BTC buy limit
Buying 6,377
Stop 5075
Target 18,000
This is an asset I've not really been on the long side of before.
I've twice sold the bubble top moves ($900 first time, $18,000 second time) with decent success.
BTC has shown itself to be a serial bubbler - which can be more accurately described as "Strong trending".
Now we have a large correction from the highs and the butterfly trend continuation pattern presenting itself in the major retrace level of 61.8 - 76%.
It may be after another spike out low, we see the BTC bulls charge yet again.
This could take BTC to new highs. Ultimately trading over $25,000.
$18,000 is my buy target. I may be in the "buying dips" business after that into new highs. Will update closer to the time.