"Bitcoin around the 200E moving average especially when it went below it is cheap. Okay, this is cheap and the chances are that we still go lower. I mean in this last uh bare market how much lower we went? We went here and then it was like 30% lower."
Predictions closed
For informational purposes only. Not investment, financial, legal or tax advice. Full disclaimer
… Ever since October 8th when we went through riskoff, we said, listen, we're going to bare trend. But should we get into the buy zone, this green box right here, and even if we're still in the bare trend, but we are in the green zone, Bitcoin is cheap. This is very important and very urgent for everyone to understand that Bitcoin around the 200E moving average especially when it went below it is cheap. Okay, this is cheap and the chances are that we still go lower. I mean in this last uh bare market how much lower we went? We went here and then it was like 30% lower. But it's okay because longterm it's still the best riskreward to get around the 200E moving average where you don't even have to think. You don't have to have all kinds of different strategies. 200 week moving average. That's it. Now the ultimate signal of the bull will be once we go into bull trend on the money line. The importance of it is that …