Bitcoin #BTC Update 

Technique: 

 - Moving within the downtrend (from January 20);
 - Performed a retracement of the entire trend (from 05/08/24) to 0.50 ($79294) Fibo;
 - Got a reaction from $76600 (where the price run-up to the new ATH started from);
 - Primary volume (POC) is positioned at $96500 and acts as resistance;
 - RSI on the daily timeframe is in the bearish zone;
 - In the VRVP profile, the price is in the near term weak retracement zone;
 - Funding is negative;
 - Liquidations for the day = $954 million (with $252 ETH)

Another decline to $72100 is missing for a nice climax. In that case we will get a correction of the whole upward movement to 0.618(72144$) on Fibo, and a re-test of the previous highs 

About my positions: 

The overall market is already in a state of capitulation and prices look attractive. On this decline I bought everything I had planned (XRP XLM ADA HBAR APT DOT LINK SOL). The total drawdown on the instruments is now 10-30%.

L2 + memes were in the ass this year. I am not talking about portfolios at all, the drawdown ate up all the profit for 2024. But these are the rules of the game, we chose it ourselves

I don't plan to accumulate anything else, by good account if you already want to accumulate it is better to wait for market growth, or just wait for the fall (it is statistically the best period).
#BTC