WHAT I THINK OF BTCUSD
A LOT OF PEOPLE HAVE BEEN ASKING ME THIS QUESTION
WELL ILD SAY ,WE HAVE A VERY *LONG* WAY TO GO FOR BTCUSD ($150,000 OR MORE )
SO WE ARE STILL IN THE EARLY BUY STAGE BUT THE MOST IMPORTANT THING IS A PERFECT ENTRY.
FUNDAMENTALLY WE CAN SEE THE DEMANDS FROM INSTITUTIONS WHO ARE TAKING PART IN ACQUIRING BITCOINS , WHICH IS A VERY GOOD INDICATION THAT A LOT OF BUYERS ARE COMING INTO THE MARKET .
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TECHNICALLY BITCOIN IS IN A MASSIVE BULLISH TREND AND PRESENTLY IS ON THE SUPPORT OF THE TREND WHICH IS A GOOD POINT FOR REVERSAL TO $80,000 . ALSO, IN THE BULLISH TREND WE CAN SEE A VERY GOOD MAJOR FLAG PATTERN WITH A BREAK OUT TO $61600 AFTER WHICH RETESTED THE PREVIOUS $50600 LEVEL , LOOKING CLOSELY , BTCUSD RETEST PATTERN WAS ALSO ANOTHER MINOR FLAG WHICH IS ABOUT TO BE COMPLETE EITHER BY BREAKING OUT OF THE FLAG OR BY FINDING SUPPORT FOR A REVERSE BREAKOUT AT ABOUT $52-54,000 , THIS ZONE IS A VERY DECISIVE ONE . FOR A CONFIRMATION - ITS BETTER TO WATCH OUT FOR A BREAK TO THE UPSIDE OF THE FLAG OR WAIT FOR PERFECT REVERSAL AT THE $52-54,000 LEVEL , ALSO NOTE THAT IF BTCUSD BREAKS FURTHER TO THE DOWNSIDE AT ABOUT $48,000 WE WILL SEE BTCUSD PULLING BACK TO $40,000 BEFORE ANOTHER MASSIVE PUSH WHICH I DOUBT WILL HAPPEN WITH THE AMOUNT OF BUYERS DEMANDING BITCOIN .
MAKE SURE TO USE PROPER RISK MANAGEMENT SKILL , LIKE ,SHARE AND FOLLOW ME FOR MORE UPDATES …
A LOT OF PEOPLE HAVE BEEN ASKING ME THIS QUESTION
WELL ILD SAY ,WE HAVE A VERY *LONG* WAY TO GO FOR BTCUSD ($150,000 OR MORE )
SO WE ARE STILL IN THE EARLY BUY STAGE BUT THE MOST IMPORTANT THING IS A PERFECT ENTRY.
FUNDAMENTALLY WE CAN SEE THE DEMANDS FROM INSTITUTIONS WHO ARE TAKING PART IN ACQUIRING BITCOINS , WHICH IS A VERY GOOD INDICATION THAT A LOT OF BUYERS ARE COMING INTO THE MARKET .
X
TECHNICALLY BITCOIN IS IN A MASSIVE BULLISH TREND AND PRESENTLY IS ON THE SUPPORT OF THE TREND WHICH IS A GOOD POINT FOR REVERSAL TO $80,000 . ALSO, IN THE BULLISH TREND WE CAN SEE A VERY GOOD MAJOR FLAG PATTERN WITH A BREAK OUT TO $61600 AFTER WHICH RETESTED THE PREVIOUS $50600 LEVEL , LOOKING CLOSELY , BTCUSD RETEST PATTERN WAS ALSO ANOTHER MINOR FLAG WHICH IS ABOUT TO BE COMPLETE EITHER BY BREAKING OUT OF THE FLAG OR BY FINDING SUPPORT FOR A REVERSE BREAKOUT AT ABOUT $52-54,000 , THIS ZONE IS A VERY DECISIVE ONE . FOR A CONFIRMATION - ITS BETTER TO WATCH OUT FOR A BREAK TO THE UPSIDE OF THE FLAG OR WAIT FOR PERFECT REVERSAL AT THE $52-54,000 LEVEL , ALSO NOTE THAT IF BTCUSD BREAKS FURTHER TO THE DOWNSIDE AT ABOUT $48,000 WE WILL SEE BTCUSD PULLING BACK TO $40,000 BEFORE ANOTHER MASSIVE PUSH WHICH I DOUBT WILL HAPPEN WITH THE AMOUNT OF BUYERS DEMANDING BITCOIN .
MAKE SURE TO USE PROPER RISK MANAGEMENT SKILL , LIKE ,SHARE AND FOLLOW ME FOR MORE UPDATES …
