Happy Spooky Season boys and girls! Here is just a mock up of how I have been navigating Bitcoin. I am currently short term bullish and possibly long term bullish due to the season and recent price action across major indexes, commodities, the dollar, and Treasury yields. However that is remain to be seen and I will adjust my theses when necessary.
Cool side note: If you had been dollar cost averaging every time BTC went oversold on the daily RSI over the last 12-18 months, you would have an average price per Bitcoin somewhere in the ballpark of $20,000.
As of today you would be up 37% on that strategy.
Cool side note: If you had been dollar cost averaging every time BTC went oversold on the daily RSI over the last 12-18 months, you would have an average price per Bitcoin somewhere in the ballpark of $20,000.
As of today you would be up 37% on that strategy.