Bitcoin tagged its cycle floor, how to accumulate

#bitcoin #dollarcostaveraging #200weekma

Bitcoin just tagged the line that has marked every cycle bottom. At ~$61K it is down ~51% from its $126K high and sitting on its 200-week moving average, the line that marked the 2018, 2020 and 2022 bottoms, each followed by a new all-time high. The 300-week line sits just below near $54K, and Fear & Greed is at 12: extreme fear. The catch: the line has to hold, and it can take time, in 2022 price stayed below for ~16 months. So it is a setup, not a guarantee. Don't try to time the exact bottom, average in across the $54K–$61K band over the next 3–6 months while the low forms.

Don't time it. Average into it. Save this for the next red candle.

Educational only. Not financial advice. #Shorts

Видео Bitcoin tagged its cycle floor, how to accumulate канала Silvermountain