$BTCUSD A STRATEGIC BUY
First, the bad news: I didn't expected such a strong retracement having an open window for buying a B-wave.
The good news is that you have a better copy price or direct entry on BTC.
Why strategic?
We may be close to enter into a renovated long cycles up move, that may have rally characteristics, so, this time, I want to be in.
Potential double bottom formation targeting same zone around 100K as a first step.
Oversold situation in cyclical terms.
Personal consideration about BTC of being the unique alternative to fight the FIAT distortion, depreciation.
I keep in.
Best,
José
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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision. Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk ... Show More
Not investment advice. The author may have financial interests in the mentioned instruments.
If I had done the exact opposite of your investments I would have benn at least 100% up for the past two years. Why don't you start doing the opposite of what your analisys show?... Show More
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