BTC - FEAR AND GREED
ที่อัปเดต:
Hi all,
BTC reached the same price today like a one year ago. So if your investition in 8.1.2021 was 100K - your balance is still 100K today.
If you invested whole year every month 10K (DCA method - dollar cost averiging). You average purchase price is +- 47.5K. So DCA method sent your balance to nearly -13%, around 87K.
But this post is about FaG index which 8.1.2021 was 93 and today 8.1.2020 is 10. How the price react on the tops and bottoms of FaG? What we can expect next days/ weeks?
Structure from May to July looks similary like structure from November till today. There was two times 10 points reached of FaG in few days. Now we have FaG 16 and 10. It looks like the bottom should be soon (if not reached yet).
Can we expect start of bullish moves? Yes - we can. But we have to be prepare for all variants of moves. Here we are some of them:
1. Bulls take a lead if 52K+ and hold above (bulls area).
2. Bulls trap - we hit 47K - 52K and move back to 40K-30K (bears area)
3. Consolidation between 40K-52K longer time (neutral area).
4. Bears trap - move under 40K (bears area) and go back to neutral area and higher.
--
After I checked all markets, dominantion, alts, ... My opinion is that we are somewhere close to bottom. I can´t say that we can not go lower. But if yes I think that will be just bears trap. At the same time I can not say that we are heading 80-100K.
Next months give us solution.
If you are HODLer - nothing change for you. Just buy the dip and wait for your life target which have to be known.
If your are trader - prepare yourself by learning of TA, money management, RRR, patterns and psychology. Never loose your money. Use SL in every trade what you do.
BTC reached the same price today like a one year ago. So if your investition in 8.1.2021 was 100K - your balance is still 100K today.
If you invested whole year every month 10K (DCA method - dollar cost averiging). You average purchase price is +- 47.5K. So DCA method sent your balance to nearly -13%, around 87K.
But this post is about FaG index which 8.1.2021 was 93 and today 8.1.2020 is 10. How the price react on the tops and bottoms of FaG? What we can expect next days/ weeks?
Structure from May to July looks similary like structure from November till today. There was two times 10 points reached of FaG in few days. Now we have FaG 16 and 10. It looks like the bottom should be soon (if not reached yet).
Can we expect start of bullish moves? Yes - we can. But we have to be prepare for all variants of moves. Here we are some of them:
1. Bulls take a lead if 52K+ and hold above (bulls area).
2. Bulls trap - we hit 47K - 52K and move back to 40K-30K (bears area)
3. Consolidation between 40K-52K longer time (neutral area).
4. Bears trap - move under 40K (bears area) and go back to neutral area and higher.
--
After I checked all markets, dominantion, alts, ... My opinion is that we are somewhere close to bottom. I can´t say that we can not go lower. But if yes I think that will be just bears trap. At the same time I can not say that we are heading 80-100K.
Next months give us solution.
If you are HODLer - nothing change for you. Just buy the dip and wait for your life target which have to be known.
If your are trader - prepare yourself by learning of TA, money management, RRR, patterns and psychology. Never loose your money. Use SL in every trade what you do.
บันทึกช่วยจำ
Sentiment looks much better now. So - hopefully we will see better price soon.บันทึกช่วยจำ
Still valid. Nothing change.ปิดการเทรด ด้วยตนเอง
We are going down. The next stops are fibonnaci at 37.3K, 35K, 33K and 30K.
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