$BTC New ATH in around 800 days...
Price is approaching the timing window where previous bear markets have bottomed, yet everyone is starting to lower their targets.
With price down roughly 50% from the ATH, the risk/reward is becoming increasingly favourable. Could price still drop another 10-15%? Absolutely. But the risk is now skewed to the upside.
I'm buying. My spot allocation is currently 80%, and I remain swing long from 59.4K.
Price is approaching the timing window where previous bear markets have bottomed, yet everyone is starting to lower their targets.
With price down roughly 50% from the ATH, the risk/reward is becoming increasingly favourable. Could price still drop another 10-15%? Absolutely. But the risk is now skewed to the upside.
I'm buying. My spot allocation is currently 80%, and I remain swing long from 59.4K.