Crypto_trader234

Buy BTC at 30k and take profit at 35k & 38K

Long
Crypto_trader234 Updated   
BITSTAMP:BTCUSD   Bitcoin
Crypto Fear & Greed Index stood around historical low, at 12 now !

30k has been quite supportive in the past few months, this idea is for short term as long term still quite uncertain at this stage. Need to monitor how macro economy will go!

Worth to take the risk here as most people are at fear while trying to hide from the market

Idea - Buy BTC at 30k and take profit at 35k & 38K, stop lost 28k
Comment:
-Crypto Fear & Greed Index at 8, historical low !
-BTC perp funding rate remains slightly positive, signaling supportive market
-Option volatility has been under pressure for the past few days... indicating more healthy market

Long term investors should sell into the rally while short term investor may look to buy when we close to 30k !

good luck !

#btc
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