FX_Crypto_Trader

Bitcoin Trade update

Long
BITSTAMP:BTCUSD   Bitcoin
Good morning all. Just a small update today on Bitcoin! There is a lot of talk going on currently about what will happen next with the price of BTC. Clearly we have been in a bear market, and the majority of people say it's going to go down further, BUT ISN'T THAT THE OBVIOUS MOVE? To move down further would just be the obvious continuation from a bearish trend. Currently we are moving in this range between 32K + 28.5K. I have bought at this zone as I think we will get that breakout to the upside. Included is a chart for BTC with the illiquid supply and the price of BTC between halving's, Clearly showing divergence between the two. I saw someone post it and thought I was very interesting to see, so thought i would include it in. Aren't we supposed to do the opposite of the obvious? I'm buying and im holding it still. What's your take on wether we are at the current bottom. GLIYF

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