StevenRodas

Bullish Cross On The Mayer Multiple

Long
BNC:BLX   Bitcoin Liquid Index
The Mayer Multiple has proven over time to be a relatively good signal to get back into cryptocurrencies, also based on BTC making higher highs, I feel now is a good time to buy a big chunk of bitcoin, if we do continue to go lower, which is possible I will hold onto my coins but be accumulating throughout next year. Although I do not feel we will go below 6,000 (Although I hope we do) but if we do I will be looking to buy another chunk of bitcoin at around 4k. My Target if we go to new highs would be around 360,000 in 2 -3 Years from now but I will be reevaluating my sells based on how fast or slow the market moves and other indications that may appear along the way.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.