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- Can Bitcoin Leap 300% Higher From Here? This Indicator Says Yes
Can Bitcoin Leap 300% Higher From Here? This Indicator Says Yes
Where Are We in This Bull Market?
Can Bitcoin Leap 300% Higher From Here? This Indicator Says Yes
At the end of the first quarter, bitcoin did something very special.
It’s only done this on four other occasions. And each time it went on to rise at least 300%.
I’ll tell you more about that in a moment. But first, let’s talk about this recent bout of volatility.
How to Stagger Your Bitcoin Buys for Profits
As I write this article, bitcoin is trading around $65,000 – about 11% off its all-time highs set two weeks ago.
Instead of enjoying what I believe to be the early stages of a bull market… Some people are losing their minds and wondering what’s causing the sell off.
Friends, hear me when I tell you this: How you spend your intellectual capital matters.
Asking questions that don’t have definitive answers is a quick way to squander your mental resources. If you can’t think straight, you can’t make good decisions. And if you can’t make good decisions, you'll lose money.
You must understand that bitcoin doesn’t need a reason to be volatile. It just is. That’s the nature of this asset.
Once you completely accept this fact, you can start focusing your mind on more important questions such as…
What phase of the bull market are we in?
At what price on a pullback should I buy more?
How high do I think bitcoin will go during this bull run?
Where do I want to take profits?
I’ll tackle those questions below… and show you why – according to one flawless indicator — bitcoin could have at least 300% more upside from here.
Where Are We in This Bull Market?
Let’s tackle the first – and for my money the most important – question: What phase of the bull market are we in?