BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I revised the long term Kama Support Area using deviation bands, these levels are good for the next couple of months.

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Any update Enky? :) how do you see the current state of things?
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@DanielLt, still a bit weak beacause it's below the kama monthly average now at 6600$,i see bitcoin flat/slightly bearish despite the difficult situation the world is going through.
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DanielLt UnknownUnicorn30297
@UnknownUnicorn30297,

all normal and expected... now the difficulty is to predict if BTC will crash with the stocks or not... IMO stocks will dive heavily very soon, you can't just pump forever. They expect economy to resume shortly but that is obviously not going to happen.

The Chinese case is dodgy... I believe they are not showing whats happening, new cases are in sharp decline but cities are still empty... so i wouldnt rely on chinese data to calculate when will this be over.
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@DanielLt, I agree with you but the Federal Reserve as a last resource will buy US stocks. It might happen.
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Surprisingly BTC is showing some strenght compared to stock markets, i'm quite surprised.

But wouldn't be surprised as well if stocks go up and btc crashes 50%, crypto is crypto and a very limited amount of people can interfere with the price if they want.
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I don't understand!are you waiting for the numbers 2700-3750?am I right?please explain to the incomprehensible)
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@dima034, I'm not waiting, I'm highlighting a possible area of very strong support where to evaluate a BUY. I usually don't buy/have when the volatility is very high, so for me it is very important to see how a particular market behaves within my support areas, i prefer to open a position when the situation is quiet and not turbolent as now. As I said, if bitcoin remains strong above 3750-4000 usd I will do nothing other than keep the long position open in June 2019.
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