Today I did the DCA into BTC at 16850
There is bullish divergence that has printed, and i feel like the markets are oversold.
I believe that we may have some more downward momentum, but there are also a lot of macro factors that suggest that there is more than can go right for bitcoin than wrong
This graph shows the levels i plan to DCA into bitcoin at.
Note the 6 months after the halving time horizon, i plan to be fully invested.
I may decide to DCA harder once we break the trendlines on a confirmation
The green box shows my ideal buy area, however i will be DCAing between the 618 and 786 fib levels if we stabilize that high
There is bullish divergence that has printed, and i feel like the markets are oversold.
I believe that we may have some more downward momentum, but there are also a lot of macro factors that suggest that there is more than can go right for bitcoin than wrong
This graph shows the levels i plan to DCA into bitcoin at.
Note the 6 months after the halving time horizon, i plan to be fully invested.
I may decide to DCA harder once we break the trendlines on a confirmation
The green box shows my ideal buy area, however i will be DCAing between the 618 and 786 fib levels if we stabilize that high