Bitcoin

Adding On a Pullback

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I allowed myself 2 full days to pass before placing my buy order. This is very essential as part of my strategy not to FOMOing as soon as we see a massive run up. Plus the 2 days gap also giving us with some pullback to get it and avoid buying at the peak run price. Allow yourself too to pick up some BTC gradually for the next 24hrs or so.

The higher High (HH) in this runup is noteworthy too. This can mean we could see the short term bullish trend to continue toward 54k in coming days. On the other side, I am also seeing the MACD peak not so strong in the recent up move as from the previous. This can suggest the current pullback could continue, so it is better to wait and enter at small increments.

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