BITCOIN 2023
Updated
Today my friend called me, not long ago, after a couple of minutes of conversation, he asked me: "what do I think about the price of observation and should I buy it now"
My answer:
1. Price dropped 78% from high
2. the average statistical cycle of the fall is passed
3. We are at or near the bottom whether you buy 16k or 12k, in the long run, won't matter
4. I reminded him that there are bulls and bears in the market, and there are also pigs who are very greedy and want to buy at the very bottom and sell at the very highs, and as a result, they are simply killed, so you don’t need to be a pig
5.Definitely, until the issue with the digital currency group is over, there will be no bull market
This is very simple advice I can give to everyone who reads this post.
P.S The chart is a Wyckoff logic chart superimposed on the Bitcoin log chart
I'm back in 2023, write questions in the comments that I can answer in the following posts
My answer:
1. Price dropped 78% from high
2. the average statistical cycle of the fall is passed
3. We are at or near the bottom whether you buy 16k or 12k, in the long run, won't matter
4. I reminded him that there are bulls and bears in the market, and there are also pigs who are very greedy and want to buy at the very bottom and sell at the very highs, and as a result, they are simply killed, so you don’t need to be a pig
5.Definitely, until the issue with the digital currency group is over, there will be no bull market
This is very simple advice I can give to everyone who reads this post.
P.S The chart is a Wyckoff logic chart superimposed on the Bitcoin log chart
I'm back in 2023, write questions in the comments that I can answer in the following posts
Note
Note
Best regards EXCAVONote
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