BTC Long Term

4 juil.

I mapped the potential pivots in which bitcoin may try to turn around (reverse) if 73k was the top (most likely its) then It will try to stop at 53k, 45k, 40k, 35, 25k, with 32-35k being a strong point of support but I think 20-25k will be the selling climax

This is speculation only, BTC can change direction at anytime and the market is known to do the opposite of what people is doing (like a balance) and it that makes sense because its a business and business are there to make money.

8 juil.

Note

The 1st line of 54k (53.5k) was touched and like I said this is the first pivot in which bitcoin will try to reverse.
My trading idea for this pivot is: I am buying something at around 50-53k There is a rally to retry the 60k, if it holds above 60k then I will expect another retry to the 70-73k line, But only if 50-53k holds, rallies to 60k and it holds 60k too, those are my conditions for a retry to the 70-73k.
My stop line will be at the line of 49k