Lobotto

Lobotto

Bitcoin is gaining mass adoption. Besides El Salvador, other countries are sure to follow, moving further and further away from the inflationary USD dollar that is causing turbulent economic swings in many emerging markets. It is also important to pay attention to Bitcoin's little brother, Ethereum, which is about to release its London Update. If the London Update...

Lobotto

The battle between bulls and bears continues unabated. The bulls are diligently supporting the support line, but will it hold this time? If it holds, BTC could break out to the upside and head back towards 35k or even higher. This is not an investment recommendation. This is my opinion only and does not imply any advice to buy or sell Bitcoin.

Lobotto Updated 

Apparently the Bulls are attempting in vain to cushion the Death Cross, but seemingly they are not managing to do so, despite good news from Paraguay. There is a good chance that the price will fall further before it settles Time will tell. Elon Musk's tweet can be also classified as bearish.

Lobotto

Despite good news from Paraguay, the Bulls cannot deny the emerging death cross on 1D. The negative headlines from China are still current and many miners still need to relocate before we have positive fundamentals. This could take a few weeks. The current buying attempts to move the price to the 40k mark are attempts to save the current short term trend, but if...

Lobotto

Bitcoin is experiencing the last shake off before it's last try to hit a new AT-H. By the end of the year, however, the trend is expected to move downwards by 30-40% for a correction. This thread is my personal opinion. It is not an investment recommendation. Please be aware of the risks when you trade.