What happened last week is all coz the trading liquidity and the circuit breaker. The design of BTC is all made for prevent inflation, so just wait for all markets recovery from panic.
DO NOT ALL IN AT ONCE!!!!!!
We would face the inflation after interest rate move down and US 10y bond interest under 0.7%. This is what BTC made for, In case of the world Economic goes down. So mid-term buy long range with 8700-8400.
Would place a try order to short tesla at 900-850.
The factory in China would effect the capability forecast of last year.
Traget price would be 700 at this moment.
BITMEX:XBTUSD
The reason I’d like to buy in this range is that price now is 50% from the highest price at 129000. Yesterday the price recover from 6500 to 7200 in very short time.
Let’s wait and see if there was the support in 6200-6500.
