BTC - I still think we are pulling back soon

jondoe(76)
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Possibly quite a bit.

This run hasn't really created too many strong bases before it keeps going higher.

Pulling back to major moving averages like it did in 2016-2017 would mean prices could fall 30% easily and still be in the bull market...

Ironically a bear market is defined as 20% declines from highs...

Anyways, we are in crypto so I guess traditional rules don't apply?!

Anyways, look how far we could dip before we test significant moving averages:

(Source:

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I think we dip to $7k in the coming weeks and you want to buy all in there.

I think.