BTC to $38,000
300 days (Oct 2021) to achieve the next milestone for BTC.
28% risk for a 95% gain.
Risk:Reward - 1:3
Prepare to see some consolidation and support confirmations in the short term (accumulation zone).
BTC is involved with many fundamental issues such as USDT (Tether), regulations and institutional pressure which could force the consolidation and possibly downside momentum.
If the fundamentals do not play a major issue in Q1 of 2021, we can see the next target be met much quicker, possibly even during Q1.
28% risk for a 95% gain.
Risk:Reward - 1:3
Prepare to see some consolidation and support confirmations in the short term (accumulation zone).
BTC is involved with many fundamental issues such as USDT (Tether), regulations and institutional pressure which could force the consolidation and possibly downside momentum.
If the fundamentals do not play a major issue in Q1 of 2021, we can see the next target be met much quicker, possibly even during Q1.
Trade closed manually
7 Days, 40% return achieved.I am pulling my profits as I am happy with my returns and I will be reinvesting my profits into other projects. You can continue to keep this trade open but be aware of fundamental news of the imminent Tether lawsuit. Technical analysis also does not show a clear pattern as no strong retracement or bounces of vital zones. Good Luck!
Trade closed: target reached
I took an early TP, but if you kept it in, well done!95% gain within 10 days!
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