retracement is looking healthy to me, and our potential support levels from last month have been spot-on so far:
i'm actually surprised we didn't dump down to the third level given the recent FUD out of china. that tells me that demand is strong at $40k. while i'm not necessarily ready to call this the bottom, i'm absolutely buying alts on these dips in case it is, and i'm buying every dip from here on out. these buys are in the spirit of DCA, not necessarily trade setups.
if/when price regains support at $45k, i'm still shooting for $57k as the next stop. maybe we'll meet our old friend there.
i'm actually surprised we didn't dump down to the third level given the recent FUD out of china. that tells me that demand is strong at $40k. while i'm not necessarily ready to call this the bottom, i'm absolutely buying alts on these dips in case it is, and i'm buying every dip from here on out. these buys are in the spirit of DCA, not necessarily trade setups.
if/when price regains support at $45k, i'm still shooting for $57k as the next stop. maybe we'll meet our old friend there.
