I remain bear term bearish here. I am not buying at $18,200.
I bought some at $16,400.
I have orders in below $15,500 Below $14,500 And more at $13,900
And also above $19,200 because of price rises that high and the pullback is shallower than expected - I don’t want to be left behind as risk always remains to the upside at this point in the cycle.
I’m now fully positioned into BTC & may accumulate more on the dips, but I’m not selling in a bull market. I always appreciate hearing your viewpoint and analysis. Hoping to be among your tribe of new Bitcoin millionaires by this time next year.
JordanLindsey
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@cinerose, never sell the bitcoin market. Bull market 101
gl0w1nggh0stz
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@JordanLindsey, I am curious about something...and I admit this question is more likely due to my misunderstanding your strategy or even more likely due to my misunderstanding of trading in general...when bitcoin recently pulled back to just over 50k you said in your yt video that you “were on the sidelines”. Did this mean you sold your entire position, took profits to equal leverage, or that you weren’t looking to buy at that price. I know that we are closer to the top now than when you made this comment about not selling in a bull market, which is why I’m asking. Is there a point in the hill cycle where we do start selling, in anticipation of the the top...scaling back in in case we were incorrect.
galdamezhenry
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If it hits 14k or lower I think everyone should be fully positioned into bitcoin.