[BITCOIN] Tecnical Analisys: Pullback is coming in next week?
Hi Steemit,
I will share with you, my personal tecnical analisys on Bitcoin cryptocurrency.
After a breakout that push Bitcoin near to $5000, last 3 weeks we attend a retracement that's still in progress.
As you coluld see in my chart, seems that Bitcoin is performing a pullback on the trendline, so in the next weeks will take shape the opportunity to open a long trade near to $3000 with an ambitious Take Profit over $5000.
This is my tecnical idea, supported by geopolitical bases. I think that Bitcoin will rise far beyond actual level in next years.
The reason is why it is disconnected from the monetary policies of the various Central Banks and this makes it a currency free from manipulations.
Let me know what you think, I think it's an interesting opportunity.
Stay tuned
Bitcoin could be entering a long term bear market.
I think that we need to wait the end of october to have the answer to our question. If the TL will be broken, your analysis will take shape
Well played man, BTC did dip lower than I thought :)
Thank you, now we have to wait $3000 to see if resistance level hold on..
Good work, followed!