View on BitCoin BTC/USD (21 May 2021)
Is the Tulip mania over?
The answer is YES.
We will not see the BTC 60K anytime again so soon.
After the BIG sell down yesterday, we are just experiencing some hard bounces. So the swing up can be quite high too.
But sooner or later, it will drift back lower. I expect we shall see 34K or lower soon.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Is the Tulip mania over?
The answer is YES.
We will not see the BTC 60K anytime again so soon.
After the BIG sell down yesterday, we are just experiencing some hard bounces. So the swing up can be quite high too.
But sooner or later, it will drift back lower. I expect we shall see 34K or lower soon.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Trade closed: target reached
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2 days later, our expected TP is hit. again.
Take some profit if you already have some short,, at the current level.