HugoTrades

BTC/USD, read a fair analysis, prices are going up again!

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Just follow the whales

For what I am used to see, to trade on, the BTC shows signs of consolidations and is not going to go any lower. Prices are driven by huge investments from privates investments companies such as MicroStrategy (more than 100.000 bitcoins at a market price of 29,000 USD). This resistance of 29,000 has been retested a few times and I doubt the btc will go any lower in this bull market. With their recent announcements, China is just helping bitcoin to return to better price. I am aware that many of you disagree with this idea, but lets see ;)
Comment: If prices are reaching the 42,000 area again. then we will see what happens. But I am convinced prices are getting there

Comments

great t.a
+1 Reply
HugoTrades XRPLamb0s4lyfe
@XRPLamb0s4lyfe, thanks
Reply
Good angle, I remain bullish
Reply
HugoTrades matt43952
@matt43952, yes good angle, it always a question of angle
+1 Reply
matt43952 HugoTrades
@HugoTrades, haha! accurate
Reply