BitCoin BTC/USD (Here comes the BEARish pressure)

アップデート済
Updated View on BitCoin BTC/USD (17 FEB 2020)

BTCUSD has gone up too fast and too furious. It is about the time to meet its marker. $10,000 is such a strong resistant region.

I am expecting we shall be pull back at this moment. It can go down to as low as $9,100 to even $8,100 region.

If(only if) the price of the BTC breaks $8,100 region again, the downtrend will resume. In summary, it is kinda late to long now!



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ノート
Updated View on BitCoin BTC/USD (24 FEB 2020)

Ever wonder why GOLD rose so much but BTCUSD failed to do so?

Because you can keep Gold at home and rub it all you want, while BTC is just fairy dust in the air.

I am not bullish in this make-believe at this moment.


Let's See.


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ノート
Updated View on BitCoin BTC/USD (26 FEB 2020)

BTC has hit our first take profit (TP) level near $9,000 level.

When SHTF, the Truth appears. The BitCoin and the Crypto Craps are seen as a safe haven by the smart money.
Apparently, the real safe heaven assets are US dollar, Gold and surgical masks.

BTCUSD is now in the downtrend and it will continue to do so.
The next step/tgt can be $8,500 to $8,600 region.


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ノート
Updated View on BitCoin BTC/USD (26 FEB 2020)


This crypto Fairy Dust Fall Further!
Our Take Profit (TP2) is hit again.

No one takes crypto seriously anymore.
When SHTF, the USD and Gold are the real and sound money.


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