Dec '24 • Market updates
BTC update
The first significant pullback is likely to occur around the 110K level, as we're starting to see some signs of weakness forming in the higher timeframe indicators. For me, this marks a sensible point to begin de-risking and gradually rotating into safer assets. This aligns with the approach I've been discussing for the past few weeks, and I intend to stick to my strategy as I always have. While there's a lot of euphoria and hype right now, staying level-headed remains crucial—just as we did in August and September when many were panicking. At that time, I confidently stated that I was accumulating and increasing my portfolio risk without hesitation.
Stay tuned and spread the word.
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BTC update
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