BTC - 09 August 2019 - When and How Accumulate BTC? - FOR BEARS
Considering the huge cycles bitcoin have been doing, we can suggest that Bitcoin has either entered the last 5th bull market wave or about to finish the 4th and the most boring correction wave.
When we draw the fibonnacci retracement from the start of the 3rd wave we can see that bitcoin has hit the .38 level back in december 2018.
However it is really likely to hit the 0.5 or even - dont find it likely though - 0.618 level to finish the correction.
The reason why I still have the bear view is this ugly rise and altcoin market crash.
These are the levels which I am playing to get myself some btc, if do not retrace to these levels I will be stop-limit ordering other targets.
Great profits and trades everyone.
When we draw the fibonnacci retracement from the start of the 3rd wave we can see that bitcoin has hit the .38 level back in december 2018.
However it is really likely to hit the 0.5 or even - dont find it likely though - 0.618 level to finish the correction.
The reason why I still have the bear view is this ugly rise and altcoin market crash.
These are the levels which I am playing to get myself some btc, if do not retrace to these levels I will be stop-limit ordering other targets.
Great profits and trades everyone.
Trade active:
I will start buying bitcoin at 5k levels.
BTC is not looking good at all.
A pull back to 9k is possible but not a must before the next crash...
BTC is not looking good at all.
A pull back to 9k is possible but not a must before the next crash...