Bitcoin
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BTC/USD HODL

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This is a monthly chart of Bitcoin. Taking a step back lets you see a possibly bigger picture rather than the stressful day to day price action and news stories. This monthly RSI signifies that when it is at around 45 its might be a good time to buy and hold. Anything above 80, don't get greedy as the bull run doesn't have much steam left. This is more of a cost-averaging strategy, buying and holding for the mid/long-term. In my opinion, it might be time to grab some of your favorite projects and wait until the bull cycle starts. When Bitcoin starts taking off, other cryptos will follow. The yellow vertical lines represent BTC halving events, the next of which is April 2024. So far, it has only ever lead to a higher high in price and that's the facts in the chart. Time will tell, good luck fellow traders!

Penafian

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