Very posibly yes, as technically we are RIGHT now on the major support and hoping the 40,000 will stand the pressure.
Things have turned nasty after all Fundamentals were against today (Feds last night, Biden coming to regulate, Ukraine crisis etc etc) but ALL THE FUNDAMENTALS are IN FAVOR for the Long term (inflation, digital ear, web-3 etc etc).
So why no? Time to buy but our stop loss is right below the 40,000, just in case.
In the meantime we are still short on Nasdaq as a way to hedge.
One Love,
the FXPROFESSOR
Things have turned nasty after all Fundamentals were against today (Feds last night, Biden coming to regulate, Ukraine crisis etc etc) but ALL THE FUNDAMENTALS are IN FAVOR for the Long term (inflation, digital ear, web-3 etc etc).
So why no? Time to buy but our stop loss is right below the 40,000, just in case.
In the meantime we are still short on Nasdaq as a way to hedge.
One Love,
the FXPROFESSOR
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