Hi everyone!
This is my first post concerning my current vision of the cryptomarket and I should say that we are at crucial point now.
March was traditionally the worst month in the history of Bitcoin and this year wasn't an exception. April by the way was the best one. Basically I don't care whether this happens by coincidence or not but facts speak for themselves. G20 news brought positive mood to the market and this trend for sure will continue.
Downtrend was finally broken and I am planning to start buying after the first reversal near 8200-8450 USD, anything within this price range seems to be interesting for buying. Below is my own trading plan, how I see BTC is going to move in short term.
View on a long term. What is interesting here is that two times major player was accumulating really huge position (two blue rectangles). For sure now is one the best moments to get into market for the reason that risk/reward ratio is really huge.
Legal disclaimer:
Before making any kind investment decisions, please do your own research. Never invest more than what you can afford to lose. Always measure your risks! Any presented content in this article is not a financial advice. The information provided in this blog post is my personal opinion and is for informational purposes only. Any trades made after reading this post are completely your responsibility. By reading this post you acknowledge and accept that.
Best of luck!
