If you zoom out it looks like a good time to accumulate

in bitcoin •  2 years ago 

Regardless whether we go a little lower or not, it's likely a good time to be accumulating...

Sure, you might get lower prices, possibly only slightly though.

If we look at recent history, it looks like the lows are most likely already in.

That would mean the $18k isn't likely to break bast on past patterns:

image.png

(Source: https://twitter.com/kabweh2/status/1560701997816463363/photo/1)

Plus, the price is likely to be significantly higher over the next couple years.

Given that backdrop, it makes a lot of financial sense to be accumulating and dollar cost averaging around these levels.

Personally I am looking to see how the price reacts when/if it gets back to the $20k area or even the $18k area.

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Crypto Currency, its digital money.

Thanks sir you are explaining to us through chart.