I've no much to say, I already gave my point in the chart. 👆
The uptrend looks tired to me, the FOMO because of the Halving, the apparent pattern of 57 days I've exposed, the matching between those Fibonacci, the volume areas, and of course: the market usually does the opposite of what retail investors are doing (buying now). 🤷♂️
All that said, a 16% ~ 17%...
Bitcoin has been behaving bullish from the 3800, with areas of consolidation and overall with higher-highs in price, coupled with higher-lows. 🧐
🤔 I believe the latest bearish movements are just a rectification, and the momentum of that swing is getting exhausted and we are still bullish. 🤑
Yes, I'm bullish! Even more with "half a planet" going short....
After a few days of consolidation within this range and after a breakout of the range resistance. I believe the price is making a throwback that may reach 0.5 ~ 0.61 Fibonacci, just before continuing with the new uptrend.
If all this happens I think that a target in the $2.35 is more than valid, and perhaps too conservative.
Am I wrong? ...will see! ✌️
I just discover PRU and they seem to me like a promising opportunity.
The company has currently a fair PE of 9.5. A positive sales and earnings per share growth during the last 5 years. A debt/equity under 1, institutional ownership over 60% and positive insider transactions.
They also have an active presence in social networks and a decent amount of...
