Bitcoin eliminates cowards and rewards the tenacious
Summary of my advice to traders
Buy Bitcoin at $50,500
the explanation
By studying the behavior of Bitcoin, we find that it is heading towards a strong support area between $50,500 and $53,000
Bitcoin has been unable to maintain its price over the past period.
We see a repetition of the behavior of Bitcoin now for what happened on the twenty-first of July and the twenty-first of September, behavior that causes traders to fear the decline and exit with the lowest loss (stop loss) and then billions of traders’ wallets who sold at a loss will be liquidated, so that the whales start buying from the prices of Low and benefit by raising the price of Bitcoin again.
Buy Bitcoin at $50,500
the explanation
By studying the behavior of Bitcoin, we find that it is heading towards a strong support area between $50,500 and $53,000
Bitcoin has been unable to maintain its price over the past period.
We see a repetition of the behavior of Bitcoin now for what happened on the twenty-first of July and the twenty-first of September, behavior that causes traders to fear the decline and exit with the lowest loss (stop loss) and then billions of traders’ wallets who sold at a loss will be liquidated, so that the whales start buying from the prices of Low and benefit by raising the price of Bitcoin again.
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.