Bitcoin is about to correct itself. 📉 It’s wise to stay cautious during a correction and allow the 3-day (or even 1-week) cycle to reset over the next two weeks. ⏳
But what if the price rallies from here? 🚀 Is that even possible? 🤔
Today, we’ll dive into this question and explore how to prepare to profit in any scenario. 💡
The market still looks overheated. 🔥 Bitcoin is overbought on most cycle indicators, signaling a correction. 📉 In previous bull markets, we’ve often seen corrections of ~20-30%. 📊
Analyzing previous bull markets reveals that corrections typically coincide with the 3-day cycle top (📈 violet line > 80) or the 1-week cycle top (🔴 red line > 80).
Cycles are excellent tools for spotting tops and bottoms 🕑 and predicting market movements in the days or weeks ahead. 🔮
They work psychologically: after a ~25% correction, investors hesitate to buy, thinking, "What if it drops another 25%?" 😟
This is how the market leaves most participants behind, with traders jumping in only when prices rise again. 🚀
That’s exactly what Cycle indicators are signaling today. 📊
The cycle indicators are reversing downward 📉, signaling that more market pressure is likely. The green lines suggest a probable (and bullish) Bitcoin scenario:
Bitcoin could decline by 16%, reaching ~$80,000, frightening many participants. 😱 Traders will claim, "The top is in!" 🗣️ But as the market hits 20 on the 3-day Cycle indicator, it’s likely to reverse upward quickly, leaving unprepared investors out of the market. 🚪➡️
It has happened before, and it will happen again. 🔁 The question is: Are you prepared? 🧐
My Approach to Bitcoin Price Movement:
✅ Sold my trading portfolio around $97,000 (as disclosed in the last newsletter)
✅ Ready to re-enter once the 3-Day indicator reverses upward (in 1-2 weeks)
But Master, what if the market suddenly surges?
It won’t surge today. At minimum, the daily indicator must drop, touch 20, and reverse – a process requiring a few days. 🕑
If we see a daily reversal and prices shoot upward, I’ll re-enter the market, aiming to exit when the daily indicator climbs above 80 and reverses again. 🎯
Broader Implications for Bitcoin’s 4-Year Cycle
If Bitcoin rallies without a 20% correction in the next few weeks:
⚠️ We may see a left-translated 4-Year Cycle
⚠️ This could mean a market top within 2-3 months, followed by a 2-year bear market 🐻
Not ideal? No. 🙅 But it’s a plausible scenario.
For now:
✔️ Prepare for a correction
✔️ Accumulate coins when 3-day and 1-week indicators drop below 20
Disappointing? Yes. 😞
But it’s the high-probability scenario. 🧠
Want My Cycle Indicator?
📊 Access my unified Cycle indicator on TradingView!
It highlights tops and bottoms with green zones. 🌟 Invite two friends to the newsletter and send me your TradingView username to get access. 🫂
Master, how do I navigate a market slowly transitioning from bullish to bearish?
When Bitcoin shifts from bullish to bearish, I look to altcoins. 🌐
One standout is $TAO. 💎
Not all cryptocurrencies follow the same cycles. 🔄 While Bitcoin drives the market 🚀 and a significant crash would impact most altcoins, we’re in a bull market 🐂 that’s unlikely to experience a 40-50% crash immediately.
If $TAO holds above $400 while the 3-day Cycle (📈 violet line) resets, it could see another strong rally. 📊
The $TAO/$BTC pair looks even better! ✨ The 3-day Cycle is already reversing upward, and a great setup could emerge once the 1-day indicator dips below 20. 📉
Telegram Alerts Are Almost Ready!
📢 Real-time reversal alerts are coming soon! It’s taken longer than expected, but the Telegram group is nearly ready.
Stay safe, and see you in the next edition! 🎉
I will be attending Bitcoin MENA conference in Abu Dhabi between December 9th and 10th. Eric Trump will be there! 💥
Join me!
10% off for tickets with “STRATEGYMASTER” code.