Red_Ben

Buy Every Bitcoin Dip

Long
KRAKEN:BTCUSD   Bitcoin
Bitcoin has been in a retracement pattern, resting from the bull run last summer. That retracement appears to be over. Bears are covering. The name of the game now is find a lower-time frame BEARISH/sell setup and BUY IT. The stuck bears will cause Bitcoin to once again seem to rise for "no reason." Every time it looks like Bitcoin is about to roll over, it will recover and run some more. This is the beginning of the next bull phase. This is where you buy every dip. First bull target is around 9k. 10.4k will be more interesting. Selling on rips and buying on dips shorter term is probably profitable, but I plan to simply add on dips and HOLD. LONG.

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