Goldkingcoiner's Bitcoin Chart February 24 part 1: Dump or Dip?
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Summary:
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I think the bad news about Tariffs is mainly what is responsible for the current dip. But what are the chances it will develop into a dump?
Going by trends and Fibonnaci support levels, 93.5K is my buy in.
~7% off of a 100K Bitcoin seems too attractive to pass up.
But there is the slight possibility of further FUD pushing the price down.
A fall below 90K might be a drop further to the sub 80Ks.
But do Bitcoiners really care?
Stacking sats.
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Thanks for reading!
Summary:
--------------------
I think the bad news about Tariffs is mainly what is responsible for the current dip. But what are the chances it will develop into a dump?
Going by trends and Fibonnaci support levels, 93.5K is my buy in.
~7% off of a 100K Bitcoin seems too attractive to pass up.
But there is the slight possibility of further FUD pushing the price down.
A fall below 90K might be a drop further to the sub 80Ks.
But do Bitcoiners really care?
Stacking sats.
----------------------------------------------
Thanks for reading!
Trade active
support is strong around 93.5K, as expected.
2% profit is all I ask for today.
Trade closed: target reached
I would say ~6% is a good point to take profit. I am quite sure we will see some more upcoming highs and lows to take advantage from. Trade opened at 93.5k and closed at 99KNote
I have set up another buy @94K
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.