meszaros

BTCUSD update ...

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
BTCUSD update ... https: //uk.tradingview.com/chart/ BTCUSD /VSsyAA4O-The-chance-of-BTCUSD-correction-increases/ continue analysis. Thanks for the many likes over 100 I have never received :) In my opinion, the construction of the rising fractal sequence continues. From my current analysis, it can be seen that the correction phase is complete. I hypothesize that even an accumulation range may develop before the further rise (red square), this is because the end of the current correction phase is characterized by a rebound, so the now lagging accumulation range starts to build from the previous peak level. In my opinion, it is already worth taking long positions at these points. The target price is 66671 usd. Consider this target price to be the primary target price because the final target price is above 100,000usd.
Comment: Currently, bitcoin is very strong. Therefore, I suggest that it is advisable to monitor the movement of the EURUSD or the dollar index. In the event that the EURUSD declines (the dollar strengthens), the bitcoin will also strengthen a bit or move sideways.