This is for my own self-reflection:
The market will ultimately dictate prices according to common sentiment;
I personally believe that this sentiment is pessimistic, and as a result will fall to express the outlook.
Based on historical-retracements of Bitcoin Parabolic Phases, I expect an average fall-rate of ~84% from the current Parabolic Uptrend - This has been partially explained below:
twitter.com/AaronHyn.../1151020139447369728
Ladder-in 40-60.
Next bull-market sell $10k-16k^.
ROI: 100-400x
Note:
Please excuse my horrible technical-analysis,
I am not familiar with this application.
The market will ultimately dictate prices according to common sentiment;
I personally believe that this sentiment is pessimistic, and as a result will fall to express the outlook.
Based on historical-retracements of Bitcoin Parabolic Phases, I expect an average fall-rate of ~84% from the current Parabolic Uptrend - This has been partially explained below:
twitter.com/AaronHyn.../1151020139447369728
Ladder-in 40-60.
Next bull-market sell $10k-16k^.
ROI: 100-400x
Note:
Please excuse my horrible technical-analysis,
I am not familiar with this application.
הערה:
Prepare to ladder in - est. ~120 days.
הערה:
Est. June - August (likely August). Watch closely next few months.
הערה:
Sell updated to between $3.5K - 6K based on fibonacci retracements (safe-area).
The bull-market which proceeds it, should provide opportunities for $9K - $15K.
Buy still at $60 and under. Markets appear to be declining with global economies.
The bull-market which proceeds it, should provide opportunities for $9K - $15K.
Buy still at $60 and under. Markets appear to be declining with global economies.
הערה:
Read comments.
הערה:
Due to a lack of financial knowledge, this opportunity was missed. Education is the most crucial part of trading markets, and I've learnt it's okay to miss opportunities. The market appears to have reversed. Well done to those who caught when the market declined during March, 2020!
This is still a great time to purchase various assets in the industry before the next bull-market run. However, some further signs are needed. The crucial levels are determined based on BTC/USD at around $14K and $20K.
Smaller-cap assets will have a higher rate of return in-comparison to both Bitcoin & Ethereum, although both present great opportunities. Please always conduct your research & due diligence.
This is still a great time to purchase various assets in the industry before the next bull-market run. However, some further signs are needed. The crucial levels are determined based on BTC/USD at around $14K and $20K.
Smaller-cap assets will have a higher rate of return in-comparison to both Bitcoin & Ethereum, although both present great opportunities. Please always conduct your research & due diligence.
הערה:
Again, wrong about BTC/ETH having smaller returns - Well done to those who bought early!
עסקה סגורה: היעד הושג:
The price target minimum of $3.5K was reached in April - May, 2021.
Down from $216
Currently sitting $136