Hey guys this has to be one of the most epic trades someone could take at this time. Considering that this is Bitcoin, we must be okay to see weeks ranging as low as 37,500 USD in my opinion, but breaking that must take BTC to levels as low as 10,900 USD.
With the number of scams that we are seeing in our closed society, the actual builders should come out strong in the upcoming bear market.
On the other hand, if we consider people are getting smarter, buying a lot in this demand zone (37.5k-41k) makes sense as well.
As a permeable myself, I'll try to add some money in the spot market here, but also take a short position if it breaks that level and rides it till 11k.
With the number of scams that we are seeing in our closed society, the actual builders should come out strong in the upcoming bear market.
On the other hand, if we consider people are getting smarter, buying a lot in this demand zone (37.5k-41k) makes sense as well.
As a permeable myself, I'll try to add some money in the spot market here, but also take a short position if it breaks that level and rides it till 11k.