This year might be boring for Bitcoin but come January 2023 we will start a massive relief rally going to next summer.
This year it's time to buy as much as possible and stack then ride the wave up to the 0.618 to 48k , it's also the 8/1 Gann Fan.
The Date you get when the 0.618 Fib and 8/1 Gann Fann cross is late June 2023 , I do also have a Fib date around that time as well to back this theory up.
So now instead of spot buying I will be buying BTC x3 leveraged tokens on bybit and selling them once we hit 0.618 , far better than to keep a trade open and pay funding rate fees for months, it's simply not worth hassle especially if you were going to use x3 for your trade to begin with.
In around 350days Bitcoin will be back at 48k and everyone will be bullish and call the start of the bull market and at that point we will nuke to create the classic cycle double bottom that's when you spot buy for long term position at the end of July 2024.
This year it's time to buy as much as possible and stack then ride the wave up to the 0.618 to 48k , it's also the 8/1 Gann Fan.
The Date you get when the 0.618 Fib and 8/1 Gann Fann cross is late June 2023 , I do also have a Fib date around that time as well to back this theory up.
So now instead of spot buying I will be buying BTC x3 leveraged tokens on bybit and selling them once we hit 0.618 , far better than to keep a trade open and pay funding rate fees for months, it's simply not worth hassle especially if you were going to use x3 for your trade to begin with.
In around 350days Bitcoin will be back at 48k and everyone will be bullish and call the start of the bull market and at that point we will nuke to create the classic cycle double bottom that's when you spot buy for long term position at the end of July 2024.
Comment:
Waiting to enter trade on Bitcoin short term , lets see if bottom of channel holds
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