How to Buy Bitcoin Low And Sell High For Dummies
With so many new readers, I need to include a trigger warning: What you're about to see is "experimental" analysis (not my usual technical analysis) + a warning to the weak if I'm being honest.
When it comes to buying Bitcoin (and altcoins) right now, I’m skeptical.
I’m the neighborhood permabear, so I have to keep it suspicious.
It’s been a while since I’ve done a good Bitcoin recap. Today is the day.
I’ll Start By Asking, “What If?”
I always knew there’d be some serious resistance for Bitcoin at $100K, so now it’s time to ask, “what if this is it for the Bitcoin wave”?
That’s why my price target for Q4 2024 is $102K. I want to be clear, I don’t think that $102K will be the high of this cycle. That’s my de-risk level for this bull run (the price where I get my money off the table).
You know how risk-averse I can be. I took the $99K, so I’m playing with house money at this point.
Where Were You in 2022?
Were you buying crypto when it was on sale, or are you rushing in to not miss out?
I’ve been waiting 7 months for this moment, but I won’t pretend I know exactly what happens next like it’s totally obvious. The highly anticipated parabolic breakout through $100K is supposedly right around the corner.
There's about a 10% chance that this is the start of a macro bull trap, and a 50% chance that ANOTHER sizeable pullback is ahead.
Keep in mind: Bitcoin is entering Price Discovery, the scariest part of the bull run.
Am I Afraid Of A Fall?
Not until $75K-$70K. In the $60K range I’d be scared.
When Bitcoin was gearing up to make it’s recent move I shared the one condition that would flip me from a bear to bull, and that’s the $70K support / resistance line.
Technically, it would be really healthy for Bitcoin to pull back like that. But too many of you bought the tippy top last week, so you must be scared.
Here’s A Bitcoin Dip I’m Buying — How This Chart Makes Easy Money In Crypto
Here’s something you’re not going to believe—until you see it for yourself: The Market Maker must be astrologist because Bitcoin’s price movements are practically written in the stars.
No, this isn’t some astrology pitch (I’m not even into it). This is a data-driven edge I’ve used to time entries, exits, and even call Bitcoin’s all-time high in March. This indicator makes me the most consistent analyst around (when it’s hitting).
So, when you understand how new moons and full moons correlate with market sentiment, you’ll start spotting opportunities others miss every time—especially when pairing it with options or Bitcoin-related stocks like MSTR.
Let me show you exactly how this overlooked indicator worked before Bitcoin’s peak and how it’s shifting now in 2024. Buckle up—you’re about to gain a whole new trading edge.
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