Big picture analysis on BITCOIN! (Over 100k)
What is up my Tradingview family! as you know I have been posting bearish charts on Bitcoin in the short term but today I would like to share with you what is happening in the BIG PICTURE.
When I saw a short term correction coming I took profits and reduced risk HOWEVER I never EVER sell 100% of my position on Bitcoin because this is simply stupid considering the big picture trend.. Its better to sell 20% - 30%.
BTC
ETH
I am now in a very good place with a good chunk in the markets and USDT that I have been steadily deploying (AVG DOWN) back into the dip. This is compounding my portfolio!
In the short term a correction could be over OR it could still see one more sharp leg down. (this is why your AVG back into the market) when you sell into FOMO its very nice because the worst case scenario you buy back near or below the price you sold - the best case scenario you buy everything at MASSIVE DISCOUNTS.
In the big picture I expect Bitcoin to reach $90,000 - $100,000 then proceed to FOMO to $230,000 and potentially $250,000 per coin.
This cycle is a repeat of the 2013 2014 cycle (in fractal nature) but can easily FOMO even higher than that one did.
Stay profitable!
When I saw a short term correction coming I took profits and reduced risk HOWEVER I never EVER sell 100% of my position on Bitcoin because this is simply stupid considering the big picture trend.. Its better to sell 20% - 30%.
I am now in a very good place with a good chunk in the markets and USDT that I have been steadily deploying (AVG DOWN) back into the dip. This is compounding my portfolio!
In the short term a correction could be over OR it could still see one more sharp leg down. (this is why your AVG back into the market) when you sell into FOMO its very nice because the worst case scenario you buy back near or below the price you sold - the best case scenario you buy everything at MASSIVE DISCOUNTS.
In the big picture I expect Bitcoin to reach $90,000 - $100,000 then proceed to FOMO to $230,000 and potentially $250,000 per coin.
This cycle is a repeat of the 2013 2014 cycle (in fractal nature) but can easily FOMO even higher than that one did.
Stay profitable!
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