I'm going to go long on BTC when the RSI is under 30 on the 1 Day chart.
Note
Closing in.Note
Lots of predicting a price drop lower than 6k now. I've be shorting this bear market since 14k increasing my bitcoin. For me, I will stop shorting when my buys under 7k hit. If we actually hit 5k or 4k, I will be adding using Fiat, but holding the BTC I have accumulated. That's my personal preference and not trading advice.Note
I have laddered in two buys. I will wait to see where we are if we go sub $7k. I may play a small obvious bounce to accumulate more BTC if the opportunity presents itself, which it has every day this weekend. But I'm not risking much and I shorted so long ago even if I get caught pants down, I'm still so far in the profit any mistake at this point is minor.
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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.