BITCOIN Step back and admire the big picture!

Bitcoin / BTCUSD is having a 'bloodpath' week in the eyes of most but not to those that know when to zoom out and look at the bigger picture.

And that's BTC being on a purely technical Bull Cycle correction.

In fact the same Channel Down correction has been seen twice already this Cycle after at least a +105.70% rise.

Both times it found support and bounced on the 1week MA50.

Another month of consolidation is possible until contact (or close) is made but overall, the current levels are an excellent long term buy opportunity.

Buy and target 175000 (+105.70%).


Follow us, like the idea and leave a comment below!!