BTCUSD: Back to normal! Without Musk. Stay relaxed.

Hello my friends!

Yes, Musk manipulated the market. So what. For Crypto, it will be just an anecdote at the end.

So let's ignore Musk and look at the charts. We had the Corona anomaly, which gave us a very cheap Bitcoin price. :-)

After that, the price has held at the same level again. And after that, the bull run started... up to the current price level of 43K. Musk has driven the market further. Well done. Now he has made a 180 turn and what remains? We have consolidated, as predicted to the level of 43K. That's it. No more.

As I also wrote in one of my earlier post, the last bullish support zone is at about 30K. Currently, however, I expect a consolidation at this level and then a further upward trend.


--


Let's see what happens.
Happy trading. :-)


--



My Post May 14, 2021

My Post Apr 18, 2021

My Post Nov 19, 2020

My Post Apr 15, 2019 (2 year ago!)

Comment:

a quick analysis of tesla (TSLA/USD). -26% since his post. possible correction to 1,414 (-56% from the top). lets see. btc must go up so that musk at least makes a profit with his btc holdings ;-)