I'm being cautious, but at this point 75% down from ATH is decent. I grabbed one BTC and some change today. And I'll sit on the majority of my cash position for now waiting to see which way this shakes out. But with that CPI print showing improvement, and the equities market closing on a strong high at the top of a green candle today... I don't want to overthink the shyt.
If the PPI print next week shows the same thing, shyt will probably sustain and run. If it doesn't shyt will fall off a cliff. Either way I want to grab 7 or 8 BTC during this bear market at least. So Im going to ease in on my first one here just to hedge in case this ends up being somewhere near the bottom.