When to buy BTC

٨ سبتمبر ٢٠١٩Very clear long term trend. BTC should go back to 6k area as the candle fractal suggests and test the long term parabolic support which will most likely hold just like it did when BTC reached 3k a few months back and bounced a nice +400%. You can see the purple lines that mark the BTC halving dates, all followed by bullish rallies in the short term. Next BTC halving is May 20, 2020 so should have bought by then.

٩ أكتوبر ٢٠١٩

تعليق

This bounce could take us to 10k aprox. just like BTC bounced from 6.3k to 8.5k (+30%) in just 8 days on July 2018. I wrote a very accurate analysis back then and it played out very nicely. You can check it out here:

This is how it could play out this time given that the latest couple of bullish impulses had increasingly higher volume, also forming the first higher low and higher high.

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