BTC_usd

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* This is not advice, do your own research and make your own decisions.
** We are strong believers and supporters of BTC 2.29% . We believe BTC 2.29% is changing and will continue to change the world for the better.

// Neutral BTC_usd // No trade zone $5000-$8250 //

We got a new all time high significantly higher then $5000. We believe most players in the market then expected $5000 to be tested hard.
So everyone - from the smartest money to noobs - got surprised when the price flipped at $5400.

bcash has also been going wild with attacks and price movements.
We believe a lot of profits was taken and moved back into BTC from this.
And this might have slowed down the inevitable.

Business is moving in harder. The news articles talk about civil war.
R Ver is scamming from his .com site. Use .-org.
We believe at lot of people think they own BTC when they infact own a s***coin.

bcash is not close to being a contender in our eyes. Nor is any other altcoin.
But people will get sucked into it for quite some time yet and this will affect the price short-term.

We are firm belivers the Bitcoin community and the BitcoinCore developers will win any 'war'

When will people realize they own something that is going to be worth $0-1 and not $10000?
The market will tell.

Will BTC price move down to the trendline created a year ago?
The market will tell.

We will update this idea with a new analysis regarding an entry at $8250 or $5000.

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$8250 is here.
The way we got here from $5400 makes us stay on the fence a bit longer.
The market movement in the next 48 hrs will be monitored closely.

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Shorter timeframes looks to be forming a strong bullish trend.

We would actually like a to see a correction (from a trading perspective) - at least before 10k. We would like to test the $6600 and $5000 area before reaching 10k.

We have not shorted BTC much, but a good trade might be apon us. Then there is a good chance it's not - and that our careful approach will cost us a good long in heinseight. Then again, if we should go fast to 10k and above, your cold storage will fix that just fine.

If we should stabilize above the previous high, $8250 area, on higher timeframes, we will look for short term buys against usd and bch.

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The pullback from this daily 9 on the TD indicator looks to be short and we think a new all time high is upon us.

People are having too much time for this to be the to.

If we break $8250 in the near future we are in looking for $9250-9750.
We then expect a correction before 10k and will buy the dip.

(sl $8050 ts $9000 bp $9500) rr 7800 rs $4900))

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