I wanna buy more low and hold. Im not giving these up for anything.
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I trade Bitcoin, which is nothing like stocks, so take this with a pinch of salt…
This is Not financial advice, just what I see.
At a glance I would say that if there is further retracement I would be looking for the gap to be filled down to $44-$47. There’s a few technical confluences there.
What concerns me is that most of the traded volume was at about $18.50, so be aware that if $44 is lost $18 could be the next stop. If you can watch the volume at those prices you could make a more informed decision.
With that said. It only takes a few whales to buy big to push price up..
Anyway, long term I think it will more than recover its highs.
Thank you.