Buying now may work out very well over the next couple years...
Some things are lining up indicating now is a good time to buy for the next two years...
There is a ton of pain out there and prices keep going lower, however, if you zoom out, now is a good spot.
Based on past RSI patterns, the bottom is likely near where we are right now.
Check it out:
(Source: https://twitter.com/AurelienOhayon/status/1528929452767514627/photo/1)
Keep in mind that the RSI chart won't look that much different should bitcoin drop to $25k or even $20k during this latest downdraft.
So, this may not be the exact bottom, but if you are zooming out for 2 years, we are likely close.
I am looking at the dip as a buying opportunity.
I wasn't thinking of $20k downdraft. This is a wakeup call.
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#Bitcoin movement from a #foreign site...