Thread by @WalterCripto

We all know that the stock market will eventually recover. And the crypto market will too.

Nasdaq broke some key supports on friday, after that the crypto market entered derisk mode (people selling to preserve their capital, anticipating more downside)

https://twitter.com/WalterCripto/status/1484608775931801604

The only question is how long it will take, and what will be the bottom.

NO ONE knows those answers, we could return to ATH on monday or in a few months.

I will be actively waiting, monitoring the market without feeling the rush to invest, doing some DCA in major support levels. Searching for macro bottom signals on our MBI, and most importantly waiting for our Trend System (TS) to flip bullish again.

Remember, if we zoom out, we are still bullish on a monthly perspective. This is just how the market works. If you are watching the screen all day you will get trapped in the volatility.

https://twitter.com/WalterCripto/status/1484649011344818184?s=20

Define the timeframe in wich you are goint go trade.

- 4 hour timeframe or less you need to be watching the screen all day.
- Daily, just once a day (this is the one i use the most)
- Weekly... (you get the idea)

All those timeframes have different supports and resistances (sometimes they coincide).

Whatever you do, have a strategy, react methodically, you will sleep much better this way.

I will do my best to continue providing midterm perspective and answer all your comments, but for consistent updates please consider joining our Patreon (link on my profile)

As we grow our twitter it will be more difficult for me to answer all your comments here.

Not financial advice.

#BTC #BitcoinCrash #bitcoins #cryptocurrency #Ethereum