mattgetsbarreled

BITCOIN Bear Market Continues

Short
BITSTAMP:BTCUSD   Bitcoin
When looking at the VPVR it looks like we definitely hit that $3-4k area again. The price action in 2019 was not that of a bull market, nor is it now. In my view we are still in a bear market and I believe the whole stock market crash / Carona scare is coincidence / not cause and effect necessarily. I plan on buying spot bitcoin in the $3,000's all the way down to $2,600 for long term buys.

This is not financial advice, for educational purposes only and to log my trading over time as I progress.

$2615 is where we started the irrational bullish move so I expect a retrace to this level.



looks like the breakdown today was the last chance for the bulls:

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rad that was fast let's see how 200 Week MA holds up
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I will start accumulating next month and buy until end of July, not financial advice, but this is great for me! SO glad I decided to spend my money on education vs. buying crypto in the fall, now I got a 100% raise at my job and can buy like 400% the amount of bitcoin in the summer.
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this aged well. I think bitcoin makes a major bounce, from there it could dump to new lows. target for bounce is $8k or $10.5k

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