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TradingAlchemist
May 6, 2020 1:37 PM

BTCUSD: Opinion on the market situation. 

Bitcoin / U.S. dollarBitstamp

Description

Hi guys! Today I want to give a more global opinion. In general, trading now, before Bitcoin halving, is dangerous. Hamsters think that he will go up, but this is not a fact. On the contrary, Bitcoin can collapse and only after that start serious growth. If you want to trade, then do it from the levels on large timeframes. For example, from $ 9350. I will add that the global trend will change to an upward trend only if Bitcoin consolidates above $ 10,400. Up to this point, it’s definitely not worth talking about a campaign of $ 14,000 or even more so of $ 19,000!.. I depicted the closest possible movement with arrows.
Comments
tarikuwusha
exactly...i prefer a pullback first before the great bull run!
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