“Cookie DAO is an index & data layer for AI agents.”
COOKIEUSDT went through the biggest downtrend in its history and is now trading at bottom prices. Volume started to rise in January and this month we have the highest since the start of the downtrend after an all-time low. Whale accumulation at the lows.
We are seeing the development of an inverted head and shoulders pattern. A sequence of three lows with the middle one being the lowest.
A bottom in early February. A lower low late February and a higher low in March. This is a reversal signal.
At the same time, we can see how bearish volume becomes lower as the drop intensifies. A signal that shows bearish momentum waning, disappearing until indeed, there are no new lows.
The greatest advantage of being a bottom buyer is the huge potential for growth.
An easy target on COOKIEUSDT can yield 277%. A mid-term target after sustained growth can reach 1,194%. Risk is extremely low; after buying, focus on the long-term. Just buy and hold.
If the market continues lower, there is nothing to worry about, all losses can be recovered in a matter of days when the market turns bullish.
Think of this: Bitcoin hit bottom at $60,000 and this price was available only for a matter of hours. Imagine a lower low at $58,000. How long do you think this price would be available to buyers? Not even ten minutes in most cases.
If Bitcoin is set to grow to $200,000, $300,000 and beyond in the coming years, instead of focusing on “waiting for the bottom,” it is better to buy and hold.
$62,000 is as good as $60,000. But $60,000 is not do-able. Most people are lucky if they get to buy below 70K. It is the truth. Any buy below $80,000 will be an amazing buy when focusing on the long-term.
The bottom for the purpose of buying should be thought of as a price range. And the planning should be based on years or months. Buying today, to collect profits in 2-3 years. That’s a long-term plan. That’s the way to win. Focus on the long-term.
Namaste.