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BITCOIN: Will 25k stand? (65% a Yes!)
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Been a wild storm for Bitcoin and another drop bigger than 20%... we got used to it.
Opportunity to buy?
Depends if 25k stands. The possibilities for lower have increased now and September is not the best month.
Chances of a rise i see at 65% (2/3rds). Why?
a. because we are over 25k support
b. halving cycle approaching
c. because fundamentals are with us :
Interest in Crypto Investment Products Increases in Europe After BlackRock's ETF Application! Europe has focused on crypto investment products after BlackRock applied to launch a Bitcoin fund in the US.
d. because it's Bitcoin!
Forgive me for being inactive on Tradingview this period but i do need to prioritize. There is something more important in need of my attention these days. Will be back here 'full-time' soon.
One Love,
The FXPROFESSOR
Opportunity to buy?
Depends if 25k stands. The possibilities for lower have increased now and September is not the best month.
Chances of a rise i see at 65% (2/3rds). Why?
a. because we are over 25k support
b. halving cycle approaching
c. because fundamentals are with us :
Interest in Crypto Investment Products Increases in Europe After BlackRock's ETF Application! Europe has focused on crypto investment products after BlackRock applied to launch a Bitcoin fund in the US.
d. because it's Bitcoin!
Forgive me for being inactive on Tradingview this period but i do need to prioritize. There is something more important in need of my attention these days. Will be back here 'full-time' soon.
One Love,
The FXPROFESSOR
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