MiguelVees

BTCUSD BULLISH BUYING PRESSURE ZONE

BITFINEX:BTCUSD   Bitcoin
What up everyone!?

It seems like we were right with our analysis for now.
BTC hit our target (C).
Check the analysis before.

Now we are in a big bullish buying pressure zone (black).

It will be interesting how fast we can break the bearish selling pressure zone (yellow).

I personally wanted this to happen, and I follow the system.
So I reentered the markets. I bought more BTC and ETH for now.

Long term view: I don't see any technical or fundamental reason that the markets should go further down.
Most likely we will see a consolidation (sideways move).

Nice to see how all the hype buyers are now out and stupid money lost again.
We are back to the Elon candle, that in the past caused the markets to further up with no real reason.
Just hype!
That's why I sold 50% of my holdings at the top.

Lets get it!



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