LegionWolf

BITCOIN Analysis May 2021

Long
BITSTAMP:BTCUSD   Bitcoin
Well, not much to say, check the correlated analysis before it happened when I was waiting for this opportunity since April. And now we are getting closer, it's a matter of submitting yourself to time until we get the best buys below 50k.
There's a lot of liquidity down there and I even risk of saying it can go below at 38-39k USD.
My plan is for the long run, 5-10 years horizon, so I will be always doing DCA into it.

Basically we had 2 redelivery rebalance in price and now the bigger gap is between 41-43k USD, best zone to buy into it at very good discount price

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