Taking 75% Profits on the previous Short Call while looking for Zones to DCA into #Bitcoin long-term.
Is #Bitcoin currently on a Buy Zone according to your personal opinion !
Will previous All Time High from 2017 at 19.600$ act as Support ?
Or a Double Bottom at 17K will provide the utmost strongest support for #Bitcoin ?
Is Bitcoin about to fall on even lower levels then 17K ?
Which ever the case, #Bitcoin is sitting at a comfortable buying area keeping in mind the long term perspective and it's prosperity for the what the future holds.
Some speculate Bitcoin as a very risk asset to hold at 20K in the midst of Troubled Macro-Economics and Geo Political issues going on.
This hypothesis is valid when it comes to argumentative points given by those who see Bitcoin expensive at 20.000$, as they sit on cash and wait the anticipation of lower prices for their fair share of participation over their SATS positions.
TRADE SASFE
Note that this is not Financial Advice!
Please do your own research before placing any trades based upon this idea alone.