Due to the recent sell down, much of the margined account get wiped.
I will rather say the major motive is already achieved.
So, the downside movement may be pretty much limited. The condition right now is pretty similar to Dow Jones of late 2009.
I believe, bitcoin can swing up to $11,350 level but it will not revisit $18,000 anytime soon.
Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
Sonicr Mastery dot com is not responsible for any liabilities arising on the result of your market involvement or individual trade activities.
I will rather say the major motive is already achieved.
So, the downside movement may be pretty much limited. The condition right now is pretty similar to Dow Jones of late 2009.
I believe, bitcoin can swing up to $11,350 level but it will not revisit $18,000 anytime soon.
Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
Sonicr Mastery dot com is not responsible for any liabilities arising on the result of your market involvement or individual trade activities.
Note
hitting 10k should be easy.Note
Yea Baby 10K hit!
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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.
Telegram: t.me/sonictraders
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.