It sounds like you are talking about a trading strategy that would generally be more useful if used on coins other than Bitcoin because I don’t think it would be good enough to trade Bitcoin at this time even if you could eventually buy back in. But it would be much better if you were willing to hold your Bitcoin and use the strategy on other coins with a higher profit target over a period that you believe in. However, given the current market changes, I think focusing on identifying support levels within the market could be a very good move at this time as well.