It's all about the long and short term
Dear long-term investor, welcome to this new bitcoin analysis.
After several uncertain days in the crypto-currency market, can we find a bullish or bearish signal?
We think that despite a lot of bearish news on the subject, we are in the long term still in a bullish trend, the market will just find liquidity where there is some, now the question to ask is where BitCoin will find its liquidity.
There are two possibilities, either Bitcoin hasn't recharged enough to get going again and will therefore look even lower towards 41500, or buyers are taking over the price, to help liquidate those with leverage down, to go towards the 52000 mark.
But feel free to do your own research, this is just an analysis, this scenario may not come true.
This is not an investment advice.
After several uncertain days in the crypto-currency market, can we find a bullish or bearish signal?
We think that despite a lot of bearish news on the subject, we are in the long term still in a bullish trend, the market will just find liquidity where there is some, now the question to ask is where BitCoin will find its liquidity.
There are two possibilities, either Bitcoin hasn't recharged enough to get going again and will therefore look even lower towards 41500, or buyers are taking over the price, to help liquidate those with leverage down, to go towards the 52000 mark.
But feel free to do your own research, this is just an analysis, this scenario may not come true.
This is not an investment advice.
Penafian
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