WHERE TO LOOK FOR ENTRY POINT?!đ€
After rolling back to $60k many long-term models showed that BTC entered the undervalued zone. But the question remains open are buyers ready to support the market?!
Long-term metrics show the following:
đș Realised Price (the average purchase price of all BTC) is now about $55,000.
đș Shifted Realised Price (deeper accumulation zone) about $42,000.
Historically, when the price tested these zones a new growth began in 6-8 months.
â ïž But there are still risks:
We may have another drop, before the final accumulation with a potential goal of $52k. In a more negative situation, it is worth aiming at $38k-$40k.
During this correction I am still holding $ZEC short with huge +600% PNL and Iâm going to hold it further đ