Waiting For Btc To Hit 4000-3800, Then All Balls In!

[Workbox]

Another great analysis that confirms what I have been stating.

 

[Joe Flacco]

The only analysis that matters to me is my own.

 

[Workbox]

The only analysis that matters to me is my own.

I know and I cringe when I see them.

 

[Workbox]

To me Joe, it is important to inform my fellow peers the new paradigm that is forthcoming. Similar to what we saw in the mid 2000 before the RE bubble. We warned and gave all the evidence to the the forum and public and we were correct.

Now why not do it again and add value to the forum and fellow peers. This video, will show the current state of knowledge of BTC.

 

[Workbox]

Those little dips are good entries if your target is the next resistance level. If your time frame is a few weeks or a month or two. A short term trader. If your time frame is 2+ years and you keep buying those little dips on the way up thinking you will never see those lows again, then you are eventually going to get flushed out or at least will go red where your pain point will be tested.

Are you still waiting for that flush to get in? Currently priced with a 40% pull back could get you your $52

View attachment 40182

EVERYBODY is watching this chart and is expecting it to do the same thing as 2016/2017. Go hit the upper trend line in a next couple years. It could. So my plan as of right now is to buy at the 50 week EMA which is around $5,500. $5,500 is about a 35% pullback from recent highs. See if it can ride a rising 50 week EMA like last time. I'm just saying I remain skeptical because this is what the majority is looking at and thinking and I would not be surprised if it ends up going back down to the recent lows or maybe it just goes straight up. All I know is what everybody is seeing and thinking right now is too obvious. This is the mainstream idea or thought in crypto space right now. Way too obvious for me to convinced that it is doing exactly what it did in 2016/2017.

Are you still waiting for that flush to get in? Currently priced, a 40% pull back could get you your +/-$5200-5500 entry?

 

[Joe Flacco]

I don't know yet. I am eyeing that area for now. Mid-$5,000's. I'm in no rush to get in. Impatience and FOMO fading and feeling more patient.

 

[Workbox]

I'm paying attention to the Weekly.

 

[Joe Flacco]

The tape and indicators definitely giving the look like it will be trending to ATH. My intuition says this is a sharp counter trend move and downtrend will resume or at least retest the low. We will see what happens. I feel no rush to get in. If it is going to $100k, $200k, $300k+ over the long term then I don't mind getting in higher.

 

[James Micozzi]

Who would ever take any investment advice from anyone on this forum?

 

[Joe Flacco]

Who would ever take any investment advice from anyone on this forum?

Who would you rather take investment advice from then? Your investment professional that can't beat the market?

If you need advice to make investment decisions then you are better off just buying the SPY on a regular basis.