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Lukazo
Jan 10, 2022 2:48 PM

BTCUSD 100k scenario Long

Bitcoin / U.S. dollarBitstamp

Description

first of all happy new year to everybody!
the cryptomarket ist struggeling, but definitly not dead (as the news always suggest when it comes to a price situation like right now) ... the stockmarket is similarly moderate and a financial collapse is predicted since years!
maybe it will maybe not, but if so EVERY market will bleed.
anyway i still believe in the potential of crypto and in BTC as the mother of. So dont panic and lets be patient - good times will come again.
personally i will accumulate on the way down. this is no financial advice.

good luck investors, traders, hodlers and whatever

Trade active

exactly hit my target so bought at 30k

Comment

bought at 20k and below as well

Comment

new long target now
40k+
requires some patience as always :)

Trade closed manually

Comments
Tradersweekly
In my opinion this is very unlikely.
Lukazo
@Tradersweekly, so what do u think is likely?
Tradersweekly
@Lukazo, I personally think price will bounce towards 46k USD and then I will reassess situation. But at the moment, I think downtrend will resume once retracement towards 20-day SMA is completed. Lets see, thanks for asking. What are your thoughts on that?
Lukazo
@Tradersweekly, well your idea sounds reasonable and could play out as well. if the downtrend continues prices of even 25k are very likely in my opinion. reassessing situations is always a good move but at the moment i'm just really optimistic for 2022 ;)
Tradersweekly
@Lukazo, I think so too. If downtrend continues then I think it is possible that BTCUSD will see 25k USD price tag. Thanks for reply.
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