Bitcoin 1D Chat Analysis 
2024-12-19
Category: None

Historically after making local top,  CRYPTOCAP:BTC  starting to slow down and there is a significant retracement, we could see  15 ~ 30% correction during that time, also at that point, altcoins started accumulating

When #Bitcoin found its bottom and starting to recovery, this is the begin of altseason where altcoins outperform #BTC and giving bullish confirmations

Our plans so far (not confirmed yet)

-- Add strong utility altcoins at current support (with low exposure and lower than 5% of total balance)

-- Increasing our positions to entire the market at critical support, we will probably chase trending narrative, and started accumulating more altcoins with strong FA & TA  (higher than 30% of total balance)

-- If we get "worse case" when bitcoin dipped at $80,000, we will probably increasing portfolio to 50% - 60% exposure to the market (dollar-cost-average all the tokens we bought)

Current support at $98,000

Critical support at $90,500 & $85,000 

Worse; $80,000