MoneyPatterns

BTC - Entering Buy Zone

Long
BITSTAMP:BTCUSD   Bitcoin
Sell on the Daily but a Buy Long Term.
BTC looks like continued bearish consolidation BUT...we are close to the turn.
Looks like BTC may want to play down into the $6500 range.
However, it may not.
If you want a good price, but worry about getting left behind wait for price to enter anywhere under $7k and make small purchases.
Based on previous patterns and upcoming halving, we should be seeing a decent price increase into May.
It may take until late January to start the more rapid ascent, but this is more time to buy at low prices.

If you are thinking about the 2021 peak, this is an excellent entry point today.
I am expecting greater than 10X by December 2021 from current price levels.

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I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY.
Short SPY and AAPL.

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