LOL, charts. If charts had predictive value then everybody would be rich.
Bears buying in at $130, also LOL. As soon as it hits $130, most bears are going to wait for $50.
Lets not forget the reasons bitcoin is so low, and that is people just lost interest in it.
When I was taking a position I was not either bullish or bearish exactly. I just noticed you are Edward50 who I remember from back in those days. Hiya! How did you make out?
Anyway, although I changed my numbers on occasion, I mostly picked an amount of USD I planned to put in. I'd buy, say, 25% of that number then pick a lower target for the next tranche. Yes, I missed my last target ($1.65-ish as I recall), but I ended up with many many more BTC in the long run considering I started at about $15.
Times are a little different now. The details of development and ecosystem are different, but they are just as important to keep an eye on. If I had no BTC now and some money I could afford to lose, I very possibly would be a buyer at this point to sit on just in case there is a big win. No different than when I started out though I ended up buying a lot more than I had initially planned. And I'd be employing the same buying strategy that I did back in the day.
