With each rally a 30% correction, am I to assume that the next bull run when BTC goes above 60K we would have to be on the lookout to short invest to make money on a possible 30% drop?
Posted Using LeoFinance Beta
With each rally a 30% correction, am I to assume that the next bull run when BTC goes above 60K we would have to be on the lookout to short invest to make money on a possible 30% drop?
Posted Using LeoFinance Beta
The idea is that the price likely goes up at least 100% from wherever the lows are from this current pullback. Once we cross that 100% gain, yes it might be wise to be cautious of the next 30% pullback.