Crypto Rob Art
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MARKET UPDATE - 10TH OCTOBER, 2024
🕑 Added 2024-10-10 18:45:28 +0000 UTCHello my friends,
It’s been months since we noticed that BTC has been making lower lows and lower highs on the macro, but most importantly we saw that it failed to make a higher low and made a lower low when it struck $48,000. That’s been a big deal historically.
Ever since then, if you would please kindly open the chart that’s attached, you’ll see it has failed to reclaim a higher high and then another one, which is at $71,000 and which serves as a technical confirmation of a reversal.
There are no technical signs of a reversal. Yet. That’s why I have been so keen on taking some profits earlier than planned. History doesn’t repeat itself but it often rhymes. In the past, BTC crashed roughly 75% from the peak whenever a higher low failed to hold and a higher high wasn’t made.
That’s why I want to be prepared with partial profits and money made off profits if history does rhyme again. If not, we have enough coins riding. But if yes, we need to have capital to deploy without injecting new money into the market. To make sure we can play the potential (nothing is guaranteed) crash and the bounce that follows as a hedge.🤜🏻💚🤛🏻
If you have questions, please let me know.
Comments
CG12345
?????
CG12345
"Meaning I’m fully out of BTC and ETH much earlier than planned" Do i missed where you sold BTC? Could you please tell me?
Tania Chavez
Hi Rob! I would love to help build a 99-tier spreadsheet! I was just wondering if you could send me the one you have so I can build on that! Thanks!! (I've messaged you on twitter too :) )
Broadbillin
Can’t see the last post, got a notification but when I go to view it It is not there
Donkeymagic007
You think it’s safe to start accumulating alts at the minute? Lots at lows or wait for lower?
Masteron-blade
Yes let's do that.
Rob Art
Cheers M, hope you’re doing well. Need to spark up a LIVE one of these days🙂💚
Masteron-blade
Thanks Rob, for the update.
Rob Art
🫶🏻🙂
Ste Doherty
💪💪
Rob Art
lol😂
EllTee
When moon? Sorry I had to. Lol.
Rob Art
Cheers my friend🤜🏻💚🤛🏻 Hope you are well)
Sead Memedi
Thenk you bro for the update 🤜💚🤛 Let’s wait and see what the market gives us and I’m much happier if the market gives us a good chance and improve our entries Thank you for your support 🤝
