ridethepig

ridethepig | BTC Market Commentary 2020.06.23

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BITMEX:XBTUSD.P   Bitcoin
BTCUSD with an underlying bid tone trickling slightly higher and completing the second targets in the sequence. For now though, I am happy to continue fading intraday dips in BTC and look to re-instate longs around 9360/9400.


The unhealthy collapse in consumer confidence in the public sector will continue adding to the brighter picture for BTC. Gold and BTC look cooked to outperform in a Sovereign Debt Crisis.


Well done all those riding this one.. a clean and straight forward move so far. Thanks for keeping your support coming with likes, comments, charts and etc!



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Eyes on $9,400 and $9,360 today for the NY open ... Will leave pending LMT orders just in case.
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