RE: Bitcoin (BTC) Mid-Day Update: BOTTOM COULD BE DONE!!! $26,440 Short Term Target!!

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Bitcoin (BTC) Mid-Day Update: BOTTOM COULD BE DONE!!! $26,440 Short Term Target!!

in bitcoin •  7 years ago 

By longest are we thinking hours, days, weeks? Just curious. I know it will eventually go back up, just wondering how long I should wait to buy more. Im thinking 11K?

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Hours to days. Once the remaining down waves start to complete that should be easier to tell. Don't try to time the bottom though. If I ride a wave down and sell say at 14k and think it is going down to 10k, I set the limits at 11k. Better to gain 3k and not 4k than to try for 4k and get 0, I think. But follow your own instincts.