BTC Macro
Keeping this as simple as possible from the Monthly. 4 year cycle with the Halving created nice symmetrical triangles that have been continuation patterns.
Imo BTC continues to have bottomed back in Dec '18 and I believe it finally put in its higher low in March at $3,800. Albeit in a way I certainly did not expect...but definitely was capitulation! I saw a lot of people actually sell the bottom and start calling for 2k and during this whole run up from $3,800 everyone was and still continues to be bearish waiting to buy in lower. Deja vu. This is exactly the same run up we had last year when it pumped during April Fool's Day still a great joke whales...anyways I'm bullish short term until end of June. June 20-25th as strong days to either be out of the market or sell, because we are in for a pull back during the Summer. I'm targeting end of August/September 2nd for the 6-7k area as a nice final buying opportunity before the real fun starts.
Best advice I can give is to dollar cost average anything in the 6-7k range aggressively. I already did the majority of my buying during capitulation at $4,800-5,400 :-)
Imo BTC continues to have bottomed back in Dec '18 and I believe it finally put in its higher low in March at $3,800. Albeit in a way I certainly did not expect...but definitely was capitulation! I saw a lot of people actually sell the bottom and start calling for 2k and during this whole run up from $3,800 everyone was and still continues to be bearish waiting to buy in lower. Deja vu. This is exactly the same run up we had last year when it pumped during April Fool's Day still a great joke whales...anyways I'm bullish short term until end of June. June 20-25th as strong days to either be out of the market or sell, because we are in for a pull back during the Summer. I'm targeting end of August/September 2nd for the 6-7k area as a nice final buying opportunity before the real fun starts.
Best advice I can give is to dollar cost average anything in the 6-7k range aggressively. I already did the majority of my buying during capitulation at $4,800-5,400 :-)
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