BITCOIN BTC TRAJECTORY

2022年3月12日

Seems obvious, but personally I don't think BTC will dip below the liquidity in the green zone. Bitcoin hasn't touched its previous high during any correction so far, and I don't think it's about to start now. There are too many ecosystem advancements and this bear market has been enough to shake out bad actors. The demand for Bitcoin is higher than is priced into the asset. It's been vilified by many, but that sentiment is a thin veneer that can easily shatter with new, more efficient technology, and use cases for clean energy adoption and usage of surplus power and utilization of waste heat can bring environmentalists on the side of Bitcoin in the near future. Especially when CBDCs become more prevalent, Bitcoin will be adopted more widely as a monetary asset, and the assumption that the US would ban it is ridiculous, as that restriction would violate codified ideas of American culture, and receive backlash from investment firms.

I have to remain open to the possibility that Bitcoin will dip down into the red zone, but if we don't look at every correction as an opportunity, we lose when sentiment shifts again in our favor.

While this post appears to share a bearish view, I think the green zone will provide ample buyers, and Bitcoin will quickly regain ATH. Many who lost during the downwards grind will need to buy back in with less capital, and the whales will recuperate their holdings. That cycle is unfortunate for many, but those who have sustainable systems of investment, or are extremely clever, will win out and that makes the ecosystem stronger.

I will begin DCA in the green zone, and I'll do the same if price breaks 46k. Remember, if you're trading, it's not about the price you bought at, but the percentage gain to your portfolio.