Laddering buys down to BTC bottom. Next price target? ~$2k
Since the descending triangle pattern was confirmed, we've had 3 price targets that have hit with wicks. 1st target was $4500 level, 2nd was $3300 level and 3rd target is 2k level where we have a lot of support. There's no guarantee for 2k to hit but I will definitely be doing the bulk of my bear market buying down in the mid to low 2k region. I see no reason for this thing to go lower unless another long-term pattern presents itself.
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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.