Thanks for posting your chart and comments. I would never sell my BTC at 62k unless the vaccines start not working and the economic recovery shows signs of stalling. There will be a lot of buyers who will pre-empt your support level of 55k, as this is likely the low for the next cycle.
Redxtra
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@theworldinscents, Looks like the Vaccines stopped working.
SIGPokerKing
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@abrecombie-no-fitch, Obviously doesn't mean the vaccines don't work (wondering about JnJ, tho), but I did sell 15% of my holdings at 60k because I didn't like the TA short term. Grabbed coins on the wick down on Sat because since BTC hit 50k I maintain a standing order for 3 coins 8k-10k below the current price to catch quick dumps. Still, that raised my cost basis to the high teens, so I'm not really thrilled with that buy, cuz it's my first buy since BTC hit 20k. Hopefully no additional dumps.
Redxtra
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@theworldinscents, Agreed I personally don't want to see anymore more dumps but I wont be surprised if we see 46k-48k in the mid term.