source avatar𝐋𝐨𝐧𝐠𝐓𝐞𝐫𝐦®📊🏆

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$BTC kissing the moving average on the monthly timeframe. The bottom should be somewhere around here or close by. These retests after the change of the trend are usually best risk-reward opportunities. It is like the period from April to October in 2023. I was there so I remember very well. Buying on the way down in the bear market usually gives you bad average price. Buying the all time high is the worst one of course. But retest after the trend has changed from the bear market is the best risk-reward position. Because it is pretty far away from ATH, but not so far away from the bottom. But what is important, now with higher high and higher low, there is a confirmation of the change of the trend. Psychologically? Not the easiest place to be in of course. But if it would be easy, everybody would make it.

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