BITCOIN - IT'S ONE OF THOSE TIMES - CryptoManiac101
Updated
BITCOIN / USD TA
We are at a point where any severe $1,000+ move can paint the view for traders of what to expect for the next 6-9 month.
If we duplicate the fractal from July - September of 2019 - we will see a nice dump towards $4,000 levels and possibly even to high $2,000 before leveling off and going into massive accumulation phase which can last from 4-7 month
In an event we do finally break above $10,000 - that will paint a very bullish and juicy picture for Bitcoin for the next year or two - we will finally be moving into what is considered a major bullish movement
With that said before bears load up on their short positions, do look at a weekly Bitcoin chart and understand that Bitcoin's trend has always been in an upward direction and with the global 'pandemic' happening right now, a new realization is hitting investors of where to store their wealth and how to save their investments
Stay tuned for more updates
We are at a point where any severe $1,000+ move can paint the view for traders of what to expect for the next 6-9 month.
If we duplicate the fractal from July - September of 2019 - we will see a nice dump towards $4,000 levels and possibly even to high $2,000 before leveling off and going into massive accumulation phase which can last from 4-7 month
In an event we do finally break above $10,000 - that will paint a very bullish and juicy picture for Bitcoin for the next year or two - we will finally be moving into what is considered a major bullish movement
With that said before bears load up on their short positions, do look at a weekly Bitcoin chart and understand that Bitcoin's trend has always been in an upward direction and with the global 'pandemic' happening right now, a new realization is hitting investors of where to store their wealth and how to save their investments
Stay tuned for more updates
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