BTC setting up for potential break out
BTC seems to be preparing for a potential breakout, a situation quite similar to one that Exxon Mobile experienced years ago. I'd like to emphasize that comparing charts is not generally fruitful, so I use this example for illustrative purposes only. The strengths, characteristics, and timing of crypto and stocks are fundamentally different and should not be directly compared.
Initially, we must undergo a period of minor accumulation where the market remains fairly stable, but the movement is oriented in one direction. My strategy involves patience - waiting until the majority of the marked lines on the chart are breached. It's critical not to invest fully at once. I prefer to begin by investing a cautious 25%, and then incrementally scale up my stake as the market progressively moves in my favor.
Initially, we must undergo a period of minor accumulation where the market remains fairly stable, but the movement is oriented in one direction. My strategy involves patience - waiting until the majority of the marked lines on the chart are breached. It's critical not to invest fully at once. I prefer to begin by investing a cautious 25%, and then incrementally scale up my stake as the market progressively moves in my favor.
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