UnknownUnicorn38668

Bitcoin: The Bottoming

Long
BITFINEX:BTCUSD   Bitcoin
I am long again on Whaleclub ›

Entry Price ~$391
Target ~$430

Bottom entry price prediction: www.tradingview.com/...7-b644-7745c8f1dad9/

Bull support is quite strong with over half a dozen touches of support trend line.

The fundamental bullish case is the halving coming in a few months. Post-halving bitcoin price is ~$200 which may seem cheap to most observers.

This trade is invalidated if that support fails to hold. What may cause this is continued negative coverage of blockchain scaling issues and core dev disagreement.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.