Daxxtrader

BTC needs an accumulation range before uptrend resumes

Short
BITMEX:XBTUSD.P   Bitcoin
Looking for buys around 5.8 and 5k if the 1st level fails.
Expecting an accumulation range for 2-3 months then a break out into an up trend after miners stop dumping excess storage when we move into the halving.
Post halving resume up trend and push for new ATHs by end of 2020 and 2021/22 tops out in a parabolic blow off top.

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