DK_Investment_Consulting

Bitcoin update - 26K incoming - buy the dip!

Long
COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Dear traders and followers,

welcome to our latest Bitcoin idea.
The Bitcoin price moved since middle of May in the range from 30K to 40K and the market volume is descending since middle of May.
We expect some bigger Volume incoming in the next days and this will be most probably sell volume . Market closed in the last weeks always above the
50D EMA but it seems like this week will be the final sell signal week. A close under the 50D EMA is imminent. The target for the following down move
after weekly close is between 25K - 26K. This will give us a nice buy opportunity.

Always remember: buy the panic and sell the euphoria ;)
this is a nice tool to measure the panic / fear --> https://alternative.me/crypto/fear-and-g... (buy after a big dip if the market reach 10-15 on the index)

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Comments

50 Day or 50 Week?
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@ImminentDebacle, it’s the EMA50 on the weekly chart. Sorry for the D behind the 50
Reply
ImminentDebacle DK_Investment_Consulting
@DK_Investment_Consulting, As I thought. No worries.
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