Gelium

BTC: Long-term uptrend in the 35K area.

Long
Gelium Updated   
BITFINEX:BTCUSD   Bitcoin
A long-term uptrend to the 35K area is possible. Fundamental reasons: emission of currencies by central banks and introduction of digital analogs of fiat currencies. Investments in cryptocurrency and blockchain technologies are already increasing. Which in turn is good support for the uptrend.
Comment:
A downward correction is possible on the breakout of the upward support level.
Comment:
Bay @ 30% rollback. :)
Comment:
The second target level around 24K has been reached. Judging by the dynamics, growth to the third target level of 35K is possible without significant long-term corrections.
Comment:
The third target level is around 35K.
Trade closed: target reached:

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