G0124

Waiting for the next great buy opportunity

Short
BITSTAMP:BTCUSD   Bitcoin
If you think BTC will just keep going up that is fine buy and hold. BTC can definitely keep going up till eoy, but im going to be patient and wait for the next great buy. I see a lot of posts on here not even talking about ma locations on the weekly. The 50 & 200 have not even been touched in months and i feel eventually the rug will be pulled. It looks like we are forming the right shoulder and has already topped or will be soon. Now is BTC going to 1- 3k? i wouldnt wait for that, but i guess anything is possible with this asset. My target is 6500-7100 as major supports and great buy opportunities to hold. As for now, i feel the risk to reward is way too high at these prices. Is it worth making 1k or losing 3k? We will wake up one day and i feel the tide will change and fast. Thank you and have a nice day.
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