Replying to Avatar Btcfeen

Just from a pure fuckery pa standpoint. A lot of folks thought the 618 fib would hold (48.5k). It has never broken before halving. Now all those folks have to fomo in that sold 48-53. They should do so by 80k. Once they do then comes a gut wrenching pullback. Maybe we run the 70k high and then retest 50? Would shake everyone out before the real move
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BTC401k 1y ago

Thanks for the thought. I’m trying to figure when to offload mining stocks. BTC 62k has been my long term target, but this pre halving run has been very interesting. Will probably start to sell chunks if BTC goes into 60s.

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Btcfeen 1y ago

Long term target for this cycle? I think it goes double that. Min

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BTC401k 1y ago

I was referring to pre halving target of BTC 62k as a potential top and time to take profit on mining stocks while BTC did a 20-30% correction. Rebuy mining stock dip, and hold for the big bull run that hasn’t even started.