Baron's Crypto Trading Journal

Might be wrong, not the first time, but BTC appears to be in final phase of a Wave A of ABC correction:-

 

We hit 43K, so BTC went down 37% in 3 weeks. Even for buying BTC good timing is essential.

 

-39.18% to be exact and lower than 43k - see my chart previous post right hand side bottom

 

For slower traders, this has been a great way to trade BTC just using weekly highs and lows.

 

coinbase datafeed and BTCUSD:

• high on 11 of november 69,000
• low on 4 of december 42,333
• so 38.67% drop

There are many different lows and highs, depending on where you watch:
here a screenshot with lowest at 49,204 and highest at 52,212. All this at the same moment.

 

Yup including Tradingview - what I used. Didn't check my TradeStation data because they unfortunately don't push thru weekend trade data its moot.

 

Haven't hit bottom yet.

 

Really - based on what?

 

• I have an idea.
• Next purchase to be in Bitcoins so that total holdings are 1 Bitcoin.
• Then accumulate another Cryptocurrency.