SpawnyXBT

Demand & Supply Perspective & Future Prespective.

Short
BITSTAMP:BTCUSD   Bitcoin
So far we have reached Supply Area #1 if the FOMO gets high we might see to hit Supply Area #2

After that the supply my reach in an Waterfall situation where old HODLers are willing to dump for smallest loss possible or higher then break-even.

There is no fundamentals to back this pump, only technicalities.

Fundamentals actually are worst then you might think. Yet people decide to ignore them and become a simple MOMO trader. Which is ok, MOMO traders is a good & safe profitable way of trading ;)
You just gotta make sure your Higher Low HOLDS or your Lower High HOLDS & Ride with the wave.


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