Bitcoin BTC 2021 Bear Edition - Distribution Phase
Assuming Bitcoin topped at the 61.7k (Coinbase) (see our previous trading idea from March 13)
We are entering a correction phase with a short term target of 47k, medium term target of 9-10k and a long term target of 5k n case of a bear market.
Past performance is not indicative of future results, however every asset is cyclical including the most volatile asset in the world. Circa 2017-2018.
We are entering a correction phase with a short term target of 47k, medium term target of 9-10k and a long term target of 5k n case of a bear market.
Past performance is not indicative of future results, however every asset is cyclical including the most volatile asset in the world. Circa 2017-2018.
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March 13:
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TP1 47k ✓ Our thoughts and prayers go out to the comment section.
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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.
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.