Bitcoin (BTC) LONG Possibility 6000$ to 20000$ in less than 5 months. 3.3x Gain
Bitcoin (BTC) 26-02-18 Possibility from 6000 to 20000 in less than 5 months. 3.3x Gain
Bitcoin is still in a downtrend the number of sell orders is showing that.
The Bitfinex order book shows us following: In order to breach the resistance line of 13000 $ a value of 70.000.000 $ or 7000 BTC needs to be sold. So looking at the trendline graphic we need to understand that BTC will recover more slowly back to its ATH. So we see this speaks of course for just one single Exchange.
In my opinion, there is still a long way up to the recover and rocket phase. Many people bought at the ATH these people will come back and pull out their scared money while we are on the way back to the ATH. So this process will take place more slowly than the rocket phase of last year.
Anyway, with lightning network and the other new fancy stuff, BTC will recover I think it will recover slowly until the summer.
Want some charts like this? Go to www.tradingview.com
All people who want to get onto the spaceship still can do hoping with a gain of factor 3.3 till the summer. All time high buyers can release their money in the summer and hopefully buy some STEEM.
You are invited to share your opinion. Much gains to all of you.
This information is not a recommendation to buy or sell. It is to be used for educational and informational purposes only. Remember Cryptos are a high-risk asset.