Updated
BTC the honey badger
decision time soon™
prepare for some price action
i.imgur.com/FheQ8CT.jpg
prepare for some price action
i.imgur.com/FheQ8CT.jpg
Note
after $1300 books are very thin, seems like we could go into a bubble if we break up. In germany first stock broker wants negative interest rate for fiat from its customers: welt.de/finanzen/article162528005/Die-erste-Bank-verlangt-Strafzinsen-von-jedermann.html
Negative interest rates are prolly the most scary financial experiment going on right now!
If negative rates are coming, its likely that bitcoin gets hoarded as the good money and fiat spent as the bad money (According to Gresham's law) en.wikipedia.org/wiki/Gresham's_law
HODL :)
Note
btc hitting strong support here, expect rebound Note
next possible breakoutNote
honey badger has survived and climbing back up :-)seems like a two week sideways period ending here and we try to go for the upper targets.
USD charts have some differences between finex and other exchanges.
so watching mainly on KrakenEUR, bitflyerJPY and bitmexUSDSWAP now.
Note
Starting to go into parabolic rise now. Should target the 1.618 fib or higher, one can only guess here, I am looking for $1600-$2400. Reducing leverage, keep spot. Go safe side.Note
closed all leverage longs, keep holding spot and long term position. It is close to 100% up since last bottom.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.