I'm looking for longs and positioning accordingly. Bottom is in or very close. We're going to start climbing out of this whole soon and probably marking the first steps towards the next cycle. 2025 Targets 180-210k.
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I sold in may around 30k, saw that there was no crash, fomoed back in, stuck through the drawdown to 25k and now I'm out at 38. Going to wait for a good buying opportunity in the next couple quarters. Hoping to get a buy around or under 20k and hold till 200k
And we out at 30k. Was holding out for 40k but the times are hard. See you at the bottom!
TechniBlock
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It's dependent on the Fed. I think this looks like November of 2018 myself before the capitulation. I am buying small amounts here and there but haven't move in fully. You'll know it when the capitulation happens it's a nightmare dumpster fire. We are due for a bear rally though...
qumatru
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@TechniBlock, 42k by may. also, hands off the leverage until the air clears on the ftx blowup
TechniBlock
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@qumatru, I agree and proof of a rally incoming is this. Dollar in retreat!