Bitcoin

Down 50% from its peak
Major and minor downtrend
Below all its daily moving averages

Personally, I never trade crypto in the recent months
I am waiting for my bearish targets to enter and position correctly for a full cycle

Bitcoin has a price behavior that I have memorized well and understand
And do not pay attention to the "rocket" group and the bottom behind us, and we are going to 90k and 100k
And even if it reaches 67-71-77k in this bounce, nothing will change

I have been in the crypto market since 2013 when they were all playing PUBG

Bitcoin has never made a cycle bottom at only 50-55% decline
Bitcoin after breaking the 20-week average drops 20-30%
Bitcoin needs a period of 6-8 weeks at the bottom to form the bottom

I see 45-35 as the bottom, and I am waiting for it there

As for the altcoins, by God, I see the timeline as if we are in a bull market, but the matter is as you see in the attached charts
It is a confirmed breakdown of the bottoms and a retest, nothing more

Personally, I am a long-term trader waiting for the actual bottoms and will not enter before them
My words and analysis in crypto are not for the day trader. You can benefit daily from trading the ups and downs of the coins, especially in the last two weeks

Crypto has been a money burner in the last year, and I am away from it as a trader and will only enter it as an investment when my targets are reached

$BTC $ETH $USDCHF
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