BTC Consolidation Period
BTC Consolidation Period, Looks like were set to bounce around 11k - 
13K for 2 -3 Months while the markets wait for the next move. Long term trades (6 months - 1 year) would be a good entry point right now. You might be lucky enough to get some more BTC at $10,000, but honestly is the extra 10% return worth missing out on 60%+?
If BTC only goes back to 20k ATH and then goes into the next bear market, do you think the risk of a long entry of 10k vs 11k is that critical?
...Crypto Market Cap WILL ONLY INCREASE. 5 year holders will realize how much buying power they truly possess. Holder's through the NEXT Halving will AGAIN BE REWARDED FOR LONG TERM PATIENCE & CONTROL
RSI Confirmed over extended on Bullish Price Action
- does this confirm a strong bull? Or a correction is soon?
Green Dot Line - Support line from 2019 support/resistance around 11k
Red Dot Line - Resistance from around the same period in 2019 around13K
Every "$1,000" is a new price discovery benchmark that crypto seems to follow
Yellow Dot Line - Trend Since Inception, Only fell below this 2 or 3 times, with a quick recovery. 10k BTC is the cheapest you will find it for awhile.
13K for 2 -3 Months while the markets wait for the next move. Long term trades (6 months - 1 year) would be a good entry point right now. You might be lucky enough to get some more BTC at $10,000, but honestly is the extra 10% return worth missing out on 60%+?If BTC only goes back to 20k ATH and then goes into the next bear market, do you think the risk of a long entry of 10k vs 11k is that critical?
...Crypto Market Cap WILL ONLY INCREASE. 5 year holders will realize how much buying power they truly possess. Holder's through the NEXT Halving will AGAIN BE REWARDED FOR LONG TERM PATIENCE & CONTROL
RSI Confirmed over extended on Bullish Price Action
- does this confirm a strong bull? Or a correction is soon?
Green Dot Line - Support line from 2019 support/resistance around 11k
Red Dot Line - Resistance from around the same period in 2019 around
13KEvery "$1,000" is a new price discovery benchmark that crypto seems to follow
Yellow Dot Line - Trend Since Inception, Only fell below this 2 or 3 times, with a quick recovery. 10k BTC is the cheapest you will find it for awhile.
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