Its Alts Session Now! BTC ETF Postponed.

Hello guys, I hope you are doing amazing?

BTC is dead? HELL NO!!!

Here are you the proof! The proof that buyers are there but the difference between big buyers and crowd is that big buyers are patient they will never FOMO.

Is this the end of the correction? BTC touched bottom? The days ahead will show but this day and last couple of days are proof! The proof that I was waiting for! BTC is not dead, buyers are there but just waiting for right moment.

BTC update:https://www.tradingview.com/x/6nCA87MD

You can check here where is the area where most of the market will try to reenter or enter long position. Do I think that this area will be reached? Probably YES! Never let your emotions and current situation to distract you from overall trend. Every uptrend is made from big up moves and small down moves. So, uptrend is not up move without any correction!

Now it is time for ALTs. Most of them willl make 20% at least once BTC starts to retrace a little bit. I am bullish on BTC as long as we stay above 7800 area. Breaking down to 7500 and lower would require a lot of buyers to break the resistance that will be around 7800. It is not impossible but if bulls want to pump BTC even more, they wont let it to reach 7500 and lower in my opinion because it would create negative atmosphere in the market and it would be very hard to change!

But again, do not forget that we are at 8k. It is not 18k but 8k. Last time we were at this level it was totally different atmosphere. We were falling down and market was red for weeks. So, we are currently in very nice up move but do not forget that it is still just 8k and for confirmation that bottom is reached we need at least 10k.

So, if you want to buy, wait for pullback and then buy. Target for that up move could be different but at least test of 8400-8500.