Although i don't actively trade BTC .USD i have continued to receive a large number of messages asking for my insight on the next move.
I have been calling for $7k - $8k for some time and i continue to hold my bias as price has broken below strong levels.
I do see this long term price targeting the $50k level however for those looking for unicorn positions, i feel this move will be slow and steady over the coming years.
I will continue to update this setup and give my personal view to the market ( TradingView )
Trading Pair: BTC .USD
Time Frame: Daily
Predicted Direction: Short
Live BTC .USD updates will be available in the comments section below.
Sell the hype, buy the fear effect.