Bitcoin, Preparing for The Last Chance to Buy
Bitcoin Data Newsletter Premium
Hello everyone!
Bitcoin has confirmed its drop below healthy supports at 28k with a weekly candle close. The bull market while seemingly began earlier this year has created a drawn, and convincing fake out.
With a non-trader mindset (us) these times should not evoke fear, but spell opportunity! Although I would like it to be the case for Bitcoin to be bottomed at current levels and happy to be proved wrong (I love being on team bull), I think now is the time to prepare for a place to buy.
For some time, we have talked about good buying opportunities for Dollar Cost Averagers, but after some research into the cycle, this time represents a last chance to really stack big!
This bull market fake out takes place every cycle, something we’ll talk about in this newsletter.
I’ll be sure to answer some questions you might have about what this means for the rest of the cycle, here are some of them:
Is the cycle mid-top already in?
What do you do if you’ve already bought at higher prices?
How long will this last?
Could we have already bottomed?
What’s the lowest price could go?
That to be answered and more, I will make sure I have everyone prepared the best I can for whatever comes next.
Let’s dive in!
(This article includes a voice over by me! You can play this at the top of the article. Make sure to let me know how you like this in the comments!)
This Newsletter Will Cover…
Examining the Fake Out - Figuring out the why
Where Will We Bottom? - Tools to get you a great buy
How Long Will It Take? - Using my Theory
Projections - The mid-top and my new cycle expectations
What Should You Do? - What to do CryptoCon…