@rebellah_ depends on a lot what is your target? How risk tolerant are you? What are you doing if things don't go your way? And if you new to the CT don't get to hyped about different coins/projects. Had to learn that the hard way. In general there is a lot to learn here...
This feels great now to me in terms of PA. The price finally retested the Gann MA it broke in April. Ichi still bullish. If we hold these levels, it is perfect to buy the dip and, a bull continuation. Anything under that level will be extremely bearish. #CryptoIkagi $BTC
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There is a reason why I haven't been on Twitter in a week.
This is just not worth commentating about.
As soon as we get a close above red or below green the small time frame will get interesting.
Close below $9000, I'll target $7500-
Close above $12000, Ill target $14000+
1/ I expect this $BTC bull market to end in the most extraordinary epic bubble our generation has ever seen.
But how will you know when to sell?
MVRV z-score is one of the indicators I'll use as a sell signal.
$BTC
Just a little comparison between now and the 2016/2017 bull market.
Arithmetic mean of all previous corrections A = 31.35%
so if we drop around 22% - 37% that would be totaly fine and nothing to worry about, imo
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On bigger timeframe it doesn’t look too well. And we are overdue to a bigger correction We are quiet far away from the 200 SMA. If we drop below 10k we probably going to see 8k. 60% chance this is going to happen, just wait and buy more. Just my opinion.
$BTC
Just a little comparison between now and the 2016/2017 bull market.
Arithmetic mean of all previous corrections A = 31.35%
so if we drop around 22% - 37% that would be totaly fine and nothing to worry about, imo