synace on Nostr: As I posted before, I am curious about my indicator coming to the 1.0 mark. It was at ...

As I posted before, I am curious about my indicator coming to the 1.0 mark. It was at the .91 mark then, and is currently at 0.94. I've bought into $BITI at $21.12 and will try to ride it until my theory is validated or invalidated by the time my longer term indicator is at 0.70. Perhaps +/- 20% targets. Wish me luck!

quoting nevent1q…nv5m

People seem to like #bitcoin #charts. What do you think of my Red Light/Green Light lazy long term buy-sell chart? I'm basically a HODLer and I don't pay attention really anymore, except I do watch the green areas for alerts to "DCA" back in with any liquidity I've got, and the red areas as an opportunity to exit, if desired. An area of interest coming up is when the blue trend line crosses the 1.00 mark, I expect a mid-cycle reversal. We're at 0.91 now. Nov '15 -36%, Jun '19 -34%. I've never traded it personally, but I'm eager to see how it plays out. I might buy some $BITI inside the IRA for a short term trade in the next 2 weeks. I'll post an update on results.