luigi1977

BTC Long, price still in the bearish triangle

Long
COINBASE:BTCEUR   Bitcoin / Euro
Panic sell since yesterday, but it depends how you trace the support lines. For me it's still in the price correction triangle, but the lower line has been touched and I am moderately buying.
I suspect one more month of up and down, but for the mining costs and current hash rate BTC is strongly underpriced.
Panic sells are starting, good opportunity for buy, but possibly will take some months before the price rally starts up again.
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