Changing the Channel - A possibility
Whether we get the channel in yellow to the downside, or a more immediate downside (the pink curve), I do think we are going down to base between 0.5 and .618.
I know, it is FOMO time because we just had post halving and the run to 250K is beginning, how can we not go up.
I do think now is a time to be buying small chunks and buying all the way down to 6k. And if we go below 6k, I am sorry that you bought all this bitcoin.
That said, I do see more downside ahead.
Anything above 9500 invalidates this call.
I know, it is FOMO time because we just had post halving and the run to 250K is beginning, how can we not go up.
I do think now is a time to be buying small chunks and buying all the way down to 6k. And if we go below 6k, I am sorry that you bought all this bitcoin.
That said, I do see more downside ahead.
Anything above 9500 invalidates this call.
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