D7R

Bitcoin (BTC) • Slow accumulation range

Long
COINBASE:BTCUSD   Bitcoin
As we keep printing all sorts of shenanigans is important to realise that Bitcoin has not dumping hard on bad news in last few weeks.

We keep trading above 35k and we have the orderbooks plus futures showing promising data.

Being placed towards the short side or being entirely sidelined is a risk of missing a possible sudden major upside move.

As i describe in the video we can definitely see some sort of fast revisit into lows where i see the 35-33k a compelling zone to buy.

Major upside target probably sit around 50k OR more extended towards the 58k and the most important upper side range limit.



The overall my investment strategy is to be long with prudent risk-management.
Unless I start seeing anything that really suggest market is changing. For the moment everything we looked at in this video is mostly looking bullish despite lower prices, macro environment and sideway price action.


For those interested you can get access to the same premium indicators I personally use by checking the website in the signature section bellow.

D7R
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