The bounce of Bitcoin I have been expecting a bounce in BTC and tech stocks (QQQ) for 2-3 weeks now. Last Friday QQQ closed at a upward hammer, and the VIX and NDTH all reached levels that indicate a bottom. So I think odds are good stocks can bounce up next couple of weeks. With BTC, the chart is not as bullish as QQQ on the weekly. But there are a few things that makes me think we will get a bounce next 2-4 weeks. First, the whales on Bitfinex are at HISTORICAL LONG position on Bitcoin now. As you can see on this chart, the yellow line is the BTC long position on Bitfinex, and to push it up that high, usually you need whales to do it, and they are buying so much more than at any point than in the past few years. So that means they think that 24/25K bottom on Bitcoin is real. And I have marked out in green the times in history when the Bitfinex whales were very bullish, these tend to be major bottoms! They're less reliable at predicting tops, but the bottoms are pretty accurate it seems. So, if you did DCA in at 24-28K, then it seems the whales agree with you that was very likely a bottom. At 31k now, if you want yo go long it's obviously more risky, and depends on the stock market. I have been expecting the market to bounce and think that it can go higher, to touch 40K likely. But the odds are not as good now as it was when it was below 28K. If you have positions or is holding onto losses, then think about selling the bounce rather than adding more risk to your position, Not Financial Advice!