PlutusX

BTC Price Predictions - BULLISH OUTLOOK - 1 YR Review

Long
BITSTAMP:BTCUSD   Bitcoin
Hi everyone,

Sorry for the hiatus. I am thankful to share this idea with you as it took a year to manifest. As a swing/positional trader, I try to look at higher timeframes and never force a trade. I can say that after a year I am finally ready to join the crypto market again as a consumer and buyer-- specifically in regard to BTC.

I mentioned last year that the probability of touching 20k should not be overruled in a likely event structure was respected as resistance. Unfortunately, the 20k claim was a bit ambitious, but a 25k price touch was a nominal difference. That being said there are several key factors manifesting showing me a good buying opp. Nevertheless, I am still patiently waiting for an optimal entry and a confirmation, if any.

Until then, I will remain dollar-cost averaging to hedge my trade. Good luck traders!

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.