It is true that many people believe that BTC has been bearish for the last few weeks. However, a deep analysis on the chart dating between July - Aug 2013 shows that the price is not to close below the 50MA on the Weekly Timeframe. The weekly candlestick normally closes on Monday 26 July 2021 at 1:59 AM. This means that they will be BTC price retracement before or on that time, in order for that candlestick to close above the 50MA. This also means that the BTC price will close above $32000 by the close of the current Weekly candlestick.
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It seems I am the only one who is already LONG on BTC. I like the pullout from the will be so fast that people will try to buy and miss it.
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At the time of writing my idea BTC was $29550.
Today we will have some good vibe, Elon Musk speaking: www.thebword.org/c/the-b-word
Today we will have some good vibe, Elon Musk speaking: www.thebword.org/c/the-b-word