I know we have a lot of doom and gloom, but actually, we are heading straight into 1 million USD some time Mid-late 2021!
First, we all know that we are in a descending triangle, and usually it is bearish, but we we are going to bounce at E.
And we are going to have a bunch of abc patterns, which more like to be more bullish than bearish, except one.
Obviously there is a major Danger hanging over us, sometime in the fall 2017, in the last AB to C pattern.
This may tank us back to 5.2k to 4.5k. So my long term patterns will be wrong, but it will spike up so fast and furious,
that it will be just a blip for most people. Stop loss probably not a good idea there.
So definitely keep a tight stop loss below 6.5k, psychologically, Very uncool for everyone involved.
Obviously, if the price ever drops below 3k, feel free to start accumulating as many BTC as u want!