UnknownUnicorn9837424

Mid-Term BTC Position. November-December-January

Long
BITSTAMP:BTCUSD   Bitcoin
Hi everyone,
So most likely we will see consolidation in the near future for the BTCUSD pair.

So what our team proposes. Base on our analysis we can have BTC on the 12800-12900 level. Of course, it can be 11K in short term but, we think that week will not close below 11900. So, in this case, we open a long position in equal parts at levels: 13200, 12800, 12400, 11900, 11800, and 11000.

Our target will be $15950.
Our spot: BTC
Type of this position: Futures.

This is a midterm position with a potential 32% profit in BTC and Futures. So profit around 60% in total for 2-3 months. Let us know, what do you think.
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