Rekt Capital
@rektcapital
Crypto Investor/Analyst
Writes RC Newsletter:
Follow for level-headed insights on Bitcoin and Altcoins
Joined October 2017
172 Following 563.2K Followers
#BTC#
It's always very tempting to just assume Bitcoin will go on and produce -30% pullbacks in Bull Markets
After all, deeper pullbacks afford better prices for entries
But it's not about the pullback depth we desire but about the pullback depth that is reasonably probable based on where Bitcoin is in the cycle
Take the previous 2022-2025 cycle:
Bitcoin only saw over -30% retraces in the Post-Halving period
Pre-Halving retraces were much shallower, just over -20% each time
Early-stage Bull Markets offer shallow pullbacks but those pullbacks are great opportunities for the long-run
$BTC #Bitcoin#
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In #BTC# Bull Markets you’re always one -10% to -30% pullback away from a great entry
And if such a retrace were to occur in the near future then there’s a good chance Bitcoin would revisit prices not very, very far away from the $58k lows
You don’t have to buy the absolute lows to do well in a Bitcoin Bull Market
After all, the very few who manage to buy the absolute lows may also mistime the Bull Market top and sell too early
The aim is to capture the majority of the trend and the key going forward will be to buy on any deeper future pullbacks
$BTC #Bitcoin#
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