with this post I would like to warn you to take care. Under $3450, we would most likely see another low. That does not mean that I changed my long term opinion. Also, I never said that we will not drop anymore. I say what I see. If we see lower prices I will buy more as promised. I am very bullish long term and will still hold my bags here - does not matter how many people say Bitcoin is death. Anyone who thinks the crypto market will not go up again, will miss the next bull run. One reason for this is that the entire market has formed a corrective structure. From a psychological point of view, this means that we will see higher prices again in the future. I rarely promise anything to others. But if I can promise something, then it is that the market will be bigger than it was in December/January last year. Bitcoin will be worth more than $20,000 again. It is only the question of time. Remember, do not get too greedy and eventually enter the market in these areas. We will not see such prices soon when the bull market starts.
That's it from me. I wish you a nice day :)
For those who do not know me, here are some btc and alt ideas from the past:
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Sorry for the little mistake. Of course it means 'will' and not 'wil' :)
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For now it looks good. Also some alts started pumping. Even though I would be more pleased with cheaper coins, I have no problem with another upmove. In the case of a new low, my money is ready to buy more ;)
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Turning more and more towards bearish. Because the market only went sideways, people think again that would be the bottom. Lets see how long this sideways thing will take. As soon as it ends I will post a new idea.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.