BITCOIN 3.000 OR 14.000? BACK INTO THE LOWS OR UP TO THE SKY?

2020年5月20日

Bitcoin now at a major decision level of 10.000. Having been twice not allowed above the level. If the level stands then the target is 7-6.000.
And if the momentum is right, who knows, even 3.000 is possible.

But it could be that the fundamentals have changed and we will see Bitcoin go up to 14-15 thousand.

In that scenario, we will see a breakout up above 10.000, then a pullback and retest of the new support and then massive move up into 14-17.000.

We might see a small pullback from the current resistance though, before the breakout, just as squeeze, to collect some stops liquidity. So beware.

I will post a pullback trade if we get to that moment later.

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Wish you all best of luck in your trading!

2020年5月20日

注释

If the level stands, the hedge funds will start shorting and push bitcoin to 5k level. If it gets above 10k properly, it will be a confirmation that the conditions have changed and a signal for hedgefunds to buy more and expect a rally.
Moms and Dads will join in on the movement by the end of it, as it was the case the last time.