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jamison_fx
Sep 12, 2022 10:08 AM

BTC LONG TERM VIEW - BUY ZONE! Long

Bitcoin / U.S. dollarBitstamp

Description

Right now we obviously still in the bearish waves LONG TERM, on the weekly we have created a bit of a support bouncing off the 2017 highs of $19000. I believe we are one more deep pullback away from making some life come back into the crypto market... if we break $25000 that could be the turning point but for now I do see price creating a bit more excitement before then some sharp downside. I take a bit of a different approach to the crypto market and very rarely day trade it, I'm looking for a few long term buys and I have a few levels in mind, major buy zone 12k but will probably start buying from 19k. Good luck to everyone and remember to trade smart!
Comments
TaylorGraf
Thanks for your analysis
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