Bitcoin

Likely Reversal From $5k Support By Mid-June

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Analysis:
BTC's ceiling seems to be retracing with perfect symmetry, which will likely bring BTC near $5k by mid-June and invoke a break through where the ceiling of the mid-term retracement and long-term support level converge around $5k to continue the long-term upward trend.

Personal:
If BTC continues it's dive down to $5k in the expected timeframe specified above, I'll take a heavy position in leveraged futures between $5k and $5.5k. The leverage multiple will depend on short-term trends once BTC breaks through $5.5k. I expect to post an update when/if this analysis plays out in BTC.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.