UPDATE ON BITCOIN TREND

in bitcoin •  7 years ago 

As you can see, 0.618 BTC fib level is holding very good support for BTC. We hope this week candle will close above at least 7.9k but it would be perfect if it closes above 8.3k.

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At the moment, BTC looks very good. Maybe even more important thing is that we have positive news today.

We have news that European governments are thinking to hold BTC ( they want to be HODLers too 😂😂😂)

Then we have news that BTC is accepted as a payment method for buying Luxury cars in Japan. So after Lamborghini dealership, we can buy Luxury cars in Japan too.

We need positive news every single day so we can hope for recovery very soon , but don't expect overnight, it will go through some corrections in potential uptrend so when you see downtrend it doesn't mean that uptrend is over .

As I told you, it can take one month, 2 months but downtrend will stop sooner or later. It was very hard to hold while everything was bleeding but recovery will come sooner or later.

Where are now news about bans?

Where are now news that BTC is dead?

It is marketing and media manipulation so you have to understand that it is common thing in our market. Be positive and everything will be okay 😉👍

Profit days are coming sooner or later ❤️🚀

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