Frixion

The best place for long term investment on btc.

Long
BITSTAMP:BTCUSD   Bitcoin
We saw a 55% impulse in 1 day after hitting the 300ma on the low we made few days ago (3800$).

Now we closed below the 200ma on the weekly which will give us more downward pressure.

3320$ (350ma in orange) and 2970$ (400ma in green) are likely to create another big impulse.

Together with this trendline and 3k historical level this is your best place to buy btc.

I wouldn't be suprised to be back at 7k before the halving.
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.