Well I am now very bullish on the May event everyone is talking about (the halvin), the downward momentum was not strong at all we didnt even come to breaking the support line we have made previous but what about that trend which would be key support if we break this one at this point, I am very bullish on BTC, the stock markets going down, oil price hitting low once we break this line coming all the way from 20k ATH the real fomo will hit first the people who were short will go long and then we will see a lot of people from other markets coming in, oh yes this time we are fgoing super bullish, some indicators are also showing bullish but we all know indicators are good to trade in stable BTC market if we are talking about BTC bullish/bearish markets the indicators dont mean a thing :D I would say it will take the market to go from overbought to oversold for breaking this line and after that people will short because who the hell longs oversold daily chart right ?))) but that when the halving will kick in and that when BTC will be fly and the only profitable thing out there, I think we can even break the 20k ATH before the end of the year somewhere in summer, and end of the year a lot more money will come in and 2021 is the new peak. so just buy it now at 8-9k as maybe soon you will never see these prices again :) So I am for the green and the green line, the other breaking more down before bursting is still good scenario but I think not this time, comment below what scenario do you believe in and your ideas on the market and lets have a chat :)
Be a turtle my friend © Farhad Jafarov