My friends please don´t spill the moldy milk on me. This above is only my idea/possibility about the Bitcoin Market Cycle. If you follow me, you already know my style. Please look at the log picture and decide yourself how it looks. For me it has place to go downside, but it can go also up to ressistance once again. If the Market Cycle plays out we have the 1. Buy on the 0.786 (5000$) and if it falls deeper, the 2. on the 0.888 (3000$). Don´t forget - for a good sleep, you need to trade big picture.
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Everybody´s talking about end of correction and buying Bitcoin. I would not buy Bitcoin yet. End of story.
If people don't like this at all, this is spot on. I'll buy when it reaches these levels. I will not pay anything more its obvious the market is in a bear market. Damir, we have identical ideas here. I rather lose the opportunity then to buy in at these current prices. I'll set 2 buys one at 5000-6000 area and the other one at 2000-4000 area. Thanks for the chart.