BTCUSDC trade ideas
$BTC potential scenario playing outIf this fractal plays out we should expect some minor sell pressure over the next few days so Michael Saylor can accumulate, followed by a correction and continued sideways action until we build up enough strength to finally break through ATH
BTC: Discount Shopping?!My Fellow Traders,
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Guggenheim News Helps ‘Cool’ Bitcoin to Break $18KAt 08:10 UTC on Sunday (November 29), the Bitcoin price surged past the $18,000 level, seemingly on another run toward its all-time high of $19,870 (which, according to the CryptoCompare Index, was reached on 17 December 2017).
The trend of major public companies putting a part of their assets in bitcoin (BTC) continues to gain momentum as according to a recent development, the $200 billion-plus asset-manager, Guggenheim Partners is the latest to join the BTC frenzy.
According to a filing on November 27, Guggenheim Partners, which invests across several asset classes on behalf of clients including pension funds, and sovereign wealth funds, is seeking “investment exposure to bitcoin indirectly.”
Notably, the asset-manager is seeking exposure to the premier cryptocurrency through Grayscale’s Bitcoin Trust product (GBTC) via its Macro Opportunities Fund.
BCT/USD hold down and moving up December 2020 During 2020, COINBASE:BTCUSD price range 3500 - 19600 and provide huge gain compare to other instruments. ATH for almost 13 years happen in November 2020. I believe those performance is tremendous while bitcoin or cryptocurrency adoption significantly increase by institution, consumers, as well as regulatory framework .
Technically, refer to momentum analysis and price action, it seems BTC price likely to move down around to 15900 and then maintain this level before moving up on December 2020.
Brace for impactShort term I see a retrace to the middle section of the rising channel, at least.
Pretty confident in this one
Decision pointNot that I want to be a party pooper, but it may be time to watch the excitement.
A new high will invalidate this rising wedge, so I'll be watching from the sideline for a while as it may be time to step aside for a moment
That +30% ride was beautiful from the 10k re-entry.
BTC/USDC support SSB/TENKAN W a 11k1, HIGH CLOSE W 2019 a 11k4Cela pourrais être un bon point d'entree après avoir franchis la tenkan W, zone travaillée en Août et passant de support à résistance debut septembre.
Cependant la chikou D étant toujours dans le nuage, cela demande confirmation dans le cas ou elle sortirais par le haut du nuage journalier en parallèle de s'affranchir du plus haut cours de cloture hebdomadaire de 2019
BTCUSDC +204%
Charts do NOT predict prices. No form of TA predicts prices. Charts suggest the path of least resistance
Charts provide a means to determine the risk of a trade
Charts offer help in timing
Charts offer POSSIBILITIES, not probabilities and certainly not certainties.
Money management is the key, risk/reward.
Stay safe. Peace
BTC USD READ IF YOU ARE INTERESTED, NO COWBOY OR ROBIN HOOD! Hi,
Beware this is not an advice or recommendation. You are the only person who is responsible for their own trade(s).
I just share my thoughts here for anyone who is interested. I follow the stocks market since 19 years now.... And BTC since about two years (not so long) But i love crypto more than stocks like Tesla and so on.
I started trading BTC USD and other cryptocurrencies since black thursday since i thought it was on a "sale".
I will buy BTC USD and go long IF it is between 10.000 and 10.700. Also IF it breaks 10.000 i will open a short and buy again around 7.000. For more explanation see my chart. I always buy small pieces with leverage 2.
Good luck and safe trading everyone!
