I2MPCapital

Both Scenarios for Halving

BITSTAMP:BTCUSD   Bitcoin
From my point of view I do not have the result of this hypothesis, BTC could go directly to 11,4K$ without giving any pullback to 6k$, I not going to be trading the halving, there will be many people buying on the hype so I expect the institutional traders selling strongly to rebuy again taking better positions before going back to 11,4K$. Looking at technicals levels, the lowest price on the resistance is around 5800$ including the extra volatility that sometimes make its go lower but still giving validity to the level, we can see the extension to 4000$ on the sake out, so, from 5800$ to 11400$ there will be a swing with a potential 95% increase in value.
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.