If I’m here you know I’m pushing and holding. Crypto enthusiast, always trying to find the next big thing! Trustworthiness is key in this space. Zero tolerance
I’ve had my fun swing-shorting Bitcoin from the $125k highs into the $60k area across multiple trades and key inflection points (still have a position running from 81s), while offloading most of my spot around $116k
How low does it go? I couldn’t really care. I’m not here to call the bottom, just as I never called the top, some of us prefer to trade it instead... one shot... nailed.
The game now shifts from pressing aggressive shorts to identifying perceived value, chipping in gradually, and adding size only once momentum confirms over the next several quarters...
A couple of metrics worth observing are realized price and the 300-400 weekly MA, along with the 12/25s weekly EMAs I often talk about.
As a prospective buyer... embrace the downside...
If it continues.... thats future opportunity...
And eventually... the next cycle begins...
Wishing you all a fab and blessed weekend...
@ExitLiqCapital@Steezehuman How many times have we seen these posts over the last bunch of years? I believe last cycle (close to bottom) we saw “last $1000….” Or some such thing…..
@Nebraskangooner Ma man! I hear you. I’m in the Kawartha’s in CAN. 6 acres of land. Horses eat 4. I legit mow/trim my life away from May until October. 😭