Timonrosso

UPDATE: Bitcoin target still on the way to $36,300

Long
OANDA:BTCUSD   Bitcoin
On 22 June 2023, we sent out a buy signal on Bitcoin. This was when it broke above the Falling Wedge...
The momentum was strong and so was the promising move.

We got in but hasd NO idea it would be such a long hold.

Unfortunately, the daily interest costs added up and the entry price went higher and higher.

But we held on regardless... The loss was quite large in September, and it seemed like the market was going to break down.

But as patient traders, we held.

Right now it's nicely in the money and I'm still holding. And from my experience anything can change. The market can driop just as much or it can rally to the target.

It still hasn't hit the target, but seeing a new rounding Bottom form - Helps show more confirmation of upside to come.

It's been a long and rough ride but so far very worth it...


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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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