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LemkeCapital
Oct 9, 2020 12:10 AM

Bitcoin: Daily close super BULLISH - next stop $11,150 - $11,400 Long

Bitcoin / United States DollarCoinbase

Description

Bitcoin: Daily close super BULLISH over $10,900. - next stop $11,150 - $11,400. Wouldn't be surprised to see this levels tapped this week. See my last two ideas of how I anticipated this to play out.

Michael Saylor - “For 953 million people in 20 countries with weakening currencies, #Bitcoin represents something greater than a treasury asset.  For them, it's more like an ark of encrypted energy to escape the flood. I considered investing our treasury in fiat, bonds, stocks, swaps, index funds, options, real estate, commodities, precious metals, art, & intangibles before settling on #Bitcoin. It seems like the ideal long duration asset. #Bitcoin is the most efficient system in the history of mankind for channeling energy through time and space. #Bitcoin is digital gold - growing harder, smarter, faster, & stronger due to the relentless progression of technology. #Bitcoin is 19.3 trillion times more secure than it was 10 years ago, 50x more secure than the next best thing.   Gold is still as secure as it was in 1934.”

Peter Brandt - “It is a major development that a global corporation is now putting BTC onto its balance sheet. The weekly and daily charts a poised to flash a big buy signal.”

Luke Martin - “One company decides they want to invest ~$400 million of their treasury into BTC.

Next company throws ~50million at their first buy.

Average entry for both is between 10k-11k.

They aren't worried about timing the bottom, they're worried about not being long...”

🚀📈
Comments
MOGTR
Super bullish my ass
LemkeCapital
@MOGTR, LOL
MOGTR
@LemkeCapital, still not "super" bullish
LemkeCapital
@MOGTR, agreed, definitely could have worded better.
AldoRivas
10900 resistance is a hard one
LemkeCapital
@AldoRivas, crushed it
AldoRivas
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