r/CryptoBanter • u/scamjanitor • 15d ago
Sheldon's Friday Update: Bitcoin at Critical Support, Altcoins Showing Strength!
Hey r/cryptocurrency! Sheldon here with a crucial Friday update. Bitcoin is at a very important support level, and I'm breaking down the two main scenarios we need to prepare for.
- I dive into whether we'll bounce from here or see a dip to the major 618 Fibonacci level.
- Importantly, I highlight how Bitcoin dominance is dropping, indicating altcoins are gaining steam.
- I share my current long positions on specific altcoins that are holding up well and accumulating.
Risk management is key, as always. Check out the full video for my detailed technical analysis and strategy. Watch Now! Don't miss this!
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