✅ @CryptoInMENA Academy | Verified Crypto Influencer | 🤝 Partnered with Binance & Top Exchanges | 📊 Helping MENA Traders with Smart Insights & Strategies
🚨 Has the bottom really been confirmed? Or is the market preparing for a new trap? 👀
Let's be clear…
I mentioned that the current recovery wave could extend to around $80,000. But it doesn't mean it starts immediately.
The most likely scenario now: There is a possibility of seeing a second downward wave that brings us back to the mid-60 thousand areas, followed by a strong rebound pushing the price towards ~80K.
The bottom? It's still not officially confirmed ❌
But: • The market is clearly in a selling saturation in the short term.
🚨 Are you only with Bitcoin or do you like alternative currencies?
Honestly? I'm both 😎 But honestly, I often find myself more interested in the Alts than Bitcoin.
These days, I talk about Bitcoin more because it determines the direction of the entire market, and the Alts are excellent, but they require a different approach, especially the small and medium coins.
⚡️The crypto market is all cycles and stages one after the other. Small and medium coins do not survive all cycles, so as soon as the 'music stops,' you have to reduce risks immediately, with some rare exceptions.
🚨 Did we really see the bottom… or is it still too early to judge?
Currently, the general trend is still downward, meaning we have no decisive confirmation that the final bottom has been established. The market needs to build a clearer price structure so we can confidently say that the reversal has really begun.
Those who rushed and said 'this is the bottom' without seeing clear confirmation… are the same ones who got caught in the past period.
But 👇 There are signals that make the idea of a local bottom very logical:
The shock of 74,000.. Have we reached the bottom or is the worst yet to come?
Guys, what we warned about has happened.. We broke the $74,000 barrier yesterday, and this level was the last hope for the "bulls" to prove that we are still in a bullish market. Now, everyone is starting to really believe that we are in the heart of a "bear market".
Why didn’t we wait for the monthly confirmation? 🧐
Since October and November, I've been telling you: * The market gave us the exit signal a long time ago when it broke our key levels, and there was no need to wait until the price reached here.
🚨 Those who understand Bitcoin, understand alternative currencies without realizing it!
Let's be honest: Alternative currencies were weak before, and they are still weak today, in fact, we even recorded new local lows 📉
What are the strongest waves of alternative currency rises? It only happened when Bitcoin surged strongly ⚡️ Not the day it reached the peak, not the day it moved sideways… but the day it rose strongly 🚀
📊 Golden rule: Recent data is more important than old data
🚨 The market is close to stopping the bleeding… but be careful not to rush.
📊 The price may temporarily stop its decline and rise a bit; it doesn't necessarily mean this is the lowest possible price, but it is a zone where selling decreases and buyers start to enter.
📉 What is happening now suggests that the market is close to a comfort zone after the strong pressure we witnessed. The last time this scenario occurred was in November.
⚠️ It's important to clarify a point: This is not an announcement of an incredible rise nor a guarantee that the decline has completely ended.
⚠️ Let's be honest… even the most optimistic today are starting to get anxious.
We see some of the biggest Bulls getting closer to the moment they say: "Maybe the market is really in a Bear Market."
And the important point? This scenario was mentioned before the drop, not after it. Yesterday, it was alerted before the drop that happened, and we saw Bitcoin drop from 82K to 75K.
Why is this important for the trader?
Because the monthly frame is always the last line of psychological defense, but confirmation of the drop comes late, and usually by that time the price has lost more than 50 thousand dollars from the peak.
🚨 Do you think we will see Bitcoin at 70 thousand? Or is the market planning to surprise everyone?
The topic of price targets is always controversial… Personally, I don't like to rely on them too much.
In both bull and bear markets, when you have a number in mind, it can make you hesitate in your decision — neither selling too early nor buying at the right time. But if I had to specify a range, after the market structure broke in October, I saw the area of 70 – 74 thousand dollars.
At that time, many saw it as a bit far, but after a drop of more than 20 thousand, it became closer to reality. The market always makes us change our convictions 😄
🚨 The biggest lie in crypto? That you must be a bull or a bear.
The market does not want your opinion. He wants your money.
Do you intervene to defend the direction? Congratulations… the chart will teach you manners.
You can believe in Bitcoin. And at the same time, you see that the market is tired and could drop. And you can be pessimistic. But you enter a rebound and exit with profit.
The problem is not in the direction. The problem is in stubbornness.
People gather justifications from Twitter: QE, Federal, gold, news…