Timothy Assi
๐Ÿฏ๐Ÿฏ-๐— ๐—ผ๐—ป๐˜๐—ต ๐—ช๐—ฎ๐—ฟ๐—ป๐—ถ๐—ป๐—ด: ๐—ช๐—ต๐˜† ๐—ง๐—ต๐—ถ๐˜€ ๐—–๐—ผ๐˜‚๐—น๐—ฑ ๐—•๐—ฒ ๐—•๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป'๐˜€ ๐—Ÿ๐—ฎ๐˜€๐˜ ๐—–๐—ต๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—•๐—ฒ๐—ณ๐—ผ๐—ฟ๐—ฒ ๐˜๐—ต๐—ฒ ๐—•๐—ฒ๐—ฎ๐—ฟ After months of steady gains and a five-month green streak, many traders are asking: Are we near the top? How much higher can this go? And how do we avoid getting caught when the music stops? Let me break down what the charts are telling us and share thoughts on managing risk as we potentially approach the final stages of this cycle. ๐—ช๐—ต๐—ฒ๐—ฟ๐—ฒ ๐—ช๐—ฒ ๐—ฆ๐˜๐—ฎ๐—ป๐—ฑ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—Ÿ๐—ผ๐—ป๐—ด-๐—ง๐—ฒ๐—ฟ๐—บ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฃ๐—ต๐—ฎ๐˜€๐—ฒ We're sitting on month 33 of what's typically a 48-month run, with the top usually hitting around month 36. That means we've got roughly 3 months left before this thing peaks. The current phase sits at about 18 weeks in. This isn't early, but also not late. Even though we're working on a five-month green streak, we've seen the classic setup that typically happens at the tail end of these runs. If Bitcoin doesn't get that move higher, there are still around 12 weeks left to drop down into a low around the 30-week mark, due in November. From there, we'll monitor if Bitcoin has another surge to continue this bull market into early next year. ๐—ฆ๐—ถ๐—ด๐—ป๐˜€ ๐—ผ๐—ณ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—˜๐˜‚๐—ฝ๐—ต๐—ผ๐—ฟ๐—ถ๐—ฎ Make no mistake, there are signs of euphoria: - Treasury plays running for months - Meme coin craze dominated earlier this year - Multiple hype phases and speculative bubbles - Altcoins haven't joined the party yet (but probably will) We haven't seen full speculative madness in the old coin space yet. I think we'll see it in the tail end of this bull market. ๐—ง๐˜„๐—ผ ๐—ฃ๐—ผ๐˜๐—ฒ๐—ป๐˜๐—ถ๐—ฎ๐—น ๐—ฆ๐—ฐ๐—ฒ๐—ป๐—ฎ๐—ฟ๐—ถ๐—ผ๐˜€ Scenario One - December Top: Bitcoin pushes from current 120 levels up to 140-150 range by December Game plan: Start taking profits at 140, sell heavily at 145+ Scenario Two - Extended Rally: We pull back first to 100-110 levels this fall Then one massive surge through early 2025 to 160+ levels by March Game plan: If we drop to 100-110, load up again. Take some profits at 150, but hold majority for the big move Either way, we're getting close to the end. We either peak around 140 in December, or see one more major dip before real fireworks early next year. ๐—•๐˜‚๐—น๐—น ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฃ๐˜€๐˜†๐—ฐ๐—ต๐—ผ๐—น๐—ผ๐—ด๐˜†: ๐—ง๐—ต๐—ฒ ๐——๐—ผ๐˜‚๐—ฏ๐—น๐—ฒ-๐—˜๐—ฑ๐—ด๐—ฒ๐—ฑ ๐—ฆ๐˜„๐—ผ๐—ฟ๐—ฑ Here's the thing about bull markets. Everyone gets greedy, but not how you think. People aren't afraid of losing money. They're terrified of missing out on even MORE money. The Good Side: This helps you hold winners longer instead of selling too early. The Dangerous Side: You see someone bragging about their 500% NFT gain, and suddenly you're FOMO buying at the top. What to Watch Out For: Don't chase pumps: If it's up 100% in 5 days, you missed it Social media = danger: When everyone's talking about it, it's too late Leverage kills: One 30% drop and you're liquidated Here's What Happens: Your portfolio is pumping. Your alts are amazing. You think "I'm a genius, let me add more." So you borrow money or add leverage. Then boom. Bitcoin drops 10% in one day. Your altcoin drops 30%. If you're leveraged, you get liquidated instantly. All those paper gains? Gone in hours. The Bottom Line: Stay hungry enough to hold your winners, but not so greedy that you blow up your account chasing the next shiny object. Thanks for reading. $BTC $ETH $SOL $XRP $PENGU
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