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RE: Putting the Recent BTC Run in Perspective

in LeoFinance3 years ago

I think it's pretty obvious at this point that we are going to peak in January or right at the end of December before we get that dreaded temporary retracement.

I'm little bit curious about the price action that can be happen in the month of January and February past years indicate that months are really bearish for BTC price. What target are you expecting to the downside to add some more load to you btc portfolio.

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Huge support at $20k, doubling curve goes all the way down to $15k. $20k is a solid buy and $15k is just free money at this point. If something crazy happened like martial law and the markets crashed into the muck... say $8k Bitcoin... that's an all-in moment where I would take out as much debt and leverage as much as possible to buy more.

15k would be all in movement for me I'm waiting for it.

Let's se how things unfold.

yeah I would go all in at $15k as well, but I would scramble to jump into debt any lower than that... say $10k... and I would tell all my friends to do the same without hesitation.

I have One of our family friends (and he is quite healthy) encouraging to get into Bitcoin since BTC was ... $145.
And you know what....? His crypto portfolio is still worth a nice round $0.00.
Some ppl never learn.

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I wish it would follow the same pattern of 1st January, 2020 to allow us to buy loads of it.

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I also think that the low limit that is the minimum has now become the $ 8000/9000 threshold