Significant pullback across Crypto markets. If we hold this range a while I expect the bull trend to continue.
However these are high risk / high reward markets, lower prices and a longer pullback is very possible.
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CARUS-AR is an semi-passive Crypto Strategy investing in the developing blockchain, DeFi, Web3 & crypto space. Website https://carus-ar.com
Significant pullback across Crypto markets. If we hold this range a while I expect the bull trend to continue.
However these are high risk / high reward markets, lower prices and a longer pullback is very possible.
Time for a correction it seems. All previous crypto bull markets had several 10-30% pullbacks, let's see if the uptrend continues and how far we pull back.
To inform, with the markets as they are 🚀 we are just 5% again from our next 'profit take rebalance' price level. (10% higher then previous profit take rebalance)
However the strategy is to have minimum two days between each profit take rebalance.
Should markets continue to move up a lot and on sunday december 8th 2024 we are up let's say 20%, we will simply take our 1.5% profit there (adding 0.5% to BTC and 1% to USD) and our next profit take level will be 10% higher from where we rebalanced.
Happy to have you along for this amazing Crypto ride!
Ah I remember this #crypto period of a bull cycle... It's called UP EVERYTHING.
A nice period... #Bitcoin #Ethereum #ALTS
Thank you, same to you sir.
Keep up the good work! 👍
Finally