The3eyedFrog

BTC Buying area!

Short
The3eyedFrog Updated   
BITSTAMP:BTCUSD   Bitcoin
We'll have plenty of time to accumulate BTC when it hits the bottom unless there is gonna be a black swan event. Keep an eye on the 200 MA area. Historically buying above it is not a great idea. When BTC hits bottom, ALTs gonna keep bleeding and BTC will follow the lead. I'd keep my portfolio 70 percent BTC until I see S/R flip in alts with BTC pairs. It might turnout to be a long journey but just stick in there. Also, comment on what you guys think.

P.s there are some indicators that suggest BTC might bottom at 15k to 12k. In general, when you start hearing/feeling crypto is dead. It might be the bottom. :)
Comment:
We just entered the BTC buying zone. I still think we're going to the 19.5k area.

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