Step 1: Wait for blood in the streets. Step 2: Place order just above where the 120 SMA and previous ATH converge. This should fall within the 50-61.8% fib retracement zone on the daily. Step 3: Wait patiently for your order to fill. DO NOT PANIC. You will be tempted to move your order lower when price gets close. Don't. Step 4: Sell when price doubles or approaches the upper trendline. Step 5: Rinse, repeat, retire.
My thoughts exactly. Bitcoin has proven to be one of the most predictable assets given it's size. Zoom out to a 12 month chart (as shown above) and things become quite clear..