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.
Importantly, that investor viewpoint is not new. It cycles in when conditions are right (and vice versa). It also brings the ineffective warnings of an overpriced market with it.Looking toward a good 2022 stock market, there is no apparent reason to expect these issues to change.
However, analysts are positive on the stock now. “We have seen a huge downside movement in the stock due to the central electricity regulatory commission’s (CERC) order that seems to be negative from 2014-15 onwards but we cannot take a linear negative view on the stock and further downside movement on the stock is unlikely. Currently stock is underpriced. Investors can bet on it for a longer horizon," said Vivek Gupta, director research at CapitalVia Global Research.
