Don't let the current #BTC prices fool you into thinking the worst is over. The actual market bottom likely won’t hit for another three months, probably sometime in Q4.
At this point, anything in the $60k range is pushing into overbought territory. A smarter move would be to open short positions if it rallies back up to $67k–$69k, targeting a drop back down to $57k.
Based on how the classic four-year market cycles typically play out, the ultimate bottom for #BTC will probably sit somewhere in the $40k to $50k range. Don't stress about timing the absolute lowest point perfectly—it's nearly impossible. Personally, I'm planning to wait about two months for prices to settle into that lower zone, and then I'll start scaling in with leverage to build a solid average entry price
At this point, anything in the $60k range is pushing into overbought territory. A smarter move would be to open short positions if it rallies back up to $67k–$69k, targeting a drop back down to $57k.
Based on how the classic four-year market cycles typically play out, the ultimate bottom for #BTC will probably sit somewhere in the $40k to $50k range. Don't stress about timing the absolute lowest point perfectly—it's nearly impossible. Personally, I'm planning to wait about two months for prices to settle into that lower zone, and then I'll start scaling in with leverage to build a solid average entry price