bullish divergence on daily chart. market overreacts, selling pressure into range bottom
last trade adding to long exposure for this year
adding exposure around range bottom at 7000
In the year 2020 we are just in midst of the early phase of the trajectory to full saturation
The resilience of this asset has been remarkable and will continue to be proven so in the future. BTC will continue developing independent of the fears of a recession, critics, low scale-ability... It seems to be great as a core settlement layer which doesn't require high speed or number of parallel transactions or cheap transactions costs. A potential crackdown...
trend continuation trade 0.3x Leverage 5 RR
loading up on more long exposure 1x Leverage 30:1 Risk-reward
bought an intra-day dip 1.5x Leverage 5.3 RR
second reshort range expansion 2 RR 0.35x Leverage
short to 5800 till end of year 10 RR 0.6x Leverage
A logarithmic model for long-term price action based on the mathematically limited supply of the asset. Short-term target at 666K BTC/USD by 2028 The target for the market cap is around 85tn in inflation-adjusted USD by 2060. From then on price will continue rising mostly to correct for further USD inflation and might reach nominal prices of around 100m BTC/USD...
bounce back to mean 1.6 RR 0.35x Leverage
mean reversion trade based on analysis from higher time frames
EASY MONEY BUBBLE will resolve towards price levels from the year 1990