We are looking very similar to the scenario that played out at the end of the last quarter where Bitcoin dumped hard during the last couple days before bouncing back strongly and just as quickly. Now, I am not saying this scenario will 100% play out or anything; however I am being very mindful of a possible dump occurring within the next 48 hours. This dump could take us all the way down to the pink trend line; before a strong bounce that kicks off the bull run to the end of the year. To take advantage of this possible dump I have placed buy orders at $50 intervals from 5800-6150. To be clear, for the October - December quarter I am definitely long.
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