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Here's Why I Am Going ALL IN on BTC AGAIN... Faces Will Melt...

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Guys, I think we are in the early stages of a run for the ages in BTC... I've been out of BTC since January and I finally have reason to believe that it's time for me to "get all my money in the middle" again...

I'll explain why...

Quick Backstory...

I loaded up on BTC in April of 2020 as I determined it to be the lowest risk entry point to go "all in." I sold all my BTC in January for $39,000 and moved into other "seasoned" alt coins and had another crazy run... I've since sold them.

My PERSONAL STYLE is to wait for spots to get all of my money in the middle. YOUR style may be different. There is no right or wrong style, each of us has to determine what suits our own personalities. The greatest traders in history teach us this...

Forward

Bitcoin has NEVER seen the level of selling pressure it's currently seeing, in it's ENTIRE history. There simply has not been this much selling pressure in BTC ever. Usually, when an asset moves to one extreme, it reverts back to the opposite extreme.

Example; we just saw a bitcoin halving for the second consecutive year in a row as BTC halved from $60k+ to $30k+. The move to get to $60k+ was an extreme one, with no real "cool off" period. So, I expect that after we have dropped to the lows of earlier this week... There will be a "cool off" period / consolidation phase.

I think we are seeing the last accumulation phase of this bull market. Then, we will go on a run for the ages.

We can trade sub $40k for MONTHS. It could even be an entire year, I don't have a crystal ball to tell you how long we will trade in the sub $40k range, but I believe it will be a period of months.

During this period...

  • People who bought the $50k range at the heels of Elons tweet a few months ago will become impatient and exhausted and they'll leave the market.
  • We'll continue to hear "negative news" about BTC and that will further fuel the masses to exit (and sell to the SMART money).
  • When most of the masses have been shaken down of their BTC, we'll start another leg up... it will be epic.

My Plan

  • Go all in... but slowly and steadily. I'll be buying every time there's bad news and the fear levels spike.
  • Get the hell out when there is extreme euphoria again - like I did in January. I can't predict any top and there are people throwing all kinds of numbers around, however, I'll look at PSYCHOLOGICAL INDICATORS. The same indicators that told me that I would be able to get back into BTC at a lower price later, when I sold in January for $39k.

Conclusion

The people who control BTC are executing a beautiful game plan here. They're shaking out the people they pumped up and they'll know when they're exhausted.

Then, they'll quickly and quietly move the price up to higher levels than the recent top, then begin luring the people who ran away, back in.

"It's going up again! I'll buy" is what many will say. Then, there will be a moment where a GIANT announcement will be made and people will be stripping naked to sell the clothes off their backs to buy BTC...

Then, we'll dump hard into the next multi year BTC bear market.

submitted by /u/GiantCoccyx
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