cscarpa

BTC: Turning Point?

Long
COINBASE:BTCUSD   Bitcoin
It looks like yesterday's SEC-Meeting with millions of live-stream viewers around the world could have had a sustainable impact on the market. As the T D Sequential Count reaches the magic number 9 on day-candles i have bullish thoughts for now, we'll see if the movement can confirm - after a correction like the one we whitnessed i'd like to see at least one week of majorly positive trends aswell as some accumulation above 10k.

Chart shows a trend based pitchfork and fibonacci resistance levels until 20k

As stated in previous TA's - BTC is bound for a bull run. Short positions will eventually be closed and billions of wallstreet money are waiting to enter the market. We are in for a ride folks :)
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