classic87

PLAN A BTCUSD will bounce off from 8500 and continue upwords

Long
BNC:BLX   BraveNewCoin Liquid Index for Bitcoin
As long as we hold above the diagonal line we should move upwords.

Comments

Good morning! Your returning customer here :-)
Just wondering if we've seen the low. Many are talking about the CME Gap, but it looks like BTC is ignoring that gap. What are your thoughts about this?
Thanks and wishing you a good working week!
+1 Reply
classic87 Gaengphed
@Gaengphed, Hi. Thx for the kind words. Yes, the CME gap is still possible to be filled. However, when everybody is talking about it thats what concerns me on the contrarian side.
But if we do get CME filled it will be in a quick manner down to 9000 and the price should bounce back above 10k quickly.

All in all BTC looks extremly bullish longterm.
Hope you sit on huge stack. :) 2021 will be amazing
+1 Reply
Gaengphed classic87
@classic87, Well, sitting on a nice stack of XRP, IOTA, ADA and ETH yes, but not in BTC ;-) But I asked the question because ALTS tend to follow BTC 90% of the time lol. IMHO the returns on ALTS seem a lot higher to me than with BTC. Although ALTS might experience a drop when BTC pump to ATH's...those are moments I will simply add to stack extra, as I have bad experiences with flipflopping back and forth to other coins in the previous cycle hahaha. This cycle will be different, I'm prepared for anything :-)

Thanks for the quick reply! Will come back every now and then and do an 'oooohhh' and 'aaaaahh' when playing forward your ideas :-)
Stay safe!
+1 Reply
classic87 Gaengphed
@Gaengphed, Sorry for a late reply. Ofcourse i meant crypto in general when i said a huge stack. The whole crypto space will explode. I am as well diversified in a couple of alts. Just like you said when btc eventually breaks out of consolidation towords 20k it will take back some of the Mcap dominance.
+1 Reply
I have to say...this one is exciting in its simplicity ;-)
+1 Reply
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