Have patience in Bitcoin.

Here's something I prepared earlier in the year. I still think this is valid, though it is six weeks old.

Last week I published this.
It's up 25% since then. Not bad, eh?

Please beware of the perma-bulls. It is all to easy to go off early, because it's exciting.

This bullish action simply helps to confirm that we are likely accumulating, NOT that the accumulation is over.

Some REALLY IMPORTANT things to remember:

• Patience is important. It's all too easy to believe NOW is the time. Wyckoff teaches us to judge it better.
  
  
• It is all a game. I showed in this post how easy it is for big players to manipulate the price. If you understand the rules (I do and they do) then it makes it easier.
  
  
• The safe way is DCA. If you want to leverage it, then wait for the next drop.
  

How low will it go? I am not a clairvoyant, but if it gets as low as 16-17k, where everyone like you would love to buy it, then a wick is all you are likely to get. It is A GAME, AND THEY KNOW WHAT YOU WANT TO HAPPEN.