TsangYouJun

Bitcoin - Buying Level Guide

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Personally, I've held Bitcoin throughout the entire bear-market, so I'm in no rush to buy more. However, seeing as we're at a critical juncture right now regarding BTCUSD , it doesn't hurt to have a plan in mind for when next to dollar-cost-average or buy aggressively.

The chart shows where I believe bitcoin could go in the coming months, and I've indicated where my buy-points would be. I would buy at those points to maximise my upside potential. However, since bitcoin bull-runs are long and endless, it is best to combine this strategy with a regular DCA strategy.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.