Following a nice run early this year we have gone through a period of profit taking/distribution. The fundamentals creating the environment for such a nice run up haven't changed much, however there will be a new catalyst towards the end of this summer that will create an environment for a HUGE Bitcoin run above £100k. It's all going to be closely related with COVID and further QE.
Why $25,000 is the buy zone?
Simple maths
ATH - $65,000
Golden Fib - 0.618
$65,000 * Golden FIb = $40,000
$65,000 - $40,000 = $25,000
Major resistance?
$80k
$105k
And then obviously the LAMBO ZONE
Why $25,000 is the buy zone?
Simple maths
ATH - $65,000
Golden Fib - 0.618
$65,000 * Golden FIb = $40,000
$65,000 - $40,000 = $25,000
Major resistance?
$80k
$105k
And then obviously the LAMBO ZONE
Comment:
All in, 25k never happening. See you at Lambo Zone
Comment:
Turns out after reaching 69k we might finally see the Lambo Zone which is approaching fast. This is a level you WANT to buy.
Comment:
Lambo ZONE hit and TAKEOFF