Up ⬆️ or down ⬇️ ?
I'm spending a lot of time looking at the charts recently. It's not something I use to do, however as I'm thinking if it's worth for my portfolio to make a move and buy more I'm looking for a good spot.
As I said in other posts I'm following the plan I wrote at the beginning of 2023. I've bought slowly all the coins I wanted to hodl the next bull run.
The only one I'm not 100% happy with is that I would love to own more HIVE.
I still have some cash ready to buy, I'm just considering to buy Bitcoin or HIVE.
You never own enough Bitcoin... IFKYK
This are the key levels I have marked in the Bitcoin chart in Tradingview.
I marked this levels at 2021, they pretty much have predicted all the supports and resistances of Bitcoin for the last couple of years. I still think the price is moving between this levels.
I remember that last bear market somebody (I think it was @khaleelkazi) said something like:
Bear markets last longer that one predicts. I would take this lesson for the next bear market.
I felt the same, and this phrase has been marked in my memory since then.
Well, now everybody thinks the bear market is over, and that we will somehow start rising before next halving.
So, now it's the perfect time to remember this. I think that Bitcoin will take longer than expected to start the next move up. I'm betting on this.
For that reason, I will not go all in if I buy more. I will make small buys but will have most of the money still waiting for a dip. The ideal scenario for me is a dip below 25,000$ and then another leg up. I would love that. I will be ready.
Posted Using LeoFinance Alpha