Where I'm Buying the Bitcoin Dip in This Bull Run

uh the fast moving average, the exponential moving average is the buy target in a bull market and the sell target in a bare market. Very simple. So the big question now is is this the dip to buy or should you wait a little bit longer? How much more can they drop? How low is the price target? Okay. So, I'm going to give you straight up very simple answer, okay? Which is the bull market support band is the 50WE SMA and EMA band right here. And that level is the same, okay? The same level that we have been watching over the past month. The 50WE EMA is the level that you want to buy. So, the buy target now is at 78,400ish. the 50we EMA, this blue average line. Very simple. And that means how close are we to that level? Well, if you took uh this morning's candle to a price range, we are we we have dropped within 2% of the buy target. So that's why I say I'm buying this dip 80k, right? So I'm going to draw a comparison to 2023 right here. You see this band in this range that we uh consolidated just on top of in summer of 2023. This is when Bitcoin did this. Okay, first fake out and then actually broke above the bull market support band. So the bare market resistance band turned into the bull market support band confirming the bull run and then we had six months of chop right around this 50we exponential moving average. So that level before was at uh 25 to 26k. Okay, where bitcoin touched there went into this band but did not go to the bottom of this band and did not close above below it. So that same thing is happening right now. The 26k level is like the 787 9K level right here. So over the next couple months depending on the price action. Okay, the support bands will act very similar to 2023 expand like this where you have the bottom of the band in orange and then the top of the band in blue like this. Okay. And the top of the band here is where you want to buy because this is a level that is could realistically be hit. Right now that's at 78,500. Next month it might be 79,000. Okay, it slowly inches up. Once it hits there, you want to buy because this is kind of like buying Bitcoin at 26K, 27K in 2023, which have been really good buys. You don't want to target down here because this is the bottom line. Okay, the the absolute lowest level that Bitcoin should not go below which is currently 76K and it could be you know 75 74 before it eventually takes back up. So going back to 2023 again, what was the best strategy in the early bull run in 2023? It's to buy around 26 27K. Okay. Okay. Anything just below 30K and don't target too low. You know, you didn't want to target 22 23K because that was too much. That's like a stop-loss target, not a entry target. This is how I'm uh playing the market right now. I'm buying basically right now right around 80K with laddered entries down to about 78. I don't want to target anything below there because that would be a little bit too aggressive, unlikely to happen. And I will keep holding them and keep remaining bullish as long as the long-term moving average, the 50week simple moving average gets respected. And that's at 76 75. And that will slowly round up over the next couple months. That's my stop loss. With anything, with any kind of trade position, any scenario, there's always a probability for it to be wrong. In this case, if I'm totally wrong about this bull run, about, you know, buying the dip here, then my stop loss is currently at, let's say, 75. And over the next couple months, it will slowly uh get higher and higher as the 50we SMA goes up. So that's my current setup. I buy from 80 to 78. I have a stop loss at 75. If we break below 75, the bull market is kind of killed for some crazy weird reason. I think it's very unlikely for that to happen. But if it happens, I still have to survive. Okay, I still have to, you know, adjust my strategy and not go bankrupt. So that's why I still have this on the bingo card, but it's very unlikely to happen. Okay, so that's my current setup. buying the dip 80k to 78k stop loss below 75 um which is quite unlikely to happen but still possible and overall very bullish still have my whole entire bitcoin uh exposure 85% in bitcoin the last uh 10% or so I want to split between buying bitcoin and buying alts on this dip okay and the bitcoin buy target is 78 to 80k Now you want to make sure that you give yourself enough room to not get shaken out because this is a weekly signal. Okay, we are talking about a two-year long bull run coming up. So you don't want to look at a very strict number on a daily basis to call the bull market. In my mind, as long as we stay above 75, I'm good. But if we close the weekly below 75, that would be very weird. Then I really have to consider what's wrong and take that seriously. But until that happens, anything here into this um bull market support band is just totally normal because we have seen it in each of the previous early bull runs. It always happens because not everybody is con convinced on the bull yet. So it dips down, it chops, dips down, chops again. A lot of people say, "Oh my god, you know, Boran is not starting."