Crypto Market Monthly Chart
The Crypto Market Cap can offer great perspective for long term swing trade entry and exits into BTC and ETH, and should be watched closely as this market develops.
There is a clear time pattern which would suggest that you should have your position or at least be DCA'ing now into the reliable market participants BTC and ETH.
You should have a position size that would allow you to withstand volatility down to €17k and not exit the trade, you should have a position you wont exit until mid 2025.
The 10 month moving average is also turning up and moving in the right direction again, as it did during the orange "Get Ready" periods historically, these were good entry periods.
With a recession looking very probable in the next 6 - 18 months (as the yield curve has started to un-invert), it is important to recognize that we might have a March 2020 style correction for the Crypto Market Cap, thus I have overlaid that bull period (Jun 2019 - Nov 2021) onto the chart as a projection of what may be possible. It would not surprise me to see a correction of this magnitude down to approx. €17k, do i expect to happen? NO! but we have to be open to the possibility, especially with the high probability of a recession over coming 6 - 18 month period. Thus it would be wise to position accordingly and potentially have a little powder on the sidelines. Regardless, you should have your core position in place or be getting it in place as there is likely a 29 month period of upwards trajectory incoming and all you truly need is to maintain your emotions and practice patience until mid 2025.
Good luck on your 29 month trading journey, stay focused on time and patience.
The Crypto Market Cap can offer great perspective for long term swing trade entry and exits into BTC and ETH, and should be watched closely as this market develops.
There is a clear time pattern which would suggest that you should have your position or at least be DCA'ing now into the reliable market participants BTC and ETH.
You should have a position size that would allow you to withstand volatility down to €17k and not exit the trade, you should have a position you wont exit until mid 2025.
The 10 month moving average is also turning up and moving in the right direction again, as it did during the orange "Get Ready" periods historically, these were good entry periods.
With a recession looking very probable in the next 6 - 18 months (as the yield curve has started to un-invert), it is important to recognize that we might have a March 2020 style correction for the Crypto Market Cap, thus I have overlaid that bull period (Jun 2019 - Nov 2021) onto the chart as a projection of what may be possible. It would not surprise me to see a correction of this magnitude down to approx. €17k, do i expect to happen? NO! but we have to be open to the possibility, especially with the high probability of a recession over coming 6 - 18 month period. Thus it would be wise to position accordingly and potentially have a little powder on the sidelines. Regardless, you should have your core position in place or be getting it in place as there is likely a 29 month period of upwards trajectory incoming and all you truly need is to maintain your emotions and practice patience until mid 2025.
Good luck on your 29 month trading journey, stay focused on time and patience.
評論:
Have you the patience and emotional stability to hold for 29 volatile months for a potential modest 2x or 3x?
