before we kick start the update. your upvotes/subs are appreciated.
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So without further due. Keep it short/simple and to the point.
BTCUSD HODL 100%-150% gains for BULLS (NEW) IMPORTANT: this is a speculative setup, performance is not guaranteed, so please use a tight stop loss. IMPORTANT: this is not an update for short-term traders. This is for mid/longer-term traders/investors only. please keep that in mind, thank you.
First things first. Made some unnecessary comments previously. So I do owe CryptoBullet an apology.
Always great to have diversity and various POV, so once again, let's respect each other guys and try to be more professional.
Ok here's a mid-term to long-term update on BTCUSD weekly charts, we got a strong weekly setup, which is an inside candle, so this could be an indication that we are almost bottomed out for this cycle now.
Very limited time for bears until halving now to set new LOW, so only break below 4500 USD will void this outlook.
Right now risk/reward in shifting in BULL's favor. BTCUSD is already down by a lot, and trading near breakeven levels for the miners.
Going forward, I'd say accumulating near 5 000 USD makes sense, if you look at the bigger picture, 10 000 - 15 000 USD is a highly probable target for BULLS in 6-9 months from now on.
OK guys, that's a wrap for this update, I will post a short-term update later on Sunday, as always please support with likes and follow to stay tuned for the new updates,
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