Exactus

BTCUSD Bitcoin : A weekly long-term analysis 2.5

Long
Exactus Updated   
BITSTAMP:BTCUSD   Bitcoin
Bitcoin is pop culture.
It made a lot of people rich and a lot of people lost money.

Most people lost because of emotional trading.
Smart traders made it big.

If we look at Bitcoin from a rational technical and fundamental perspective this is what we come up with:

*Upside is still very relevant and could be much more significant than any probable downside.
*It must be traded with proper risk management and patience, while considering the worst case scenario.

Thank you so much for reading/watching!


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Trade active:
Break below 35k was what allowed Bitcoin to drop towards 25k at the lowest point.
25k proved to be strong support and for now is expected to be the lowest we will see.

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