Chase the bear!
Bitcoin isn't done dumping yet. There dosen't seem to be significant prior support at these levels. When the dump commences I will dollar cost average into a long position. Small buys at first, bigger as we approach the next support level (approx. $7600). When BTC finds bottom it will do a dead cat bounce. I will set a stop and keep ratcheting it up. BTC may dump again, but setting a stop will preserve my capital. My main goal is accumulation because I'm bullish long term.
Disclaimer
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.