ChartArt
Long

Bitcoin: A risk/reward ratio of 70 trading idea

BITFINEX:BTCUSD   Bitcoin / Dollar
Imagine you sell into the bottom here before the BitLicense is finally released and GBTC             trades at moon prices and the market finally leaves the multi-month downtrend.

UPDATE: Here is how close we have to my scenario coming true since I posted it:
snapshot

UPDATE 2, from April 30, 2015. My scenario is starting to become real:

snapshot

snapshot

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Also check out this chart which HerSerernity posted later:

Phidias
cloudichimoku
2 years ago
yeah im buying at these prices without leverage daily. Definitely a good BTC price to be buying at.
+1 Reply
ddp922
2 years ago
Highly unlikely. This bear whale is stringing everyone along for a good ride. This all started with the coinbase pump and the other failed attempt at 300. Bulls going max leverage blew all their ammo in the 290 range and then the bear whale smashed them down. Bulls are highly addicted to leverage and it's clear there has been very little buying over the past week. This is just a bear whale manipulation show.
Reply
ChartArt ddp922
2 years ago
7 days later and we broke the long-term downtrend line (see my new screenshots above). Let's see how bullish the market gets now.
Reply
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