I'm very surprised that BTC has held out pretty well during this bad storm! We can see a very clear double bottom and edging towards that value gap recovery and beyond. These last 2 days has been horrible for stocks, but BTC has shown to be quite resilient and staying firm in the low 80k support line. Have a strong gut feeling and supported by tech analysis, that early next week will be very nice for long 2x ETFs....like MSTU and others like BITU. In the same vein, VIX figures like these are not sustainable and will come down, which will further boost BTC IMHO.
All the best and safe trading. Remember that reward favors those who take chances and take calculated risks!! I'd be surprised if I don't make at least 15% on this upside. PS I'm wrong 20% of the time :)
All the best and safe trading. Remember that reward favors those who take chances and take calculated risks!! I'd be surprised if I don't make at least 15% on this upside. PS I'm wrong 20% of the time :)
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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.