šøSometimes, a simple Bitcoin ($BTC ) chart plays out so perfectly that itās beyond what our minds can plan or predict.
šøI had planned to buy at $76K after selling at $95K on March 6 (shared this on Binance Square too), but I didnāt end up buying at $76K.
šøNo worriesāweāll catch the next move.
šøLooking at the current scenario, Bitcoin could take support at the same level which was first support, then turned resistance, and now again looks like support. That level is shown by the green horizontal line at $90K.
šøIf we get confirmation from that area, we can plan a major buy. For now, Iām out of the market.
šøNow, some people will talk nonsense saying, āYou said yesterday to buy near the $98K zone.ā So hereās my response to them:
šøI mainly work based on fundamentals, not just technical analysis.
šøIn my opinion, the current fundamentals donāt yet support the start of a real bull rally. I might be wrong, but I still think thereās a possibility of another correction in Bitcoin.
šøThat correction could take us to $95K, $88K, or even $60Kāit all depends on how the conditions evolve.
šøI prefer to buy during retracements, not during #FOMO .
šøOnce a retracement happens and the market shows strength, thatās when Iāll look to buy.
šøThatās my approachāplanned and strategic. Not every move is for me. Sometimes, the market rewards retail investors just to keep them hooked.
šøIām committed to sharing what I doāso donāt worry, Iāll continue to update you.
šøAnd let me say this again: I wonāt be right every time, and I wonāt catch every move. Stay tunedā¦
