🔔 BTC - Historical Bear Markets 📉 Min : -72.02% 📉 Max : -93.75% If we think this cycle is over and bull market season is done, you should be trading with the possibility of at least a 70% - 80% drawdown in mind. Personally, I think it makes sense to start a spot DCA with 4 - 5 entries around 60K - 70K range. In the 2022 bear market, I also said on X and my Telegram that I would buying in tranches from 29K as the drop began. I mentioned EP at 29K, 21K, 15K, 10.8K and I was keep buying but unfortunately price reached only 15K range so I couldn't buy as much as I want. This time, I'm planning to set my DCA EP level even more tight and accumulate spot more aggressively.
- 1 reply
- 0 recasts
- 2 reactions
🔔 BTCUSDT.P (BingX) 5 * Right before the London session closed, price was pulled back up into the London session Low. * Currently sitting in a 5 min OB + HVP(HVN) zone. * Also need to watch whether it drops back below the middle line at 92,371.2 and whether it starts to consolidate around that area. * Even if it breaks up all the resistance, it’ll be tough to clear the 92,804.8 ~ 93,034.1 price before FOMC start.
- 1 reply
- 0 recasts
- 2 reactions
🔔 BTCUSDT.P (BingX) 5m * Sell Side Liquidity on 89,698.4
- 0 replies
- 0 recasts
- 1 reaction