Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
criptoevangelista
on 26/02/2024, 20:57:16 UTC
⭐ Merited by JayJuanGee (1)
....



Thanks for sharing your strategy, it's something close to what I imagine doing when I'm ready to make the exit move.



I have no doubt that 60k will come this week... and we would break the pattern if the ATH comes before the halving... In this case, breaking the pattern, I ask the more experienced here: What would be the thesis of identifying the target? since we would only have psychological targets... I know that no one has a crystal ball, but I wanted to know, if possible, what yours theory is.

In the bear market, I used partial purchases on a 50% price drop to take advantage of a possible pullback... and then larger entries on a 70-75% price drop from the ATH

However, I still feel a little unsure about identifying the target, I know that the best way is to gradually go out at the average price.

Unfortunately, or fortunately (depends on your point of view) I still need to use position trade to be able to build capital.
You should ask JJG about that.

Thanks for the sugestion.



@JayJuanGee Could you give your opinion on this? I know that it is practically impossible to predict exactly where the target will be and that is not exactly what I would like to know...

My case is that I still don't know how to identify the best exit regions.

Your withdrawal strategy is based on the exit moment after building capital, in my case I am still under construction. What would you do if you were in a capital construction situation? If you could share some knowledge so I can adapt my journey I would be very grateful.