Alright team, here’s how I’m lining things up for Bitcoin:
BTC is hovering near $105 k, just cooling off after last week’s big run. When price drifts sideways like this, it’s loading the spring—volatility is squeezed, so I’m betting on a sharp soon.
My roadmap is simple: • If we punch through $108 k and hold, I’ll ride momentum toward $112–114k. • If we slip under $101k, I expect a slide into $97-99k. That zone is where I’m happy to load fresh longs. • A deeper wash to $92k–95k would be even healthier, but that’ll take time. Any dip below $100 k and I’ll start slow-DCA spot buys.
Alright team, here’s how I’m lining things up for Bitcoin:
BTC is hovering near $105 k, just cooling off after last week’s big run. When price drifts sideways like this, it’s loading the spring—volatility is squeezed, so I’m betting on a sharp soon.
My roadmap is simple: • If we punch through $108 k and hold, I’ll ride momentum toward $112–114k. • If we slip under $101k, I expect a slide into $97-99k. That zone is where I’m happy to load fresh longs. • A deeper wash to $92k–95k would be even healthier, but that’ll take time. Any dip below $100 k and I’ll start slow-DCA spot buys.
Most people buy Bitcoin via exchanges, such as Coinbase. Exchanges allow you to buy, sell and hold cryptocurrency, and setting up an account is similar to opening a brokerage account—you’ll need to verify your identity and provide some kind of funding source, such as a bank account or debit card. Major exchanges include Coinbase, Kraken, and Gemini. You can also buy Bitcoin at a broker like Robinhood. Regardless of where you buy your Bitcoin, you’ll need a digital wallet in which to store it. This might be what’s called a hot wallet or a cold wallet. A hot wallet (also called an online wallet) is stored by an exchange or a provider in the cloud. Providers of online wallets include Exodus, Electrum and Mycelium. A cold wallet (or mobile wallet) is an offline device used to store Bitcoin and is not connected to the Internet. Some mobile wallet options include Trezor and Ledger.
If riding a bucking bronco is your idea of fun, you’re going to love what the stock market has in store. Consider this past week’s ride a preview.The week’s action didn’t look like much, if you didn’t know better. The Dow Jones Industrial Average rose 213.12 points or 0.6%, while the S&P 500 advanced 0.5%, and the Nasdaq Composite ended little changed.
