JW_

BTC USD ANALYSIS 2020/2021

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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11
We have been in and out of Bitcoin as a group regularly over the last 3 months. Mainly short term sells or buying across the 4/8HR - day trades.

On the 17th of December sentiment displayed signs of a long, as per our quick analysis posted here (Full document was posted in our channel on the 17th)

We entered here at 22168, and before we knew it was on the rise without any signs of stopping. We then proceeded to make our trade risk free and so forth. Now our trade has cleared 32000 and achieved our take profit.

Entry: 22168
SL: 20500
TP 1: 29700
TP 2: 32000

Our key points we addressed with this trade 22/12:

''BTCUSD the correction and surge continues. Looking back at our analysis on this pair Mid September we could all look forward to further bullish movement and we were proven exactly right. Based on the analysis we posted, the correction started 1200 points higher, therefore we could expect to see the correction move higher. For any traders who are thinking on a swing long we could see BTC reach the heights of 32000 before the month is out'''

Fast forward Saturday 2nd January, 32000 ACHIEVED!! Well done everyone!!

Where to next for BTC? If we continue on the lead of bulls we should look to achieve in excess of 36k.

We have comfortably banked some unbelievable profit during Christmas and NY on BTC , feeling truly blessed that BTC made its move for us all!

We will be monitoring BTC closely throughout the first 2 weeks of January, full trade analysis for a re-entry could be viable by Monday 4th January. Watch this space.

Happy new year everyone!! :)

(P.S this is my back up account, I have managed to lock myself out of my master account!)

Comments

Ask Tradingview to unlock you. Will cost you an email to their supportdesk. Are you sure you had a master account?
+1 Reply
Woooow monster pips achieved there,big up guys excellent work,much respect from Africa
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Good one
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