IS ALTCOINS A SCAM - CONFIDENCE LOST FROM ALTCOINS AFTER OM TOKEN BULL RUN will come only in BITCOIN
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00:00Hello, friends. How are you all? I hope you're feeling optimistic with Bitcoin's recent recovery.
00:08Bitcoin is holding steady above $80,000, which is encouraging. However, when it dipped below
00:14this level, many feared it could drop to $50,000. Meanwhile, large corporations and institutions
00:22were actively buying and selling. Let's talk about Michael Saylor.
00:26His company, MicroStrategy, now rebranded as a Bitcoin-focused strategy, recently purchased
00:33more Bitcoin. Similarly, MetaPlanet, often called the Asian MicroStrategy, acquired Bitcoin yesterday.
00:42In total, institutions bought nearly 100,000 Bitcoins, with whales purchasing 200,000 to 300,000
00:49Bitcoins last quarter. Think about it, if you had the power to influence the market, would you buy
00:55Bitcoin at $100,000 or aim for a 20-40% discount? Powerful players often manipulate markets to
01:03suppress prices and maximize profits. Unfortunately, retail investors like us get caught in the
01:10confusion and sometimes sell at low prices out of fear. The first quarter of 2025 hasn't been great,
01:17but three quarters remain, and the signals are turning green. Bitcoin appears stable,
01:22and the broader crypto market is recovering. Now, let's address the OM token, a topic we haven't
01:29covered before but is crucial today. This token plummeted over 90%, from $6 to $9 to $0.37 to $0.60,
01:39in just hours. Many suspect a rug pull or team manipulation, though the co-founder, J.P. Mullen,
01:46insists the team is active and transparent, engaging on platforms like Cointelegraph.
01:53However, questions arise about exchanges like OKEx and Binance. With 90% of OM supply held by the
02:00team and only 10% in the market, such a drastic drop suggests possible collaboration or oversight
02:06failure. This situation highlights the risks for retail investors who bear the losses.
02:12My advice? Avoid fresh investments in OM due to the high risk, though a recovery to $1 to $2 is
02:21possible. If you hold OM, consider holding for a potential rebound but focus on exiting strategically.
02:29Always diversify, allocate 10-20% of your portfolio to crypto, with 30-50% in Bitcoin, 25% in top coins
02:38like Ethereum, Solana, and XRP, and the rest in smaller projects. Speaking of other coins,
02:45Ethereum is holding support at $1,400 to $1,600 and could reach $2,000 to $3,000 in the short term,
02:54offering 50-100% potential. Solana, at $130 to $134, faces resistance but has support at $100 to $110,
03:06making it a good entry point. XRP, supported at $2, shows buying interest and could surpass its
03:14all-time high if Bitcoin continues recovering. Bitcoin's short-term outlook shows support at
03:20$84,000 to $85,000, with resistance at $87,000, 200-day moving average, and $90,000 to $93,000.
03:30Experts predict Bitcoin could hit $150,000 to $200,000 by late 2025, following historical
03:39halving patterns. An interesting development, the Trump administration is considering using
03:45tariff revenue to buy Bitcoin, which could boost the market. Global markets, including the US and
03:52India, are also showing positive trends, supporting crypto's recovery.
03:56To wrap up, stay smart. Research thoroughly, manage risks, and diversify your portfolio.
04:05Don't let emotions drive your decisions, learn from market cycles like the 2020 crash and recovery.
04:12Consult a financial advisor before investing, as I'm not the one.
04:16See you in the next video with fresh analysis. Stay safe and trade smart.