Saturday, May 28, 2022

I call bottom ( $1700 )

I usually only restrict myself to posting in the daily discussion.

But since these events are pretty rare, it's still worthy of their separate posts.

I'm calling bottom at $1700

You can't go much wrong with any buys in the range of $1700 - $1800 right now.

We are entering our 9th red candle week. That's a record.

On something that is bullish AF on the long term.

I mean, get this: ETH is going $10k, $20k

Bitcoin is going to hit $100k somewhere in the future, that has become almost a law.

And when Bitcoin hits $100k and beyond, the road lies far wide open for ETH to reach $10k

That's the big picture, that's the long term chart.

A 9-week streak of red candles is really, really, pushing the limits of the bears in this huge bull run we've been in since 2015. The bears are running out of ammo.

Honestly, what more does anyone in here expect from this short bear market within the bull market... $1300 ? $1000 ?

There is not a single metric supporting such a price.

Be happy with the discount that you can get, it's not going to get any better than this.


No comments:

Post a Comment