Block-Chain-Gang

How does this play out?

BITSTAMP:BTCUSD   Bitcoin
A correction is coming and this looks like the start of a bigger downtrend for a significant amount of time. A mini bear cycle for Bitcoin would actually be super bullish long term. I am confident that Bitcoin will hold at least the 21K level if the correction is that severe. My target is 26K as a Bearish target and 50K as my bullish target. Everyone is so bullish that a bearish perspective is healthy and probably much needed for the market not to reach a euphoric top and cut the bull cycle short. In crypto as a whole we need this bull cycle to really show everyone bitcoin is here to stay and it has more value than you could imagine. Trade accordingly and manage risk have a good night everyone.

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.