Bitcoin (BTC) Halving Due in More than 2 Years DCA Now

Dan Held shared: Is this the start of a Bitcoin breakout?

Community Response:  Halving is a little over 2 years away.  You should be positioning now if you want to DCA into Bitcoin before it’s too late.

I didn’t mean too late – it’s never too late to DCA into Bitcoin, but the price you’ll be DCA’ing in at may be very, very high.

Not holding my breath. The macro picture looks dismal. S&P 500 just dropped below 180 and 10y is rising. Still RISK OFF right now. Maybe this will show BTC can be a risk-off hedge, just haven’t seen that yet.  Zoom out, the breakout is still on.

Bitcoin breakout started 12 years ago.

That’s an interesting point of view.  BTC is the revolution and it just started.

This is the last relief rally before we continue downwards. Capitulation is still roughly in 35 days. Right around when the fed announces the first-rate hike. The bear market moves to a tee.

Do ourselves a favor: Stop checking crypto prices.  Stop checking NFT floor prices – stop refreshing your stock market app – start focusing on how to create new and interesting products.

He hasn’t seen a BTC-Chart for a while, but yet another sponsored account that keeps up positive thinking w/ phrases, and looking further he has no clue what he is talking about.

Ask me in about 3-1/2 years. Checking out until then.  We don’t know, but 47k dollars at least. Carry on back to $69 50/50 chance. Breakthrough to ATH – not impossible. One of these three is what is currently on the menu. Most likely the last two.

Before we go down at 24k this month or March (when the financial year ends for everyone in most countries, trying to cash out and buying on 1st April). 

Bitcoin has been breaking out since its inception what do you mean.  Looks like. I can see from my indicators that selling pressure is not existent.

Or is this the next dump? Or is this the next sideways move? Or is BTC about to chill? So many important questions.

Maybe. Having two weekly straight Heikin Ashi candles will give the market a signal.  But there were moments in 2017, 2018, and 2019 that it was not the case. Even though the market today has evolved a lot.

Break out to downside.  It had a bad year and a half.  To be honest, not performed – not even up over 13 months.  It’s a bounce. It’ll go down as the market crashes. Because people need to liquidate, not because they want to.