A quick update on bitcoin
Short term - buy opportunity
Potential tial 10%
Entry-levels 36200
TP1 37650
TP2 38500
SL 33770
Volatility : looking bullish
Risk : low
Fundamentals:
- Mt.Gox 160k BTC Creditor Distribution rehab programme filed (Still Looming!!!)- Bearish
- Christine Lagarde (European Central Bank ) calls BTC ‘Speculative Asset’ - Bearish
- Coinbase going Public - Big eyes on Crypto - looks bullish
- Institutional Investment continues - bullish + Jeff Currie ‘Goldman Sachs’ called for more institutional investment to stabilise BTC - bullish + Greyscale getting back cosy with BTC - Bullish
- Expected Riots at the Biden Inauguration, last time this happened BTC pumped - Bullish
New $2000 Stimulus Package Potential - Hugely Bullish
If you find this useful please like my idea and Feel free to write your opinion
Short term - buy opportunity
Potential tial 10%
Entry-levels 36200
TP1 37650
TP2 38500
SL 33770
Volatility : looking bullish
Risk : low
Fundamentals:
- Mt.Gox 160k BTC Creditor Distribution rehab programme filed (Still Looming!!!)- Bearish
- Christine Lagarde (European Central Bank ) calls BTC ‘Speculative Asset’ - Bearish
- Coinbase going Public - Big eyes on Crypto - looks bullish
- Institutional Investment continues - bullish + Jeff Currie ‘Goldman Sachs’ called for more institutional investment to stabilise BTC - bullish + Greyscale getting back cosy with BTC - Bullish
- Expected Riots at the Biden Inauguration, last time this happened BTC pumped - Bullish
New $2000 Stimulus Package Potential - Hugely Bullish
If you find this useful please like my idea and Feel free to write your opinion