I've presented arguments for a market pullback, yet I believe these dips present buying opportunities. As we approach the election season, expect volatility. However, to maintain their positions, those at the Fed/Treasury will likely aim to prevent a recession, aiming for a strong fiscal year. This could initiate a supercycle, potentially leading to a downturn later. My initial profit-taking point is around 130k. By then, we'll have a better understanding of the economic landscape and possibly a new president (or the same, which is more likely imo). We can revisit this discussion at a later time to assess the situation.
Comment:
For bitcoin, it's almost not worth trading. I bought lows for a reason - extreme exposure. Simply because we know what the bitcoin cycle does EVERY TIME. It is verifiable on the charts. So I want to make the claim here, that DCA'ing every dip from here on out, is not a bad idea. I'd take caution around 100k. That doesn't mean I'd sell. You should be fully allocated by that point. Remain patient and nimble.
Comment:
not worth day trading* - It is worth investing in
