Crypto BitCoin BTC/USD ($20,000 will be a Hard Level)
Updated View on BitCoin BTC/USD (6 Dec 2020)
BitCoin Has gain some bullish momentum in the recent weeks but it has somehow slowed down.
We are expecting 20K will hold as a strong resistant for now it is being stalled near parabolic region.
I am expecting some possible weakness in the near term.
Let's see.
DYODD, all the best and read the disclaimer too.
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Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
BitCoin Has gain some bullish momentum in the recent weeks but it has somehow slowed down.
We are expecting 20K will hold as a strong resistant for now it is being stalled near parabolic region.
I am expecting some possible weakness in the near term.
Let's see.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Comment:
Updated View on BitCoin BTC/USD (11 Dec 2020)
The parabolic phase is over for now.
Buckle up Dorothy. Kansas is going bye-bye.
BitCoin is trying hard to go back down after strong rise in the recent week.
It is better to stand aside if you want to buy in.
I expect it can swing to $17,000 level if the recent level of 417,600 is broken.
Let's see.
The parabolic phase is over for now.
Buckle up Dorothy. Kansas is going bye-bye.
BitCoin is trying hard to go back down after strong rise in the recent week.
It is better to stand aside if you want to buy in.
I expect it can swing to $17,000 level if the recent level of 417,600 is broken.
Let's see.
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I reckon it is making a pullback/profit taking due the lack of news.
It may drift lower for now, but do careful as well.
$18,000 will be a decent support.
Let's see.