There’s no doubt about it. BTC is up for the year. But not as much as many expected. Some thought valuations 75k+ in 2021 was lowballing. Many disappointments. Lets move optimistically into 2022.
It appears true to me that what BTC does, the crypto market echos. BTC, like everything crypto is not up as much as expected ROI for the year. We’re riding my fair value line.
We are at the beginning of something big. Have your orders in. Buy limits. Take profits. Set stop losses. It moves quickly. It moves dramatically. Not being liquidated is important. It’s gonna be volatile. 30–80% swings can be expected. Be prepared. Do not forget to take profits. More often than less sometimes. Think about it seriously.
To get to 1 million USD BTC we have to go through 75k, and 100k, and … but it can be slower we might like.
The volume has been low these weeks, months. The S&P gains will move to crypto. Patience.
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My ideas and opinions are that alone. Mine. Trading *is* risky and *most* traders lose. Trade at your own risk.