Part 8/9:
Beyond Bitcoin and altcoins, Meron underscored the importance of looking at the larger equities market. He pointed out that the S&P 500 is testing a long-term line of resistance dating back several decades, indicating a pivotal moment that could influence asset prices across various sectors, including cryptocurrencies.
In light of current market conditions and volatility levels, Meron urged investors to prepare themselves mentally and strategically. He reminded his audience of the value of locking in profits and maintaining discipline in trading strategies, emphasizing that historical data suggests many successful investors are those who managed their positions wisely rather than holding onto assets without a strategy.