BitcoinLong
Buying Bitcoin
With the bearish push on Bitcoin, price had hit a key liquidity/support level I've been eyeing on the Daily chart, around $53,550. Price then printed a bullish engulfing candle, which triggered my buy signal.
This is where more capital was invested with this market sell off. If price continue to make lower lows, I'll continue with this method on waiting for a bullish engulfing candle pattern to begin DCA as we push down.
You don't want to catch falling knives, wait for the knife to hit the ground, then pick it up by it's handle.
Happy Investing!
This is where more capital was invested with this market sell off. If price continue to make lower lows, I'll continue with this method on waiting for a bullish engulfing candle pattern to begin DCA as we push down.
You don't want to catch falling knives, wait for the knife to hit the ground, then pick it up by it's handle.
Happy Investing!
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