Bitcoin buy zone approaching really quick LAMBO ZONE SOON AFTER
Following a nice run early this year we have gone through a period of profit taking/distribution. The fundamentals creating the environment for such a nice run up haven't changed much, however there will be a new catalyst towards the end of this summer that will create an environment for a HUGE Bitcoin run above £100k. It's all going to be closely related with COVID and further QE.
Why $25,000 is the buy zone?
Simple maths
ATH - $65,000
Golden Fib - 0.618
$65,000 * Golden FIb = $40,000
$65,000 - $40,000 = $25,000
Major resistance?
$80k
$105k
And then obviously the LAMBO ZONE
Why $25,000 is the buy zone?
Simple maths
ATH - $65,000
Golden Fib - 0.618
$65,000 * Golden FIb = $40,000
$65,000 - $40,000 = $25,000
Major resistance?
$80k
$105k
And then obviously the LAMBO ZONE
Note
All in, 25k never happening. See you at Lambo ZoneNote
Turns out after reaching 69k we might finally see the Lambo Zone which is approaching fast. This is a level you WANT to buy.Note
Lambo ZONE hit and TAKEOFF
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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.
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.