34,000 Is the Magic Number!!!

22 Feb 2022

To determine my long term position holdings (when to add & sell short to collect premiums) We can tell that Bitcoin certainty is not a safe haven investment in this market cycle as Russia confirms crossing into Ukraine with armed military as a peace keeping force. Bitcoin and alt coins sold off instantly again. We bounced off the 3 day 200 MA support (For now) But realistically with a high probability (80%) I'm looking for price to pull back towards the weekly 100MA at around 32,800 - 33,500. Until then, I will be collecting premiums on my short position bought again the day Biden announced he will be issuing an Executive Order on Crypto Regulation - Tread Cautiously



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