Bitcoin aiming for monthly highs
Good day traders,
if you followed the previous ideas, we had taken some profit, then let the trailing stop loss work, it got triggered and took profit on the remaining position.
However the trend is still positive so we got back in again. There is a good chance that volatility will increase and aim for the monthly highs of May.
Paypal is now supporting clients for buying cryptos (BTC,LTC,ETH) in the UK, while Binance has suspended services there.
Other major investment funds are joining the mining world.
Fear and greed index is showing greed in the market, even retail is not willing to sell, so we are experiencing a supply shock.
Keep in mind that there are less and less BTC around, we are getting closer and closer to total max supply.
DYOR this is not financial advice.
if you followed the previous ideas, we had taken some profit, then let the trailing stop loss work, it got triggered and took profit on the remaining position.
However the trend is still positive so we got back in again. There is a good chance that volatility will increase and aim for the monthly highs of May.
Paypal is now supporting clients for buying cryptos (BTC,LTC,ETH) in the UK, while Binance has suspended services there.
Other major investment funds are joining the mining world.
Fear and greed index is showing greed in the market, even retail is not willing to sell, so we are experiencing a supply shock.
Keep in mind that there are less and less BTC around, we are getting closer and closer to total max supply.
DYOR this is not financial advice.
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