Docofalltradez

How many draw downs before the top?

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BITMEX:XBTUSD.P   Bitcoin

I love the mechanistic nature of bitcoin. The 4 year cycle chuggs along with plenty of draw down action. I love using Tradingview drawing tools and the Log scale to draw pretty pics. Ironically this rectancgle fits nearly perfect and at a key resistance levels and it nearly hits the history 30% draw down. I for one can't wait for some more pull backs to DCA.

I have my orders in at 42K, I hope they hit!


Happy Trading

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