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.
Comment:
This will be a long time trade...
Comment:
The average cost of mining one bitcoin is around $13000.
Comment:
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!