Bitcoin important ZONES, is it a TRAP?
Hello guys,
This post will be very brief.
I wanna you to focus on 3 important zones.
1. Bearish
2. Neutral
3. Bullish
We are actually still in zone #1. This downtrend started in Dec 17. at 20,089 USD high. If we will break this downtrend line it is a positive sight for long term investors.
After breaking this trendline we will make it to zone #2 where we will most probably see BTC heating up and preparing for the biggest bull run of all time.
When we reach zone #3 it is clearly that BTC will moon. 20k target is realistic.
My feeling about BTC in this time:
From the start I was sure this is a bullish trap and we will break it to 5,5k low where will start the bull run, but after todays pump I am not so sure. It´s really hard to predict BTC nowdays so be careful. If you have not opened position I do not recommend you to trade it. Good luck guys.
BTW: Look for IOTA, showing strength again.
This post will be very brief.
I wanna you to focus on 3 important zones.
1. Bearish
2. Neutral
3. Bullish
We are actually still in zone #1. This downtrend started in Dec 17. at 20,089 USD high. If we will break this downtrend line it is a positive sight for long term investors.
After breaking this trendline we will make it to zone #2 where we will most probably see BTC heating up and preparing for the biggest bull run of all time.
When we reach zone #3 it is clearly that BTC will moon. 20k target is realistic.
My feeling about BTC in this time:
From the start I was sure this is a bullish trap and we will break it to 5,5k low where will start the bull run, but after todays pump I am not so sure. It´s really hard to predict BTC nowdays so be careful. If you have not opened position I do not recommend you to trade it. Good luck guys.
BTW: Look for IOTA, showing strength again.
Related publications
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.