Bitcoin on the Weekly - Entering Peak opportunity

5 thg 5, 2022

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