Where are the bitcoin lovers now?

[FlirtLife]

No it's a great time to invest...wait for the price to drop after the halving and look for bottoming signs(aka drop to the "Golden Pocket" area of the Fibonacci) and then buy. Price usually rebounds strongly within 3-6 months.

A website claimed the following, which is more than I know about the subject:
"The golden pocket in trading refers to the key Fibonacci retracement levels of 38.2% and 61.8%."

After a halving, your approach is to buy after a 38.2% or 61.8% drop within 3-6 months, then HODL. The 2020 halving occurred on May 11, which Yahoo shows closed at $8600/BTC. For the rest of the year, it never went below that point, tripling by year end to $29,000/BTC. Did I miss something, or did this approach not work in 2020?

Perhaps you can mention a time where it worked, and the key drop / buy-in.

 

[BackInTheGame78]

Looking good for takeoff...big wick on the daily yesterday, almost a perfect pullback to push up and thru the ATH from here.