I published my last article when Bitcoin broke the last hope for a rise by breaking MA50, with the bounce confirmed from the resistance zone 98–101.
Since then, I have been confirming that what we see are not new peaks, but just bounces within a downward trend.
We have been at Beer Market since October 6, and all the rises that occurred were:
Distribution
Temporary bounces
Just attracting liquidity
Currently, Bitcoin:
Entered a downward sub-trend
And it started to align with the general downward trend
There is no hope for a great rise at this stage
The correct strategy now:
Speculation only
And focusing on Bitcoin and Ethereum
With a clear goal and strict stop loss
As for investment? ❌ Not suitable now
$XRP Waiting is until the expected bottom of the bear market on 2026/10/19.
I had warned that hope ended at the 91–90 areas,
And now the target has become 71–68.
Any upcoming rebound: ➡️ An exit opportunity, not an entry opportunity.
This is a personal effort, I may be right or wrong,
And managing risks is your responsibility first and foremost.$BTC
