dotcom880

BTC: Keep it simple and follow the cycles

Long
dotcom880 Updated   
BITSTAMP:BTCUSD   Bitcoin
I posted this idea roughly 60 bars ago, and a reminder came in my to-do list today.

My expectations were on the peak that it would take 60 bars or so to reach the low point.

Now we are there.

The Mayer multiple is low (0.6).
Cycle Top a while back (60 bars).
Fear and Greed in Fear.

What other signals could you need for a volatile asset like BTC?

Going long and hodl till late 2024/25, perhaps longer.
Comment:
A buy from $22.5k is spectacular if you can get it
Comment:
Note: the marker is at 23-05, +/- 5 days.
I expect a little further drop before making the buy.
Trade active:
He bought.
Trade active:
He bought more bags
Comment:
If drop below 20$K insta buy, spectacular deal
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