Buy levels for bitcoin and ethereum

Divide your investment amount by six, with three of those lots going to bitcoin and three for ethereum.

Bitcoin

I suggest the first buyback of bitcoin at about (or below) £44,000.

Buyback in stages. I cannot emphasise this enough.

The next buy level, if we see it, is in the region of £42,000.

These are value entries, albeit after a minor reversion.

I would like to see a momentum entry too.

But that won’t show itself until the current pullback turns bullish again.

If I were to prioritise a coin, it would be bitcoin due to the recent launch of the first-ever bitcoin ETF.

Ethereum

That position is happening as I write, the first buy level is £2,800.

I would also consider £2,650 and, after that, as with bitcoin, wait for a momentum entry.

Lesson

It seems that the PayPal personal account needs to be pre credited to allow crypto purchase.

Disclaimer

The levels given are my thoughts only. Individuals will need to take responsibility for their investments and the reason for doing so.

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