I saw this interesting CNN interview talking BTC and thought you all might like it.
Same old, same old:
We have all heard this before, "adoption is coming, healthy regulation is coming, mainstream investment from big money is coming."
That's nothing new but they continued to talk keep TA targets. $6,800 being pivitol, and I woukd add, daily volume staying steady anf growing is also key as well.
Good News:
If we hold about $6,800 the bear market might be dead or done.
Bad News:
If we fall below 6,800... Uh oh. Long term down trend, and continuation of the bear market.
But as always, plan for the worst. If you are reading this you must be a believer, I say keep dollar cost averaging your way in to a bigger position, that is my play.
Thanks guys. Have a great day! God bless.
If it goes below $6800, it’ll be time for me to start buying again.
It doesn’t matter if Bitcoin falls below $6800. I’ve made money off of all my cryptos except one. Even with the bear market, I’m still ahead on all my cryptos except that one crypto I just mentioned.
When you started buying Bitcoin at $800 CDN, it’s pretty easy to tune all the negativity out! 😃
$800 btc?! Doesnt that seem so unreal now?
Yeah i came in later than that, $3500 usd but im still even after making a few stupid moves along the way.
Pretty hard for me to feel too bad about this recent bear market when I already have cashed out a ton of profit!
They keep saying "it's coming".... I have a friend that is really sweating is HODL right now. I tell him to be patient, but I have to tell my self that same thing even more. I dollar cost average every chance I get.
Yeah its tough sometimes but either crypto is for real and investing now is a hufe opportunity, which I beleive, or its crap but I dont think anyone left really believes that.