So BTC is now on it way down , weak hands tend to fold , smart folks wait to the point where to buy it again..
in all last cycles of bit it went down to 75-80 % of the peak
so this point in this cycle is around 16000$
20K is psychological barrier as bellow it real panic will start, so I expect that the bulls and bears will have strong fight here
so my long term strategy is
to buy around 20-21k first buy (small buy) , if bulls win I will buy the trend up more /
if bears win then to buy second buy around 16000 (larger buy) . the BTC is expected to do new cycle once it stabilized
once it will do it the real profit will be in the Shit coins which will act as leachers once the BTC regain strength .
So with the BTC as we learn in the past . every time they dump it there is a new bull cycle waiting to happen..
in all last cycles of bit it went down to 75-80 % of the peak
so this point in this cycle is around 16000$
20K is psychological barrier as bellow it real panic will start, so I expect that the bulls and bears will have strong fight here
so my long term strategy is
to buy around 20-21k first buy (small buy) , if bulls win I will buy the trend up more /
if bears win then to buy second buy around 16000 (larger buy) . the BTC is expected to do new cycle once it stabilized
once it will do it the real profit will be in the Shit coins which will act as leachers once the BTC regain strength .
So with the BTC as we learn in the past . every time they dump it there is a new bull cycle waiting to happen..
Trade active:
all go as plan :)
now there is break of falling channel if all go ell 32k is next target
now there is break of falling channel if all go ell 32k is next target