Will BTC be kind enough to give a second chance?
So last time I made a call that we might have bottomed near 17600 Region. Unfortunately that level was broken but it didn't swinged a lot. The Only Intermediate Low we got was at $15,500ish level.
Anyways you already know what has happened since then? Even someone who was crazy enough to buy BTC back in June is still sitting at a Nice "Handsome Return".
However Today we will talk about those people who still haven't entered YET!
Yes you heard it right. A lot of People I know still treating this as a Corrective Pattern and think we might face rejection at 33k level.
So in the last Bull Market, Bitcoin was very kind enough that we tested that 4-5K Region Twice before starting a Huge Rally towards $70k
Main Question Remains will we ever test $15,500? Or that Dec lows of 2022?
See as a Good Trader/Investors we need to believe that "Anything can happen at the end of the day"
The Moment we think we are Smart, boom Mrs.Market Slaps us very tightly on our Cheeks so we always need to be humble and kind towards our Analysis.
This rally right now at 33k level might seem very fantastic and those who bought you absolutely deserve it however my advice to you would be at the same time "Prepare for Worst Case Scenario" that Maybe we might Test $15,500 in the future.
And those who still haven't yet entered, the only wise decision in my humble opinion would be to wait and see if we test 20k again? However in the meantime you could lose a potential upside rally however that is equally fine we don't want to attach FOMO towards Price. If you miss the opportunity then let it be, there is always another great opportunity waiting for you. I'm really interested to hear from those people who still haven't entered yet? What are you doing right now? Happy to hear your thoughts 🙂
Anyways you already know what has happened since then? Even someone who was crazy enough to buy BTC back in June is still sitting at a Nice "Handsome Return".
However Today we will talk about those people who still haven't entered YET!
Yes you heard it right. A lot of People I know still treating this as a Corrective Pattern and think we might face rejection at 33k level.
So in the last Bull Market, Bitcoin was very kind enough that we tested that 4-5K Region Twice before starting a Huge Rally towards $70k
Main Question Remains will we ever test $15,500? Or that Dec lows of 2022?
See as a Good Trader/Investors we need to believe that "Anything can happen at the end of the day"
The Moment we think we are Smart, boom Mrs.Market Slaps us very tightly on our Cheeks so we always need to be humble and kind towards our Analysis.
This rally right now at 33k level might seem very fantastic and those who bought you absolutely deserve it however my advice to you would be at the same time "Prepare for Worst Case Scenario" that Maybe we might Test $15,500 in the future.
And those who still haven't yet entered, the only wise decision in my humble opinion would be to wait and see if we test 20k again? However in the meantime you could lose a potential upside rally however that is equally fine we don't want to attach FOMO towards Price. If you miss the opportunity then let it be, there is always another great opportunity waiting for you. I'm really interested to hear from those people who still haven't entered yet? What are you doing right now? Happy to hear your thoughts 🙂