In the following chart you can see where I predict the Bitcoin price will fall to during our next bear market - around $60k and lower around $30K.
$60K is also about the average buying price of MicroStrategy now called Strategy.
This levels also need to go in confluence with the weekly RSI and better two week RSI. If the weekly RSI is oversold, I will start...
Timing the market perfectly is impossible, but using TOTAL2 and RSI, we can identify high-probability opportunities. Here’s my approach for the coming years.
I bought during the last dip, but my exposure is still less than what I sold before the crash. Here’s why.
Key Signals for Tops & Bottoms
RSI Patterns:
- Market Tops: Weekly RSI above 85 signals...
Alt-Season = BTC.D going down, but liquidity is king.
Right now, I don’t believe we’ll see a true alt-season until the Fed starts QE.
At the last FOMC meeting, Powell confirmed that QT will continue, meaning there is no reason to expect QE soon.
For QE to return, something needs to break—whether in the stock market or the broader economy.
Right now:
- Stock...
