NickSutton

BTCUSD Upside Breakout

Long
BITFINEX:BTCUSD   Bitcoin
Bitcoin is undervalued and has been in a bearish trend thanks to the short term technical analysis traders. Making it a great time to buy now, has we seen in 2018 the yield for bitcoin will return this year hence increase the demand
and price. (This is a long term trade)
With the increase in bitcoin use in unstable countries like Venezuela shows that the its undervalued. Bitcoin usage has increased in Venezuela by 30% has their currency is hyper-inflated and will hit 10,000,000% at the end of 2019.

2019 outlook for BTC will be, $8000ish
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