** I can be completely wrong because it’s BTC and I don’t how manipulated whales can be with it***
Aight fellow habitants, we are about half way through January and typically, with candle action, in relation to the time frame, what I like to see is the first half of the candle aim in one direction to complete its cycle in the other direction.
What does this mean from my perspective: I believe BTC has a current ceiling right now ranging from 105-108.
This picture depicts the monthly chart. Moves take longer to happen the larger the time frame you are looking at. I believe that with time, BTC will slowly tread lower to around 76-82 range for whales to load up.
As always, I do DCA. But I like to have a plan for areas to load up a lump sum if price did return to those areas.
Thank you for coming to my ted talk.
