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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.