BTC, as we all know has uncapped potential, its limited supply gives us a certainty that the price will rise substantially in the years to come.
COINBASE:BTCUSD has been battling some time now to break the major phycological $3000 barrier. As I have mentioned before, round number play a huge role in the market and its usually very high supply and demand areas.
There are two possible scenarios on BTC, The most likely scenario is another push down to the previous demand zone before its next push up to $3000 where it will most likely break that level. Targets will be $3150 and $3400
So, we know half the equation. Supply is limited by the blockchain algorithm. Demand is unknown. But let's assume that it will grow linearly at an unknown rate a minimum in the coming years. Then, I ask, what it the need for technical analysis. I'm just going to dollar average into the darn thing.
wwzsockiw
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Please send me direct link to your telegram channel because this provided doesn't work. I have telegram in my web browser and when I click this link nothing happens. That is why I don't use Telegram.