cautious_trader888

BTC seems it bottomed already, COVID 1st human trial begins

Long
BITSTAMP:BTCUSD   Bitcoin
Sharing my same thoughts on BTC yesterday but option 1 is I think more probable atm.

1. BTC possibly bottomed at $3,850. If it holds true, then BTC will be rallying to wave 5 or at least reach $14,600. I think this one is more likely as COVID 1st human trial begins in US.

2. If bottom not yet reached, I'm looking possibly below 3K to 1K as wave 2. And wave 3 to follow, targeting at the minimum $14,600 or even higher.

Either way, I think it's better to accumulate slowly. Wave 5 will go up or Wave 3 will also go up.

This is my personal opinion only and should not be taken as trading or investing advice. Please trade at your own risk.

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