If BTC fails to break 70,000, I will take profits using my micro-strategy and place another order to buy more BTC spot. I'll go home tomorrow to resolve my Kraken account issues. I tend to think this is a temporary bottom. In the worst-case scenario, I'll wait for a quarter of consolidation. In the best-case scenario, the US stock market might start to see new sectors emerge, and I think blockchain could potentially combine with AI applications or AI payments, thus preventing a prolonged consolidation. The worst-case scenario is a systemic black swan event. Whether this happens or not is actually not crucial; just set stop-loss orders. Even better, I'll buy more at a lower price.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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