Everybody knows btc loves its triangles.
I'm long until the 11250-12000 range.
I am midterm bearish. I want the tether fud bubble to crash so we can have a healthy correction to what ever levels you are comfortable with.
At this point in time if we break triangle to the upside. We might continue a bull run, which is not very probable in my opinion.
If we see...
As most of you know there is the 0.618 fib level which just got broken and btc is fighting now to stay above.
I was waiting for a for a heavy retracement for months, but this irrational bullish run just let me put my bull cap on.
No financial advisor.
buy zone 1 is the best entry if bitcoin bottoms out at these prices - early May till mid/end October
buy zone 2 will be interessting if bitcoin doesn't break support at 4k levels - July till end of October
buy zone 3 starts end of August and doesn't end
I am no financial advisor.