BTC: Macro View

2020年8月5日

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I’ve got some bad news for those who are still hoping to buy BTC below $6k

200-Week MA is currently at 6.3k

The fact is that Bitcoin has never broken down the 200-Week MA
Moreover, 200-Week MA has never had a negative slope! Now it’s increasing by $50 every week, which means that in September it will be above 6.5k

The multi year downtrend is broken + block reward halved this year
Guys, aim at the Moon for the coming years!

BTC Monthly

Last month we got the Second Highest Monthly Close in Bitcoin History!
This is Huge

So, the Weekly is not so bullish as the Monthly. We still have to close above the Major Resistance Level - 11.6-12k. If we do, next Target would be the 1.618 Fib extension at 13.7k which lines up with the monthly Macro Target


What do you think about it? Share your thoughts in the comments!



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The information given is never financial advice. Always do your own research

2020年10月28日

註釋

Target Reached! Profit 18% without leverage

2020年11月6日

註釋

Target reached! Profit 18% without leverage

2020年11月21日

註釋

Target reached! Profit 62% without leverage

P.S. Next Fib extension level (3.618 Fib) is at 24k