Today I did the DCA into BTC at 16850 There is bullish divergence that has printed, and i feel like the markets are oversold. I believe that we may have some more downward momentum, but there are also a lot of macro factors that suggest that there is more than can go right for bitcoin than wrong
This graph shows the levels i plan to DCA into bitcoin at. Note the 6 months after the halving time horizon, i plan to be fully invested. I may decide to DCA harder once we break the trendlines on a confirmation
The green box shows my ideal buy area, however i will be DCAing between the 618 and 786 fib levels if we stabilize that high
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.