We can have a pump instead of this but I think the ultimate bottom for BTC is at 10200 for the future aswell.
Why can we have a pump?
Mid-Term Elections are coming up, usually they want the public to be happy so the US does its duties to keep the public happy until the elections are over. Once they are over, all hell will break loose, inflation, cost of living, interest rates, risk assets will plummet, 401ks will go to shit and etc. BTC has never seen a recession in its entirety so this is why I am making this tremendously big call out.
My BIG DCA ZONE is anything under 12-15k I will start major DCA. If I see any other confluences I think under 20k is not a bad DCA spot too (set for the long-term).
Thanks and let me know your thoughts!
Why can we have a pump?
Mid-Term Elections are coming up, usually they want the public to be happy so the US does its duties to keep the public happy until the elections are over. Once they are over, all hell will break loose, inflation, cost of living, interest rates, risk assets will plummet, 401ks will go to shit and etc. BTC has never seen a recession in its entirety so this is why I am making this tremendously big call out.
My BIG DCA ZONE is anything under 12-15k I will start major DCA. If I see any other confluences I think under 20k is not a bad DCA spot too (set for the long-term).
Thanks and let me know your thoughts!