Bitcoin on the Weekly – Entering Peak opportunity
BITSTAMP:BTCUSD
Bitcoin is entering the green zone of the logarithmic growth curve
This indicates that we have entered a period of peak opportunity. If you believe in the future of bitcoin and its narrative then this might be one of the best few weeks/months to accumulate bitcoin and other large cap alt coins.
I have pulled a fib retracement from the March 2020 swing low to the 2021 swing high. We are basically sitting above the 0.5 fib retracement level which is at $34732.
There could be another capitulation event which would kick start the next leg of the bull market – per Elliot wave theory
Actions:
Dollar cost average into Bitcoin and your favourite Top Alt coin at these levels
Stake all your crypto assets of decentralised exchanges
Chill out
