Dan_Wang

BTC Re-Accumulation Phase. I am buying.

Long
Dan_Wang Updated   
COINBASE:BTCUSD   Bitcoin
Not much to update. We had a sell off yesterday, along with SP500. Usually its because of the fear of the market sentiment. As a swing trader and long term BTC investors, the best time to buy bitcoin is

1. BTC big drops into support/trendline
2. BTC is under minter capitulation phase.

If you don't believe me, go study the whole history of BTC accumulation phase( bottom ), you will find the pattern. Again, not financial advice, you make your own research. Hope my points here help you.

May the market be with you.
Comment:

If BTC close below the trendline and also 9200, which create a lower low, I will be bearish in the short run. I will close some of my long exposure

formal education makes a living, self-education makes a fortune!
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