Since the last sell signal at $40,000 bitcoin is down 47%. Based on the Price vs Base of 30% and the historical value of the 20k price range being a previous all time high, this is probably a good area to at least start thinking about buying back in. I would only do this on spot positions though, trading on margin here leaves you wide open to high volatility and the potential of wick hunts trying to wide out stop losses.
The main area of interest for me is the 27k to 30k range, if it can get up there and flash a pre buy signal I will add to the previous 30k pre-buy signal I already took on a small percentage. This target is of course moving and as the days pass the base line will push lower.
Main take away, he is a good place for an entry, manage your risk and position size and it should be no problem in the long term.
The main area of interest for me is the 27k to 30k range, if it can get up there and flash a pre buy signal I will add to the previous 30k pre-buy signal I already took on a small percentage. This target is of course moving and as the days pass the base line will push lower.
Main take away, he is a good place for an entry, manage your risk and position size and it should be no problem in the long term.