Good old Fibonacci
Let's keep analysis simple. No fancy indicators or theories, just good old fib retracements and market structure.
The bulls are tired, and have put in a long and hard months work. We have 3 levels to eye, the .786, .618 and the 20k mark. We know BTC corrections can vary from 15% dips to 50% craters, so let's set our buys dynamically proportional to the risk to reward profile of buying btc. Increasing the order size as the targets are met.
The bulls are tired, and have put in a long and hard months work. We have 3 levels to eye, the .786, .618 and the 20k mark. We know BTC corrections can vary from 15% dips to 50% craters, so let's set our buys dynamically proportional to the risk to reward profile of buying btc. Increasing the order size as the targets are met.
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