the down weekly candle we see midway through the week does look very much like the down candle following the run up to 20K in 2017, that correction saw a base form at the 4K level, If we are to repeat that here( markets seldom perfectly repeat anything) we would get a new base at the 16K level. Hard to believe we will get there but Bitcoin has a history of overshooting peoples expectations
Bitcoin Buy Weekly Strategy
That is certain. I just cringe when I think of the people who bought it when it hit 40k. I’m sure there were plenty of those.
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I sold off early Sunday, good timing on my part because I bought at around $30K I think. Reinvested the profits about an hour ago. Hopefully it works out, if not then I’m not out anything.
I did not really plan on getting back in, but I couldn’t resist. I will not be selling this time.
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I said this too when it was at 20k in 2017 
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I don’t see any reason to panic just yet. We are well above $35k.
If we get below psychological level of $30k that would be a problem.
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this is why I preach buy a little ever week, it you waited until 40K to buy your first Bitcoin then it is on you
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I regret not doing it as I followed your thread. 
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Agreed, time to take out longs!
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It is critical for BTC to maintain upward momentum during today’s Asian session,
otherwise double top may be forming.
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Even as we are down 900 as I post this we could still see another green weekly candle
I did too, back then. Now if there’s a big drop it’s going to be even more painful than the 2017 one.
USD is stronger today. This may be a contributing factor. Hopefully BTC will still manage to close above 200MA on 1H chart.
I’m curious to see when BTC will rally above 40k. And if that will even happen.
