It is time to ask yourself if you are a trader or a HODL'er of #Bitcoin
I know I get more engagement with bullish posts but
BTC
is up 200% over a very short period (13.5 months) and I did post entries as low as $17,000.. and called buying dips all the way to
42K
Bitcoin could easily continue up to new ATH right now... but a pullback here is VERY likely based on a plethora of indicators and TA:
- Fibonacci Golden Zone (0.50-0.618 hit)
- Halving cycle PA (price always dumps around the halving date)
- The distance from moving averages crossing
- Macro environment
- Liquidity constraint levels coming (Reverse Repo to be drained to zero and BTFP supposedly ends for banks free money printer in March)
So if you just DCA spot Bitcoin and sleep like a baby at night.. good for you! HODL and ignore this post. Long term going to the moon.
However, If you are here trying to buy low and sell high, this is an area to take profit, not hope for 300% gains.
All of that said, I am not shorting Bitcoin... this is a pullback post. I think all markets will struggle up to end of Q1 with a massive dump around March when RRP is fully drained. We shall see.;
I know I get more engagement with bullish posts but
BTC
is up 200% over a very short period (13.5 months) and I did post entries as low as $17,000.. and called buying dips all the way to
42K
Bitcoin could easily continue up to new ATH right now... but a pullback here is VERY likely based on a plethora of indicators and TA:
- Fibonacci Golden Zone (0.50-0.618 hit)
- Halving cycle PA (price always dumps around the halving date)
- The distance from moving averages crossing
- Macro environment
- Liquidity constraint levels coming (Reverse Repo to be drained to zero and BTFP supposedly ends for banks free money printer in March)
So if you just DCA spot Bitcoin and sleep like a baby at night.. good for you! HODL and ignore this post. Long term going to the moon.
However, If you are here trying to buy low and sell high, this is an area to take profit, not hope for 300% gains.
All of that said, I am not shorting Bitcoin... this is a pullback post. I think all markets will struggle up to end of Q1 with a massive dump around March when RRP is fully drained. We shall see.;