If You Don't Own BTC ... Buy The Dip !!!

By ridethepig
Updated
With treasuries below inflation for only the second time ever in history (btw first time happened at the end of 2016 before monetary tightening). Global CB's are co-ordinating easing this late in the cycle makes it a matter of 'when rather than 'if' BTC will explode. This is the perfect environment to be adding on the dip, and a must have for all portfolios! My readers following on this swing will remember trading the lows:

The Waiting Game

BTC ... The waiting game


Marching Troops To The Border

BTC - Marching Troops To The Border...


Destroying The Defence

ridethepig | BTC Destroying The Defence


Seizing A Breakout

Bitcoin - Seizing a Breakout


Flirting With A Break of $10,000

ridethepig | BTC Flirting With A Break Of $10,000 !


On the short-term flows it was crystal clear we would get the retrace as soon as Tokyo and NY offered the open, we lost the highs with a fresh breakdown. This dip is a buying opportunity as highlighted in my latest idea:

ridethepig | XBT Market Commentary 2020.02.13


...As usual thanks for keeping the support coming with likes, comments, charts, questions and etc! Jump into the comments with your views!
Comment
Tracking 9350 on the day to start building longs this week snapshot
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