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insyyte
Aug 3, 2020 1:05 PM

Weekend liquidation getting bought Long

Bitcoin / U.S. dollarBitstamp

Description

A more that 1000 points in 15 mins. liquidation break is being steadily bought.

A weekly close above 11470 is likely to propel to 14K 1st target.

RSI staying above 50.

RSI and price downtrend line now overpowered.

Good potential for achieving 14k target.
Comments
valentinoamoro
Very interesting indeed. We see the move to silver and gold and now Bitcoin. Right as the SPX starts to close in to resistance and the dollar is under pressure.
Good to see you are long here. I have been steadily buying GBTC over the past two weeks. Please keep up posted here, this is where a lot of action is going to happen I think over the next year and beyond.
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