This chart visualizes how I'm currently looking at the price development in Bitcoin
It is more about visualising possible scenarios when the 207 or 223 level breaks.
I expect volatility to come back very soon and one can better have a few scenarios at hand to avoid losing all control.
My approach is to sit and wait in fiat and FOMO the shit out of any large volume move with the objective being to catch that single move.
Longer term plays are, in my opinion, suicide in this minefield of margincalls and stophunting.
Trade wisely!
It is more about visualising possible scenarios when the 207 or 223 level breaks.
I expect volatility to come back very soon and one can better have a few scenarios at hand to avoid losing all control.
My approach is to sit and wait in fiat and FOMO the shit out of any large volume move with the objective being to catch that single move.
Longer term plays are, in my opinion, suicide in this minefield of margincalls and stophunting.
Trade wisely!