Should You Buy Bitcoin Now at 77K or Wait?

Buy Bitcoin here at 77,000, or wait? Price ran from 62,832 to 79,461 in four days, its strongest week since March 2023, and it still has not confirmed a bull market. The line that decides it is the 50-week simple moving average at 81,790, and price stopped dead at the 50-week EMA at 77,200, the same band that capped the December rally and the April bounce.

This is the full read: why buying into that resistance is the worst trade available right now, what waiting actually costs you (about 6 percent of entry price) versus what it buys you (roughly 40 percent odds becoming at least 80 percent), why shorting a first meaningful rally ten months into a bear market is a bad idea, and the two scenarios that give you a real entry if you are still on the sidelines.

Live every Monday, Wednesday and Friday at 2 PM ET on this channel.

Chapters
0:00 The bull run has not been confirmed
1:05 Why this is the worst time to buy
1:28 December and April both stopped at this same line
2:41 What waiting costs and what it buys
5:16 The confirmation level is 81,790
6:18 Why I have never shorted Bitcoin
8:19 Two scenarios if you have no position

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