Dear people,
It has been a while i posted a chart.
Over here it's all good, sold most of my crypto between may and dec 2021.
Some to soon some to late, but never the less all in impressive profits.
Right now i am just watching the market and making plans to buy back in.
That is where i seem to get lost in the current sentiment, i simply don't get how the longer term (cycle) traders are thinking of buying at current prices......
Yes we can go to 100k from here (i don't believe we will but yes we can), that is only a 2.5x from here.
All i do for now is watch the blue line on my chart, that line connects all the bottoms so far.
As we dump now it would be to around 6.5k, as we dump more towards the next halving it's around 7.5k
For alts, that market will likely crash 95 to 99% from the highs of this cycle.
If you daytrade, just ignore me, i get it you buy and sell all week long.
If you cycle trade, just let this sink in and think if the current level or the 30k level is a good buy as you look back at history
And no no this still is no financial advice, just be carefull out there and make some money.