BTC/USD Analysis on thinkbox indicator
Bitcoin in accumulation zone as per my Thinkbox Indicator.
Trade active
Blue line is balance of market, greens are buy zones and reds are sell/exit from market.Note
This will be a long time trade...Note
The average cost of mining one bitcoin is around $13000.Note
Bitcoin below $13000 will force miners to shut down their rigs. Bitcoin mining will be a loss-making business then. Below $13000 will be our stoploss.Trade active
The trade is still on!
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