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RE: A Diversified Mid to Longer Term Portfolio of Highest Dollar Potential Cryptos Looks Like This.....
I agree to almost everything you say in this video. The only thing I disagree is the sub 500 BTC. I can't imagine it falling this low. I think 76-78% correction is what will start the buying spree. So if BTC goes up to 10,000$ in wave 5 and falls afterwards, I will be buying 2200$ - 2400$ like crazy.
TA's often are called crazy. They will find out in a few months/years that we are not. Let the haters be haters and don't care about them.
There will be a point when they look back at this moment in awe and shock.
Well said! Upvoted comment!
Yes, the 78% retrace is a good Fibonacci stop point. I select sub $500 because at this level, sentiment of disgust, fear, loss for Bitcoin will better reflect bottom of Wave 2 at Cycle/Primary Degree. If a drop from $10k to $2k could reflect same sentiment, then the dollar value matters not...only sentiment matters.
However, what is Technical Analysis but symbols of symbols; hence, twice removed from reality. TA measures only the reflection of sentiment and so I'm always open to adjusting my counts when needed.