@Jin S Chun these are simple, simple market dynamics. From a bigger picture typically 3 to 6 months after that halfing we tend to be a little soft and then we takeoff, but that’s not a promise that this cycle will be the same. Does this help? By simple market dynamics I mean there are people who bought lower and want to sell or people bought higher and get scared out of their position.
@Jin S Chun i subscribe to the fact that it’s all found in technical analysis so while I do analyze news , I’m more looking for fundamental shifts that could change the trajectory of demand. To me the demand is growing plus regulatory clarity lead to continued demand acceleration. This is a 7-10+ year trade in my honest opinion. Possibly one of the biggest in our lifetime. That’s why position sizing which leads to better emotional management is the key…
What strategies do you employ to navigate the volatile nature of the crypto market while ensuring long-term growth and sustainability in your portfolio?"
New all time high for Bitcoin held by ETFs… Seems like a little foreshadowing to me. Looks like if we hit the $72-$73k range we will see a pop due to record number of shorts in the books. Always be cautious , markets find a way to be more tricky then anticipated in the short term..