Chainslab_Analytics

BTC Long-term Gameplan (a bullish view)

BINANCE:BTCUSDT   Bitcoin / TetherUS
In the Weekly timeframe, BTC had lost its 20k mark and will likely fall to the 12k demand zone.

We expect BTC will bounce back when meet this 12-ish zone. Then 20k becomes the new 6k (the new support).
2023 will have a rally, and 2025 will have a new ATH.
We have been in the bear market for quite a long time. And this might be the turning point.

Here is my specific playout strategy:

- Grab a Bag if the wick hits the 12k zone or if Bitcoin touches the 11-12k zone

- Sell half of the bag when it rallies to 27-28k in 2023, and hold the other half ALWAYS.

- Rebuy when it touches 20k, can always swing trade half of the portfolio for maximum Bitcoin gains.

- Sit back and wait for the 2025 moon.


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