askocaturk

BTCUSD dip is near and long term bullish!

Long
INDEX:BTCUSD   Bitcoin
Hi all,

We have been struggling in Crypto Market for a long time and all the news around the world is still pretty negative.
I think fear in the market is HUGE and it may be a good time for a spot buy for 1y period. I think spot buy between 22-24K is a good idea with DCA.
In case the market continues to go down, I would expect BTC to find a support at 12-14K zone (I don't expect to be honest that much reduction).
I think in June/July, we will be bottom in and then I'll wait for the last wave in this cycle to happen! I'm expecting 2023 Q2 to hit the upper target area!

These are my ideas and not a financial advise.
Please do your own analysis and make comment if you have!

Cheers!

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