Two strategies for Bitcoin
Yesterday we saw the first minor correction for BTC, just exactly as we have been commenting since Monday. There are no reasons to panic...so don't panic sell, don't panic buy either. Just patience and let's stick to the plan. Reminder:
đź”” I think we are still due for a minor correction and is when I'm planning to start entering. I'm thinking about two scenarios.
A) Minor correction slightly sub $20,000 or around it. Consolidation there and further continuation.
B) If the first correction feels heavy we might have a further one to the main horizontal support around $18,500
đź“Ť My strategy is to try DCA in both, super slowly. I don't want to drain liquidity. Which means even if both targets are met you don't go all in. You wait and add partials. Add some first, some during consolidation, some at reversal confirmation....and even after all that you should have at least 50% liquidity remaining for altcoins, IDO's, major events...etc.
đź”” I think we are still due for a minor correction and is when I'm planning to start entering. I'm thinking about two scenarios.
A) Minor correction slightly sub $20,000 or around it. Consolidation there and further continuation.
B) If the first correction feels heavy we might have a further one to the main horizontal support around $18,500
đź“Ť My strategy is to try DCA in both, super slowly. I don't want to drain liquidity. Which means even if both targets are met you don't go all in. You wait and add partials. Add some first, some during consolidation, some at reversal confirmation....and even after all that you should have at least 50% liquidity remaining for altcoins, IDO's, major events...etc.
Crypto Rand
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