Yello, ParadiseClub Members!😎Is the Bitcoin Market Bottom in yet? Let’s break down what’s been happening and what might come next:
💎Throughout this cycle, Short-Term Holders (STHs) cashed in big during three major profit-taking spikes at $28K, $44K, and $72K. But guess what? There’s only been one deep market correction amidst these highs. Seems a bit off, right? The market’s setting the stage for another big shake-up to clear out the panic sellers and noobs.
💎What’s the perspective of our ParadiseTeam Professional Traders? While the newbies have been quick to grab their profits and run, the Long-Term Holders (LTHs) have been playing a different strategic game. They’ve piled up about 1.3 million BTC in cash. This shows that they have plenty of money and can wait for the price to drop to the lowest point before buying more. So, don’t get swept away by the panic selling and noise.
Stay focused, patient, and disciplined, Paradisers🥂
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