BTC - More Downside Coming
I do my best to only trade longer term trends. My last post was during the last bottoming event for Bitcoin when I was accumulating. In my opinion there's two scenarios here. We bottom out in the 5k range and bounce or Bitcoin breaches the 3200 low from last year and we destroy a lot of peoples hearts in the process. I've set my first two 25% short term buys for BTC, one of them has already been hit. I will evaluate market conditions if we break below 5k and publish where my final two buy targets will be.
註釋
I also forgot to mention the notch in the Volume Profile in the 5k region which is another reason why I see us moving lower.
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