MMD2024

MMD's December Trade

Long
MMD2024 Updated   
BITSTAMP:BTCUSD   Bitcoin
I see a major move coming and taking us to the higher in steps to 7.9k to as high as 9k region by next year February, I am buying from 7.1k until 6.8k and then sell at
First Target: 7.5k (33% srake)
Second Target: 8K (33% stake)
Third Target: 9.2k (33% stake)

The market is ready for a bounce after a major 55% correction from the local top of $14K.

Merry Christmas!


Disclaimer:
This is solely my opinion and not financial advice
Comment:
We have been ranging on resistance 7200 and support 7080 for sometime now, I belive we will break the 7080 support followed by a red candle to 6950 or to 6850 in some cases. Expect a strong bounce from here, taking us to our first key resistance of 7500 and then breaking that resistance will welcome 8ks.... Good luck

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