The Bitcoin price found some strong support near 43.000 $ and is now on the way back to the current top near 58K $. We just trade the up trend and buy every dip near support until market reached the target near 58K $.
Indicators (RSI & MACD) confirming the trend continuation. (Incoming bullish crossover MACD baseline, double bottom RSI). Price starts wave Nr. 3 today or tomorrow at latest.
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Curious to see this play out, I feel there isn't much power at the moment.
DK_Investment
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@Typelements, imo always if the market looks like there is not much power left it just start the next up wave. Dump from current price area would be to easy.
Typelements
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@DK_Investment_Consulting, That's true, let's see what happens next
PatrickHob
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I can't see this scenario happen, a down trend in progress as of now to 37k
Typelements
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@ebe1992, Could be the case for sure, but curious to see if the institutions already onboard will let that happen...
Mirror_Riker
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@ebe1992, Yeah, E.M. and all the other big institutions will let Btc just drop like that and lose serious money.