BITCOIN - STAYING CALM & STACKING
Every time BTC dips, the Panic Selling pours on in. 
BTC was under $4,000 just one year ago. We just hit over $64,000. Let that sink in. $60,000 in one year for one coin. Over a 1500% return. We're currently under a 27% dip and everyone is freaking out. We're possibly a couple of more institutional buys or a bitcoin ETF away from 100k if you believe in the process.
TA:
Waiting to see if we close above the 50k and stay inside our uptrend channel on the daily chart. This is the first time in 6 months we've seen BTC under the 50MA. Looking for support on the bottom of our blue channel if not we could see a drop to 40k next.
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Cheers!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
Feel free to give us a follow and shoot us a like for more analysis updates.
BTC was under $4,000 just one year ago. We just hit over $64,000. Let that sink in. $60,000 in one year for one coin. Over a 1500% return. We're currently under a 27% dip and everyone is freaking out. We're possibly a couple of more institutional buys or a bitcoin ETF away from 100k if you believe in the process. TA:
Waiting to see if we close above the 50k and stay inside our uptrend channel on the daily chart. This is the first time in 6 months we've seen BTC under the 50MA. Looking for support on the bottom of our blue channel if not we could see a drop to 40k next.
Feel free to give us a follow and shoot us a like for more analysis updates.
Cheers!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
Feel free to give us a follow and shoot us a like for more analysis updates.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.