IBRA-

JPMORGAN PRISING BITCOIN IS NEVER A GOOD SIGN

Long
IBRA- Updated   
BITSTAMP:BTCUSD   Bitcoin
Many good news in the media this last week, specially coming from big player like JPMORGAN about bitcoin, this is starting to look like a place where they might distribute, to reacumulate again in the 12k area, liquidate some big longs in the way, refuell their pockets, and draw new ATH in 2021. Nothing comfirmed jet, just suspicious. still bullish (very) in the weekly and monthly chart, we are at the start at the new bull cicle, 95% chances I would say.
Comment:
I DONT WANT TO SEE THE PRICE COMING BACK DOWN TO TEH RANGE, THATS A CLEAR INVALIDATION POINT FOR ME, IN CASE OF ARETEST, THAT AREA MUST HOLD

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