Libertas777

Re-test the 50% Fib to Apprx $30,000 then 1 year bull market

Long
BITFINEX:BTCUSD   Bitcoin
I think the Fib re-tracement, the macro trend lines and the RSI speak for themselves.

There could always of course be an unexpected mass sell off into Fiat however I think this is unlikely and buying bitcoin around $30,000 will see at least 4x gains. Once we hit the $120-$140 k mark expect at least a 50% Fib retracement back to $60k.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.