No... If I'm right it all goes back down to 16k - 18k: buyers come out then it goes back up to 23k - 24k: sellers come out. So BTC ending up being range bound for a time until the buyers get their fill at the bottom of the range and the sellers run out and will prolly end up buying too at some point. Dunno.. But all these guys blindly saying to buy the dip are right for now.
And I still think all the stuff that's going on in the world will still have an effect crypto. And it's all not looking good rn.
My latest "realistic fantasy" scenario is like this: I save as much fiat as I can this year (by converting a little more BTC than usual each week/month) and hopefully, after 10 months I can set aside as a reverse DCA, maybe $6k (it's the best I can do, about $500 a month)... and then by then, or soon after, we see that super dip.
If you're right at 16k (I'm thinking $14?) then that gets me almost ~0.4 BTC, something difficult for me to get anyway.
If we're wrong, and BTC goes back to say $30k, I'm buying it all anyway and get only 0.2 BTC.
It's not even much but as I said, I'm willing to try this, because if worst case scenario happens (I also believe the bad stuff going on around us has yet to really bear in) and we even see sub 10k, I would be very well positioned. And I've never been in that position =)
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