Bitcoin BTC 2021 Bear Edition - Distribution Phase
Assuming Bitcoin topped at the 61.7k (Coinbase) (see our previous trading idea from March 13)
We are entering a correction phase with a short term target of 47k, medium term target of 9-10k and a long term target of 5k n case of a bear market.
Past performance is not indicative of future results, however every asset is cyclical including the most volatile asset in the world. Circa 2017-2018.
We are entering a correction phase with a short term target of 47k, medium term target of 9-10k and a long term target of 5k n case of a bear market.
Past performance is not indicative of future results, however every asset is cyclical including the most volatile asset in the world. Circa 2017-2018.
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March 13:
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TP1 47k ✓
Our thoughts and prayers go out to the comment section.
Our thoughts and prayers go out to the comment section.
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