BitcoinLong
BTC/USD - New moon?
There are 2 possible scenarios for BTC/USD. If we get a weekly (or even just daily) close above 20k we are going to moon and ~19k can be set as stoploss (if using margin - safer option is no margin and HODL).
If we cant establish above 20k we will bounce back down for a bit, but shouldn't go under 10k, and maybe we will only go down to 15k$. That is an opportunity to buy at lower prices (dont use margin if u ask me). Then eventually we will come back up and break through the 20k.
After breaking thru 20k, in a few years minimum target is 50k, possible target 300k and if theres another crazy boom we could hit
1M for very short time (unlikely IMO).
If we cant establish above 20k we will bounce back down for a bit, but shouldn't go under 10k, and maybe we will only go down to 15k$. That is an opportunity to buy at lower prices (dont use margin if u ask me). Then eventually we will come back up and break through the 20k.
After breaking thru 20k, in a few years minimum target is 50k, possible target 300k and if theres another crazy boom we could hit
1M for very short time (unlikely IMO).
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