๐จ๐จ UPDATE TO MY PLAN NOW THAT BITCOIN IS ALMOST AT 200W MA (around $60,000) ๐จ๐จ
1. I am bear and risk off since October 8th (see pinned tweet for proof)
2. I AM NOW A SLOW BUYER OF BTC!!! ๐๐ (but please read whole tweet because I still expect downside and chop for MONTHS to come)
3. I will only use 25% of my capital intended to buy BTC before the Money Line flips bullish, I am buying at 200W MA SLOWLY IN WEEKLY TRANCHES only because historically it is a very good price, but trend remain BEARISH meaning we may see further downside still which is FINE, it would be part of the plan
4. I will start deploying the remaning 75% of the BTC dry powder ONLY after bull trend happens, this may still be months from now
why this strategy?
whatever happens I am in big profit!
Instant valhalla from here = GOOD
Chop for months sideway = GOOD
Fall to 40k = GOOD
At the core of my strategy is positioning capital in the most optimal way where no matter what happens we profit BIGLY!
THANK YOU FOR THE ATTENTION TO THIS IMPORTANT MATTER!!
