gkim93

Final Consolidation

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BITFINEX:BTCUSD   Bitcoin
BTC price action has been really interesting past 6 months. There exist a strong support around 6K level (Commonly known as the production break even point). Whether or not the price has been manipulated, the BTC price is consolidating towards 6K. The current price point serve as good long position opportunity (Obviously this is not a financial advise).

Looking at the upcoming global currency crisis, if BTC is an alternative currency the society can depend on we should be seeing another bull run coming soon. The critical decision point is around end of this year. Let us hope for the best but prepare for the worst.

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