DEALERBTC $BTC $ETH My Thoughts: Sell In May Consideration
In my opinion, it is necessary to consider a sell in May event, especially since BTC price is at a lower high. Keep in mind that the total crypto market cap has not yet made a new all time high, so as I have previously stated, a bull market has not begun for the entire market (IN MY OPINION). Moreover, I believe the price is undergoing a period of consolidation. I have shared my consolidation trade idea for BTC and will link it here.
However, if the price were to VIOLENTLY break down, I believe that BTC would revisit the $36,000 region and ETH would revisit the $1500 region. In my opinion an astute trader would prepare for this possibility NOW and manage risk.
I AM IN THE BUSINESS OF SPECULATION, SO LET ME SPECULATE!
This trade idea is not financial advice. I am not any kind of financial advisor.
Thanks for hitting the like button and for following me!
However, if the price were to VIOLENTLY break down, I believe that BTC would revisit the $36,000 region and ETH would revisit the $1500 region. In my opinion an astute trader would prepare for this possibility NOW and manage risk.
I AM IN THE BUSINESS OF SPECULATION, SO LET ME SPECULATE!
This trade idea is not financial advice. I am not any kind of financial advisor.
Thanks for hitting the like button and for following me!
Do you like my analysis? Do you want to stop paying for stop losses and make money? Come trade with me in my private Discord group with this link discord.gg/q5Q7GzVD3h - Send me a DM to start.
