@BobLoukas May I know whatโs leading you to think why this cycle might bottom early?
Following your last yt vid, will you be allocating more btc now or still wait till Q4?
Thanks for your wisdom bob
@BobLoukas Hi Bob, few weeks ago you said selling btc after 50% correction wouldn't be the wisest move firstly because btc is special unlike alts and secondly because the major part of correction is done. Today, are you of the same opinion or are you leaning more towards selling more?
@BobLoukas@chiko_233 Hi Bob, few weeks alot you said selling btc after 50% correction wouldnโt be the wisest move firstly because btc is special unlike alts and secondly because the major part of correction is done. Today, are you of the same opinion or are you leaning more towards selling more?
@BobLoukas With this sharp decline earlier than usual, are you inclined to start buying bitcoin back here? Could there be a scenario where the bottom is already in or about to very early on this cycle (Feb-March) and goes on to all time highs when least expected? Just a thought. Thx sir.
@BobLoukas Got it. Thanks Bob.
Also, I think some good support levels are coming up. The ascending yellow line which acted as support during both 2018 and 2022 lows. Also, the 200w sma is very close to that support line which btc usually tests finding the ultimate 4yr cycle low. Agree?
@BobLoukas Bob, if stocks continue up and btc follows, at which level would you offload another portion of your 4yr btc cycle allocations? Thanks as always.
@BobLoukas Bob, would you sell your remaining 4yr journey btc allocations if it were to rally back to around 95-100k within this bear market? Thanks for your wisdom you bring to this space.
@benjamincowen Ben, would you consider that bottom yellow line as potential support for this 4yr cycle bottom?
It acted as support in 2018 and 2022. Additionally, 200wma and 2021 cycle top level add validity to that being the cycle bottom. Meaning, a sideways bearmarket into Oct-Nov lows. Thx
@BobLoukas Bob, I'm no expert. Thought I would manage to sell around the top this time round. However seems like btc has fooled me once again. Would you wait until a good relief rally and sell a good chunk or wait it out until the QE & $ printing and hope for the best?