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Massive structure formed on the weekly chart.
I am full of optimism for Bitcoin and the crypto marketplace in general. So I am quite bullish and expect the green arrows to win so to speak, which means we might see 100k per Bitcoin some time in the future given the debasement of the currencies that is going on all around the world, with the central banks pumping...
The latest rally’s been crazy and a pullback to the new comfortable support level of 300 would be only natural. People need to cover those long positions don’t they?
A careful short with trailing stop would
be a good idea.
What it better, it to wait till the mkt gets to the support level. Holds it, and then, goes to conquer new higher highs in 2020 with...