HundredGrandDan

BTC - Accumulation period -

HundredGrandDan Updated   
BITFINEX:BTCUSD   Bitcoin
From what my lines are telling me is that there will be continued selling pressure and a great opportunity for accumulation before the next bull run. If the 6000 floor is broken i am pretty sure that we could see btc 0.23% touch 4100 - 4700. i would say that we may have BTC 0.23% affordable to the retail consumer until June 2019 after which satoshis will be the only option for your average joe.
Comment:
Looks like we are looking for another level of liquidity, BTC 3100-1800. Like the lines in the chart shout - we are not in for a new all time high untill we break and bounce above 20,000. I am personally going to DCA in on bitcoin.

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.