BITCOIN Step back and admire the big picture!
Bitcoin / BTCUSD is having a 'bloodpath' week in the eyes of most but not to those that know when to zoom out and look at the bigger picture.
And that's BTC being on a purely technical Bull Cycle correction.
In fact the same Channel Down correction has been seen twice already this Cycle after at least a +105.70% rise.
Both times it found support and bounced on the 1week MA50.
Another month of consolidation is possible until contact (or close) is made but overall, the current levels are an excellent long term buy opportunity.
Buy and target 175000 (+105.70%).
Follow us, like the idea and leave a comment below!!
And that's BTC being on a purely technical Bull Cycle correction.
In fact the same Channel Down correction has been seen twice already this Cycle after at least a +105.70% rise.
Both times it found support and bounced on the 1week MA50.
Another month of consolidation is possible until contact (or close) is made but overall, the current levels are an excellent long term buy opportunity.
Buy and target 175000 (+105.70%).
Follow us, like the idea and leave a comment below!!
TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
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TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.