60% of our portfolio we dont touch, because we're still LONG in the longterm.
Prepare for a bounce testing the 10650-12000 range.
folks thats your last chance selling before we go 5-6k btc.
BTC will still go lower, it needs to double test the bottom before we got really confirmation of the BOTTOM, this will take TIme (up to 2 months)
The Volume, The Volume is the key factor to watch. we still need a bottoming volume! around 3000-5000$ is a good accumulation range.
can bounce up to 50% up from there.
Also NOTE, in 2013 correction we went down 40-50% down from the SMA 200 , MA 200!
thats how i come up with 3k-5k
Note2: -20% fib 0.236 is a perfect buy range, 2,5k to 3,5k
The price will level out end of februar - Mid March.
Expect the correction to be over starting april
I have intel that news will come tomorrow to press Btc further down.
Right now, im selling about 40% of my trading stack (thats around 30% of my whole Crypto investments) my core portfolio i wont touch as mentioned before.
looking forward for he 10k(200days moving average) and 11800 $ trendline.
sit back and be patient. dont fomo in for now guys
Otherwise everything can happen, 5000k $ or 10000k$. who knows ;:) u have to go with the market
My main Core position with 70% i dont trade, just hodl.
SEC is after ICOs. The only two positive remarks of 'avoiding over regulation' and 'protecting innovation' will not be enough. When this is all reported by the media in any way, no normal investor will bring their money until regulations are in place. Hence this brings the whole thing to square one. Carney's statement is basically not enough.
I live in UK by the way ;)