yuripereira
Long

BTC - Time to go long

BITFINEX:BTCUSD   Bitcoin / Dollar
RSI shows oversold, 32 right now, since 2016 BTC             RSI dont go bellow 30.

New bull market can start here at fib 0.618 or drop some more in above primary uptrend line and bounce even stronger in that case.

I see golden opportunity in any case scenario for the future.

I'm openning long positions at:

@9000
@8500
@7900

Targets:

@25500
@27500

Estimated Time to reach targets: 2 - 3 months
This bear market started below 10,000. The charts are telling us that since the 20,000 peak, each rebounds after big dips have been less powerful than the previous one. Meaning less buyers.
Authorities around the world had caused a cap on BTCs potential. With this cap, who's going to be buy?

BTC was just a video game. It was a lot of fun, but it's game over!

Next targets: 8,000 and then 5,000. Target for the end of this bear market: 1,500

Antworten
yuripereira Ezekiel2015
@Ezekiel2015, Just a videogame? LMAO! You really don't know what you are talking about
Antworten
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