Hope everyone is getting as much perspective from the five-period RSI mid-line indicator as I am. Taking a look back to the 2016-2018 market we can see that we had five exhaustion points on the RSI where it crossed from top to bottom after four to six weeks of substantial price increase. Take a look at the current weekly chart and see that we've been riding high since the breakout and may be due for a breather.
HODLers take note - great value proposition to add to your position if you aren't fully allocated yet. By fully allocated I mean a second mortgage on all property and title loans against all your cars to buy BTC. Not really...but quit dithering if you aren't in yet. You're going to feel like an idiot bargain shopping for a few grand off when everyone's looking at a 30-40x move in a couple years. Not financial advice. Just encouragement not to be fiat currency rich when I'm paying for a lambo with BTC on the lightning network.
HODLers take note - great value proposition to add to your position if you aren't fully allocated yet. By fully allocated I mean a second mortgage on all property and title loans against all your cars to buy BTC. Not really...but quit dithering if you aren't in yet. You're going to feel like an idiot bargain shopping for a few grand off when everyone's looking at a 30-40x move in a couple years. Not financial advice. Just encouragement not to be fiat currency rich when I'm paying for a lambo with BTC on the lightning network.