Technical analysis by cryptodreamer79 about Symbol BTC: Sell recommendation (9/28/2022)

Hello fellow traders,This chart is more a reality / sanity check then it actually predicts timing or levels.It is all about making a plan to suit what might be on it's way.The reason i throw this at you is to make you check your plan and see what it does when things don't go as planned.All i see are videos on 70k / 100k even 200k new cycle tops and stating how much your money will be worth when you jump in now.But what if, and yes that is a big what if, but what if the recession will make us drop back an entire cycle.- That means the bottom is somewhere between 3k and 1.5k.- That also means the next top might get stuck at good old 20k level.Now look at your investment and where it would be if that would turn into reallity.What i am saying is be ready for whatever the market throws at us.For me that means i spent only 10% of my money on buying BTC around 20k.If we keep dropping i can still spend 90% of my money, if we break to the upside i can always decide to jump in with the 90%.Long story short, staying liquid gives you options to react, going all in to soon limits your options to watching your portfolio shrink and praying a new ATH will be made.Stay safe and don't underestimate the macro economic powers that are in play this cycle.There is no historical data on crypto during a recession, so for me all historical indicators are invalidated.As always this is no financial advice, if you want to jump in line with the herd just be my guest.