From here, focus on accumulating spot. The lower it goes, the more you buy.
If we treat the earlier rally as Wave 1, then we’re now in a Wave 2 correction. Wave 3 will push the price straight back toward the previous high, or even break above it.
1. In the past, Bitcoin surged by 20,000 points. That kind of rally isn’t something you’d see in a normal bear market, so I’m convinced the bull market is here.
2. Right now, Bitcoin is down 15% from its peak. Corrections at the start of previous bull markets were around 20%, so it could still fall further in the short term—to 72,000 or 67,000, perhaps. Either is possible.
3. Looking ahead, Bitcoin will keep shaking people out and tricking them into selling, before staging an unexpectedly powerful and sustained rally. Along the way, people will keep selling too early and getting liquidated on their short positions.
Based on past patterns, we’re already in the early stages of a bull market. There may be a slight dip in the short term, but over the long term, a massive rally is inevitable. Don’t let short-term thinking make you miss the strongest and most profitable leg of the bull market.
Remember: for quite some time to come, the plan is to keep accumulating a substantial spot position. Once you buy, try not to touch it until the bull market ends in 2029.
If we treat the earlier rally as Wave 1, then we’re now in a Wave 2 correction. Wave 3 will push the price straight back toward the previous high, or even break above it.
1. In the past, Bitcoin surged by 20,000 points. That kind of rally isn’t something you’d see in a normal bear market, so I’m convinced the bull market is here.
2. Right now, Bitcoin is down 15% from its peak. Corrections at the start of previous bull markets were around 20%, so it could still fall further in the short term—to 72,000 or 67,000, perhaps. Either is possible.
3. Looking ahead, Bitcoin will keep shaking people out and tricking them into selling, before staging an unexpectedly powerful and sustained rally. Along the way, people will keep selling too early and getting liquidated on their short positions.
Based on past patterns, we’re already in the early stages of a bull market. There may be a slight dip in the short term, but over the long term, a massive rally is inevitable. Don’t let short-term thinking make you miss the strongest and most profitable leg of the bull market.
Remember: for quite some time to come, the plan is to keep accumulating a substantial spot position. Once you buy, try not to touch it until the bull market ends in 2029.
