BTC had a nice run up! But we did not break the 10k mark! Now we are struggling with 9k.
As I've mentioned in my previous posts. If BTC does not blast through the 10k mark with a lot of volume we might see a correction down to around 8k. That's what we were hopping for at least. ;)
The blue line in the middle shows some decent resistance at 9k. This might serve as support from here on. If this line doesn't hold we might have to retest the 8k and go from there.
Personally I'd prefer it to go down to around 7k-8k before going up and reaching new ATHs.
So I can buy some more cheap coins before the run up!
My Strategy right now is to do DCA on BTC and look to buy the dips with altcoins.
I also wrote an article on how to Dollar-Cost-Average(DCA) Bitcoin.
What do you think? Do you agree with me?
Are you buying at these levels?
Leave it in the comments! Let us share our thoughts and profit all together!
Maybe you want to take a look.
Bitscreener Chart
I wish you all the best of luck and until next time guys!
Make sure to check out my last post! :)
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As always this is not investment advice! Please do your own research!
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