jashjacob

BTC FOMO ZONE - THANKS TO ELON MUSK

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
8th Feb - Tesla announces investment in BTC . BTC shoots up almost instantly.

Added VPVR ( Volume Profile Indicator) shows the gap up zone has very low traded volume across a huge range. This was due to a lot of panic & FOMO buying after the news announcement. The week leading up to that saw continuous ATH for BTC and subsequently a correction of price just about back to the FOMO zone ( 40 - 42K BTCUSD ).

Will it take support here?

Until then #HODL
Comment: In the last week, BTC made a high of 52K+
Comment: Price currently hovering around 50K+
Comment: BTC hit 55K+
Comment: Consolidation seen in BTC between 54-57k.
Comment: BTC hit 60K!!!
Comment: No looking back at BTC.

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