Bitcoin (BTC)

If Bitcoin breaks below $58k then it’s going straight to $20k with haste.

I don’t make the rules.

Most people will panic and overcomplicate Price Action at these levels.

They will be in the mindset of "buying the bottom". Instead, I just focus on building positions in areas of interest and having patience with those positions.

I like these levels for buying $BTC and $ETH. Does this mean I am buying the exact bottom? Maybe, maybe not. That doesn't matter to me. What matters is risking accordingly, meaning I am okay with adding lower and having the ability to do that along with patience to let the trade unfold. I am okay with taking on a little bit of red so that I can gradually grow that position size overtime.

Regardless what people believe or think, I am still in the mindset long term these are going to be great buying opportunities, even if they aren't "correct" in the beginning.

“The market is a device for transferring money from the impatient to the patient.”

Don't kill yourself watching LTF chop and trading it aggressively.