GoatOfWallStreet

BTC oversold in weekly timeframe time to go long

Long
CAPITALCOM:BTCUSD   Bitcoin
we see BTC on weekly here. 8 Weeks of going down is not normal (although the macro economic are not good in the world). I expect a bounce from here (see the down channel) and we might very well visit 35k+ again in the coming weeks.

At this point is a gamble... but I see the chance of going higher more than 50% ...so I go with it :)
Comment:
going as expected.... hopefully holds the momentum :)
Comment:
I am still in the camp that we see couple of weekly highs at the very least.... if we today close above 29100 we will have the first of those green weeks :)
Comment:
First green week confirmed :)

I am the defender of the retail against the wolves of the wall street
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