BTCUSD LONG TERM ANALYSIS

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Here we have BTCUSD. Current fundamentals reflect the improved sustainability of this crypto asset, the latest being the announcement from UBER that they may adopt it in future, adding to the list of companies that are doing so. This fundamental basis drives demand and therefore price, reflecting the core nature of our long term plan. As you can see we are settling in a weekly uptrend.

The more stable BTC becomes the more reliable it can be for LONGS. Remember, we can buy dips and exit as price rises. you do not and if possible should not hold only one Trade because it will mean you miss out on various move all the way up.

History repeats itself due to market memory and we are going on to the Third upmove in the current uptrend cycle. Trade HVA's carefully with appropriate risk as they can be Volatile.

See you in the next analysis!

Comment:

Start to look long on this fall.