I added more ($BTC) Bitcoin to my purse, catching 3 buys at 47k, 46k, & even one in the 45s. These are the moments of FUD (Fear, Uncertainty, & doubt) you look for to add to positions in crypto, at least in a bull cycle, which we are clearly still in.
My proxy bitcoin plays in the market appear to be off in the after-hours session, both $COIN and $IPOE. However, I will not back away at these levels. $IPOE is a high conviction play, regardless of the SPAC and now bitcoin FUD. LOAD THOSE DIPS.
Maybe we hit short term lows all around and rally hard tomorrow. For now, the momentum appears to be lost for May. Godspeed everyone.
Stocklabs Tech Score hitting oversold levels:
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