I heard they're backing part of their currency with gold. Of course it could easily be a bluff or a trick of some sort, after all this is a government we're talking about.
Looks like an ascending triangle bottom has been formed. my Initial target 58k but 64k is also easily reached. I believe exact number doesn't matter as much as timing.
Just a thought. aaaa a a a a a a a a a a a a a a a a a a a a a a a a
Not confirmed yet but if confirmed it would have a target of 100k. I believe it can easily go much more than that, but it's a target for this pattern not the cycle as a whole.
Let's see if Michael Burry is right AGAIN. *This bearush view has NOTHING to do with his fud about BTC. I noticed this a long time before the fud and I was waiting for a breakout to publish this.*
Trying something new. I don't know anything about the fundamentals but I'm using technical analysis (chart patterns) and risk management to trade. I'm risking 1% of my capital on this one. Stop loss at 420k sat. What do ya think? btw I don't feel like it's necessary to say all of this but the website doesn't allow publishing ideas without much context so sry if...
This is a head and shoulders bottom, volume is almost perfect. Target: 295$ or a little bit less.
I think it could easily go to more than 35$.
Ascending triangle target:1100