Bitcoin
Panjang

BTC currently inside perfect buy zone

so we have BTC on a very good level on the long term view, currently price is just below the 25% (25K to 27K) mark to the topside, but it the perfect place to start your DCA into the digital asset.

My reasons as follows:
- Current price level is on the 50 & 200 day moving average (bullish confirmation)
- even if the price drops, to the either my levels 1 or 2, the DCA model wil still work for the reward in the given timeframe expected (+-1 year, maybe even shorter ; Mar/Apr2024)
- even if you target the 75% mark, which bring us to about 56k, it wil stil be a 100% growth on your asset wallet.
- i still believe that the FWB:17K level is now a protected price level (institutional price level & ETF's), which i now see the FVG to the bottom of current price level, is just that a Fair Gap for future and
not meant for retail, those orders on that level wil be quick, and picked by whales (not a retail fight , stay out)


*(institutional price level & ETF's) - do some homework , you wil be surprise
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Penafian