BTCUSDT LONG. Halving is done. How long will we grow?
Greeting ladies and gentlemen.
Let me share with you my humble opinion about the bitcoin market. I've suddenly bought 52 BTC with average price of $63666 on futures (check my bio for youtube video) and here are my reasons for it.
I've checked such BTC charts as 1 day, 1 week and 1 month. So I've found a nice Bullish pin-bar with volume on 1D. There is also a nice bullish declining bullish channel with a bottom at 60k which looks like as a nice support. And I can't miss to mention triple bottom as triple bullish sign.
My target for this long trade is $66900 per 1 BTC. I want to leave this train there because I have some doubts about further movements. My concerns are also connected with very bad looking montly bars for altcoins.
I've shared with you 4 scenarios of next BTC movements. Don't take me too serious. I might be wrong.
Don't forget that May month is coming and that well-known saying "Sell in May and go away" can take it's time. With S&P500 decreasing with Iranian news can accelerate the events.
Let me share with you my humble opinion about the bitcoin market. I've suddenly bought 52 BTC with average price of $63666 on futures (check my bio for youtube video) and here are my reasons for it.
I've checked such BTC charts as 1 day, 1 week and 1 month. So I've found a nice Bullish pin-bar with volume on 1D. There is also a nice bullish declining bullish channel with a bottom at 60k which looks like as a nice support. And I can't miss to mention triple bottom as triple bullish sign.
My target for this long trade is $66900 per 1 BTC. I want to leave this train there because I have some doubts about further movements. My concerns are also connected with very bad looking montly bars for altcoins.
I've shared with you 4 scenarios of next BTC movements. Don't take me too serious. I might be wrong.
Don't forget that May month is coming and that well-known saying "Sell in May and go away" can take it's time. With S&P500 decreasing with Iranian news can accelerate the events.