Kenneth7

BTC - 2 options to the moon.

Long
BITFINEX:BTCUSD   Bitcoin
Hi, everyone.

We will be faced with very important month coming October because we're gonna figure BTC falling is Bear Trap or not.

I had been strongly recommended the best price to buy BTC is 7400-7800 area which makes a cycle of Elliott Wave Principle.

There are 2 options and some reasons very interesting.

A. BTC to the moon before Bitcoin Block Reward Halving.

- We have seen how LTC moved, the LTC went to hell after Litecoin Block Reward Halving.

- Statistically BTC rised when the end of year November and December.


B. BTC to the moon after Bitcoin Block Reward Halving.

- Statistically BTC rised after Bitcoin Block Reward Halving

- In this case BTC will fall down about 6,000 but don't worry this is very strong support on trend line of 200 weeks.

The A option is the best scenario because Bull market is not end yet.

Anyway BTC will go up, Hope you guys to become super rich.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.