BITCOIN Everything between 10.5k and 9k is a buying opportunity.
Hello, everyone.
So everything in the highlighted range is a buying opportunity as the past has showed before. However we're at the bottom part at the range right now, and we could we the price go lower to 9.3k or so, and it looks more probable than not at this point. However if we were to look at the grand scheme of things whether you buy in at 10k or 9k DOES NOT make any difference in the long run. So if you're interrested in BTC and the whole crypto space now is the time (If you haven't already) to buy everything you're interrested in and put it away for 18 months for so... Which for investing is a such a term that it just silly. Yet with the volatility that bitcoin has. Most will never hold through this period.
So if you have shaky hands and want to play around, waiting for a buying opportunity at about thousand bucks lower would make it worthwhile. However it is not guaranted.
This is what a long term perspective looks like
This perspective has pretty much stayed the same for me since the peak in 2017, when everyone was calling the bottom @ 6k, i've been saying 3k is where the target was.
You can see it here:
You can also check out my latest Bitcoin ideas which have been spot on.
But if you want to really understand what going on, some macro framework is needed, that why from time to time I also check out Stocks, Dollar, Gold etc.
So everything in the highlighted range is a buying opportunity as the past has showed before. However we're at the bottom part at the range right now, and we could we the price go lower to 9.3k or so, and it looks more probable than not at this point. However if we were to look at the grand scheme of things whether you buy in at 10k or 9k DOES NOT make any difference in the long run. So if you're interrested in BTC and the whole crypto space now is the time (If you haven't already) to buy everything you're interrested in and put it away for 18 months for so... Which for investing is a such a term that it just silly. Yet with the volatility that bitcoin has. Most will never hold through this period.
So if you have shaky hands and want to play around, waiting for a buying opportunity at about thousand bucks lower would make it worthwhile. However it is not guaranted.
This is what a long term perspective looks like
This perspective has pretty much stayed the same for me since the peak in 2017, when everyone was calling the bottom @ 6k, i've been saying 3k is where the target was.
You can see it here:
You can also check out my latest Bitcoin ideas which have been spot on.
But if you want to really understand what going on, some macro framework is needed, that why from time to time I also check out Stocks, Dollar, Gold etc.
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