Video Description
Bitcoin is trading around 75K after the CLARITY Act cloture vote failed and the Fed hiked again, and the question in the chat was simple: is this range worth accumulating, or does it fall further.
My answer is that it can fall lower, and that the remaining range is too small to time. I add 5 percent more of my portfolio at 70K. At 66K I am all in. That is roughly 10 to 12 percent down from here and it is what I would treat as the final capitulation, not the start of something worse. I do not think we see 58K again.
The honest part is the part nobody likes: I cannot tell you whether this correction ended at 74K, or whether we still see 70, or 66. The gap is too small to have an edge in. That is exactly why I am already 85 percent allocated rather than sitting in cash waiting for a...
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This video from VirtualBacon provides insights into the latest cryptocurrency developments. Stay informed about BITCOIN market movements, technical analysis, and breaking news from trusted sources in the crypto community.
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