Bitcoin buy zone approaching really quick LAMBO ZONE SOON AFTER
Following a nice run early this year we have gone through a period of profit taking/distribution. The fundamentals creating the environment for such a nice run up haven't changed much, however there will be a new catalyst towards the end of this summer that will create an environment for a HUGE Bitcoin run above £100k. It's all going to be closely related with COVID and further QE.
Why $25,000 is the buy zone?
Simple maths
ATH - $65,000
Golden Fib - 0.618
$65,000 * Golden FIb = $40,000
$65,000 - $40,000 = $25,000
Major resistance?
80k
105k
And then obviously the LAMBO ZONE
Why $25,000 is the buy zone?
Simple maths
ATH - $65,000
Golden Fib - 0.618
$65,000 * Golden FIb = $40,000
$65,000 - $40,000 = $25,000
Major resistance?
80k
105k
And then obviously the LAMBO ZONE
Note
All in, 25k never happening. See you at Lambo ZoneNote
Turns out after reaching 69k we might finally see the Lambo Zone which is approaching fast. This is a level you WANT to buy.Note
Lambo ZONE hit and TAKEOFF
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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.