Hello folks,
20k was my Bitcoin target since January of this year. I hope you are beginning to see that I know a little about what I am talking about.
Will Bitcion go lower? It is possible, but if it does, I still think 20k is an excellent entry point for the long term. I suspect it may revisit that level again.
It is interesting that historically, as rumors are spread that the Fed will raise rates, the market freaks out and crashes. But when the rate adjustment actually happens, the markets begin to rally, though not as strongly. Have you seen stocks lately? Many are already down 80% off their highs. It is a blood bath out there folks.
In my opinion, now is a good time to start Dollar Cost Averaging, if you haven't done so yet. Cryptos and stocks may languish for a while, but the prices are very good, and this is where millionaires are made.
That said, in my opinion, even though things "feel" like completion, the buy signal is not quite in yet. But it is coming soon.
Good luck in your trading.
20k was my Bitcoin target since January of this year. I hope you are beginning to see that I know a little about what I am talking about.
Will Bitcion go lower? It is possible, but if it does, I still think 20k is an excellent entry point for the long term. I suspect it may revisit that level again.
It is interesting that historically, as rumors are spread that the Fed will raise rates, the market freaks out and crashes. But when the rate adjustment actually happens, the markets begin to rally, though not as strongly. Have you seen stocks lately? Many are already down 80% off their highs. It is a blood bath out there folks.
In my opinion, now is a good time to start Dollar Cost Averaging, if you haven't done so yet. Cryptos and stocks may languish for a while, but the prices are very good, and this is where millionaires are made.
That said, in my opinion, even though things "feel" like completion, the buy signal is not quite in yet. But it is coming soon.
Good luck in your trading.
