I have put buy orders in the mid to high 6,000s (why so low?) I am remembering the bear market and if it taught me anything was that there would be a dip a rally to lower than previous price point calm and a dip lower .
We are in reverse, bears had that low 6s dip and now it's gone higher than previously. They'll dip again but it won't reach previous lows and we will run higher than 8900.
We are in reverse, bears had that low 6s dip and now it's gone higher than previously. They'll dip again but it won't reach previous lows and we will run higher than 8900.
Seems like you are putting a decent amount of reliance on your downward BTC price trajectory, which may or may not happen, prior to BTC going past $10k.
Hopefully, you are not betting too much on the downwards direction and that you are willing to leave those bets behind in case they do not fill.
I will admit that I currently have BTC buy orders down to the upper $3ks, but I could give too ratts' asses whether they fill or not. Surely, you are correct that the odds for the buy orders filling are much greater the higher that you have them set, and each of us should always be prepared psychologically and financially for either BTC price direction, including surprises and overshooting.
So the fact that you are disclosing to us that you are prepared for DOWN causes me to question your level of preparation for UP. Preparing for either direction seems to be the most prudent approach, even though it might seems less profitable than making BIGGER bets in one anticipated direction or another.