where headlines are crafted by people with minimal financial education, hoping to catch Google’s algorithm and rake in views. 🤑💻
But fortunately, we’ve got experts like Bob Loukas or Strategy Master 🧠⚡, who are out here making sense of the market, regardless of the noise. 📊🔍
Enough ranting, Master. Why did Bitcoin stop at $70,000 instead of reaching the promised $100,000? 🙃
Simple: We hit the daily cycle top and needed a cool-off. 💹 Check out this chart:
Whoa, Strategy Master! 🤯 That’s a lot of indicators. Can you break it down?
Sure. The 1-week cycle (🔴 red line) reflects Bitcoin’s mid-term trend—about 1-2 months. We reached 80 last week, meaning Bitcoin is nearing its cycle top and will likely need another month to cool off before it climbs again. 🌡️ However, the 3-day indicator (🟣 violet line) still has some room to rise, so it’s likely we’ll see a bounce in the next 3-5 days 📈 before cooling off and allowing the 1-week cycle to drop back down to 20.
The good news? The 2-week cycle indicator (🔵 light blue line) is on the rise, signaling Bitcoin is still in a solid long-term trend (2-3 months). 📊 Just remember—don’t enter the market when the 1-day cycle (🔷 dark blue line) is trending down. Wait for it to hit 20 and reverse. 🔄
Alright, a lot of indicators. How can I use them myself? 😕
Next week, I’ll be releasing a script 📝 you can add to TradingView, allowing you to use some of these key cycle indicators. And yes, it’ll be free for you. 🆓 I might ask you to invite a friend to subscribe to the newsletter, but that’s it—no charge. 🙌
Sounds good, Master! But I’m still a bit confused. What’s the best way to approach the market? 🥴
If you’re looking to buy, wait for the 1-day cycle to drop below 20, which should happen within the next 3-5 days. ⏳ That’s when you’ll want to catch the reversal and ride the wave 🌊 until the 1-day cycle tops again (short-term trade).
If you prefer to play it safe, 🛡️ wait for the red line (weekly cycle) to drop to 20 before buying in. It’s much safer to buy when the weekly cycle is at 20 than now, with it sitting at 93 🚨 and a short-term correction on the horizon.
But don’t worry—you’ll hear from me again when the risk is lower ⬇️, and the weekly cycle is ready to reverse.