Oops! - I should have bought.

#bitcoin #money

Well for now the market for BTC seems to have moved on and up. Any regrets about not buying at USD 100k to 105k should be put aside. This moment reminds me of Sonny in the Best Exotic Marigold Hotel who says “Everything will be all right in the end... if it's not all right then it's not yet the end.” So if you think it is not alright that you did not buy then its not the end of this rally.

Coming back to earth IMHO I expect BTC to fall back to the USD 115k - 116k range in the next few days, which may be a chance to rectify missed buying opportunities.

The past four pumps since April 25 have shown that generally there is a pull back of up to 40% of the previous increase. The market then either stabilises or chooses to move higher. The recent top of USD 123k plus change, if taken as the top for now, indicates the future buying price.

I do note that this recent increase in the BTC price in USD terms is higher than in the past and possibly related to flow on effects of Trump’s Big Beautiful Bill which is inflationary and will flow through to multiple asset classes. Accordingly, any pull back may be larger than in the past. Personally, I will be shooting at USD 110k for orders in the market but will be ready to move on USD 115k range if the pull-back reverses.