MegalodonTrading

Bitcoin | Bull is on. | Have you bet the farm yet?

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
If the Bull is on, the 23.6% retracement sitting around 9300 will be once in a lifetime buying opportunity. People are expecting more % retracement will likely to get left behind. I expect BTC demand to only increase from this weekend forward before the Monthly Close as we have coronavirus FOMO and BTC halving event used to build the story.
Key things to take away from this:
  • 10k target is still on the table.
  • Longer Term ABCD taking us to 17k levels.
  • Bull is over if we retrace all the way down to 6k levels. (unlikely)
  • Halving event is 101 days away.
Take it easy team.
See you on the next one.
~Bo Bugra

Telegram Here t.me/bugrasukas
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