I was watching B Word Conference Where Elon Musk, Jack Dorsey, Cathie Wood & Teve Lee were talking about bitcoin.
Elon Musk Says - " Some of the teslas bank accounts in Europe are earning Negative Interest Rates... It's better to hold bitcoin"
Cathie Wood Says - Bitcoin is disruptive Innovation & misunderstanding can give other people huge Investment opportunities.
Jack Dorsey Says - What Inspires me the most is the community driving bitcoin - it reminds me of the early Internet.
After the official broadcast, We're seeing a surge in confidence from the bulls, they defended lower 29,000$ support with a bullish engulfing candle with strong volume.
getting us back upto 32,000$.
creating an opportunity to build a long position.
Just added 30% of my total position for this trade.
Waiting for the moving averages to cross over & a small pullback to add another 60%.
Targeting: to sell between 36,000$ to 38,000$ (Where we have a tough resistance atm).
Let me know what coins are you guys buying Into?
Thanks for reading the Idea - Have an amazing day!