Short term BTC target
I am currently watching these three target areas for BTC. 8200, 7700 and 7500.
We kinda already hit the first target, but I think there is a ig likelihood that we will go below from here. I think this likelihood is above 60% and as a result I am not willing to long, even though I am very bullish longer term.
This is because we broke out of a downtrend that started about 6 month ago. We are currently retracing from the breakout to get some new breath for the next move away.
I'll be looking for long entries at target 2 & 3.
Resteemed :-)
i'm too!! thx for graphic, very interesting
cheers and a little bit of !BEER 🤠
Thank you
I am although very bullish for longer term 👌
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Banking on long entries as well.
Indeed there is some pressure in the market. Probably by miners. Afer the halfing in May this influence will decrease. So I expect higher levels in the second half of this year.
That’s right!
@knircky, Let's see what is waiting ahead. I am no expert but going through from some posts and videos and through those words and information in my opinion Selling Pressure is increasing. Stay blessed.
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I'd like btc to fall. I was planning to throw in my liquid steem when btc was below 7k a few weeks ago but I couldn't pull the trigger. I'm 100% in steem and it feels wrong. Need some btc even though if steem gets to 50 cents I would be better for me to stay in steem. Have a !BEER on me
View or trade
BEER
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