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MONEYMAKER00
Mar 25, 2021 12:31 PM

Bitcoin offers a great R/R at 50.000$ level Long

Bitcoin / U.S. dollarBitstamp

Description

Here as you can see, Bitcoin is going to a very critical level 50.000$ where is exactly aligned with Fibonacci level 61.8%.
I believe this level will play out as very strong support as it's also a psychological level.
This offers the opportunity for the smart money (Big banks and Institutions) to buy aggressively at the medication point.
At that price, BTC offers a great 1/15 Risk to Reward ratio and I think its worth the try.
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