Bitcoin BTCUSD a step back before moving higher
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ok so lots of you are messaging me, that husain what happened to your last idea, you were bullish on Bitcoin and it dropped
so here's my answer
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look am a chartist, a trend guy and still i dont see any weakness in trend, and corrections are necessary for a rally to wipe out quick profiteers
still there's no reason for going short on Bitcoin technically or fundamentally, although current Geopolitics and situations in china are also indicating in the same direction
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even after getting closer to the key level of 10350, this rally looks organic and bulls strongly trying to break this resistance
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even reaching at 10350 mark there's no sign of any huge sell off and trend is still trying to break and go above this level, even though its a clear fact that bitcoin could face heavy rejection from this level i dont see any technical or fundamental weakness in price growth
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you see the 10k historical mark could be a great entry point for taking long positions, but i dont have any crystal ball, so managing risk is your responsibility, invest only that much, you afford to loose
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Thanks for reading...
For the most profitable premium trading services DM me or contact me through twitter or telegram
--------------------------------------------------------
this is Husain Zabir, signing out
Thankyou...
--------------------------------------------------------
ok so lots of you are messaging me, that husain what happened to your last idea, you were bullish on Bitcoin and it dropped
so here's my answer
--------------------------------------------------------
look am a chartist, a trend guy and still i dont see any weakness in trend, and corrections are necessary for a rally to wipe out quick profiteers
still there's no reason for going short on Bitcoin technically or fundamentally, although current Geopolitics and situations in china are also indicating in the same direction
--------------------------------------------------------
even after getting closer to the key level of 10350, this rally looks organic and bulls strongly trying to break this resistance
--------------------------------------------------------
even reaching at 10350 mark there's no sign of any huge sell off and trend is still trying to break and go above this level, even though its a clear fact that bitcoin could face heavy rejection from this level i dont see any technical or fundamental weakness in price growth
--------------------------------------------------------
you see the 10k historical mark could be a great entry point for taking long positions, but i dont have any crystal ball, so managing risk is your responsibility, invest only that much, you afford to loose
--------------------------------------------------------
Thanks for reading...
For the most profitable premium trading services DM me or contact me through twitter or telegram
--------------------------------------------------------
this is Husain Zabir, signing out
Thankyou...
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