✳️ Siacoin vs Bitcoin | 130% To 455% Mid-Term Potential

Updated
This is a pair we love and like, maybe because it has been around for so long or maybe because we have memories of those huge gains in years past... When there were only few pairs around to buy and trade.

Siacoin (SCBTC) has been growing since the 23rd of October 2023.
It is mapped on the chart as the market bottom/low.

Currently trading above EMA50 weekly and a long lower wick, back to green... This is a strong signal that points towards growth.

The targets can be seen on the chart but remember, the market can always surprise.
It can go higher and for longer than anything we can expect or anticipate... So build a plan where you prepare for the worst and hope for the best.

For example, I can sell portions on the way up, a certain percentage of my stack at each target.
Say I reach 400% or 500% and I am really happy with the results. I don't have to be 100% right so instead of selling all, I leave 20%, 15% or 30% behind... If it keeps on growing and goes more and more, I have some left to enjoy the higher targets... This is just an option, sometimes I can sell everything at 200%, move on and try again.

Different strategies for different people.
It all depends on your capital, your risk tolerance, your goals.

Thank you for reading.
I'll see you on the next one.

Namaste.
Note
We are ultra-bullish on Siacoin right now.
Prepare for massive growth on the BTC pairing (SCBTC) in 2024.
Chart PatternsTechnical IndicatorsTrend Analysis

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