jaydee_757

Bitcoin Market Cycle - 2017 and 2021 closely related?

Long
BITFINEX:BTCUSD   Bitcoin
Looking at the MFI, Stoch RSi and RSI (in green boxed), 2017 and 2021 looks EERILY SIMILAR. Any correction right now is a buying opportunity. Accumulate the most around the 20EMA (if it ever gets there). Accumulate on every dip (but make sure the dip consolidates on the daily chart before confirming buys. Also check out indicators, so you do not buy with emotion. Buy with calculated risk!

Good buys: around 48k
Great buys: 44-47k
Incredible buys: 38k-43k

I suggest buying altcoins when bitcoin hits these targets. Altcoins tend to follow bitcoin, but altcoins tend to have the most gains on bull markets!!

"Be fearful when others are greedy, and greedy when others are fearful." - Warren Buffet

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