"Finally" (a bit painful lol) bitcoin is in a situation that might be a good opportunity to get in and buy at a good price.
As always that's a 50/50 (no crystal ball) but if we are believing to the pump to $30k scenario, then (<$20k) is the technically correct price to buy in low.
There's a bit of earthquake right now in the market (fundamentally), with silvergate crashing and also various banks having liquidity issues and new taxes on bitcoin mining being discussed and other scary situations coming every day, but from a technical analysis point of view this current point is a good risk-reward ratio for a buy (i guess?), we will find out soon for sure!
No financial advice
As always that's a 50/50 (no crystal ball) but if we are believing to the pump to $30k scenario, then (<$20k) is the technically correct price to buy in low.
There's a bit of earthquake right now in the market (fundamentally), with silvergate crashing and also various banks having liquidity issues and new taxes on bitcoin mining being discussed and other scary situations coming every day, but from a technical analysis point of view this current point is a good risk-reward ratio for a buy (i guess?), we will find out soon for sure!
No financial advice
