BitCoin BTC/USD (Here comes the BEARish pressure)
Updated View on BitCoin BTC/USD (17 FEB 2020)
BTCUSD has gone up too fast and too furious. It is about the time to meet its marker. $10,000 is such a strong resistant region.
I am expecting we shall be pull back at this moment. It can go down to as low as $9,100 to even $8,100 region.
If(only if) the price of the BTC breaks $8,100 region again, the downtrend will resume. In summary, it is kinda late to long now!
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
BTCUSD has gone up too fast and too furious. It is about the time to meet its marker. $10,000 is such a strong resistant region.
I am expecting we shall be pull back at this moment. It can go down to as low as $9,100 to even $8,100 region.
If(only if) the price of the BTC breaks $8,100 region again, the downtrend will resume. In summary, it is kinda late to long now!
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Comment:
Updated View on BitCoin BTC/USD (26 FEB 2020)
BTC has hit our first take profit (TP) level near $9,000 level.
When SHTF, the Truth appears. The BitCoin and the Crypto Craps are seen as a safe haven by the smart money.
Apparently, the real safe heaven assets are US dollar, Gold and surgical masks.
BTCUSD is now in the downtrend and it will continue to do so.
The next step/tgt can be $8,500 to $8,600 region.
BTC has hit our first take profit (TP) level near $9,000 level.
When SHTF, the Truth appears. The BitCoin and the Crypto Craps are seen as a safe haven by the smart money.
Apparently, the real safe heaven assets are US dollar, Gold and surgical masks.
BTCUSD is now in the downtrend and it will continue to do so.
The next step/tgt can be $8,500 to $8,600 region.
Comment:
Updated View on BitCoin BTC/USD (26 FEB 2020)
This crypto Fairy Dust Fall Further!
Our Take Profit (TP2) is hit again.
No one takes crypto seriously anymore.
When SHTF, the USD and Gold are the real and sound money.
This crypto Fairy Dust Fall Further!
Our Take Profit (TP2) is hit again.
No one takes crypto seriously anymore.
When SHTF, the USD and Gold are the real and sound money.
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Ever wonder why GOLD rose so much but BTCUSD failed to do so?
Because you can keep Gold at home and rub it all you want, while BTC is just fairy dust in the air.
I am not bullish in this make-believe at this moment.
Let's See.