GScottpro

BTC Repeating History...HODL2!

Long
BITSTAMP:BTCUSD   Bitcoin
Hello Crypto Hodlers!
Today I am going to prove you that we are just getting started with the Bull run. there is always bumps on way home and BTC is not an exception.
To have a better notion of where BTC stands currently macrotrends are the best. so let's start with Weekly.
As you can see we are way above kijun sen moving average and historically it has the tendency to drag the price few times during the Bull run just to shake weak hands and get more flying fuel ( better be unleaded or even green fuel as we are all bunch of environmentalists :-) JUST JOKING or AM I ?!
To validate our point let's see where BTC is at in terms of relative strength. Pretty Strong and close to a much stronger support zone that every time has made it bounce back hard to go through the roof again.
I think this week and/or next week would be a range between $43k-$53k and then it should be all green till the end of this Cycle ( talking about Monthly candles).
So my advise is to calm down and accumulate more BTC while you can since it is going to be Super.

NFA ( Not a financial advise ).

Adios till next post.

G
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