LIFUI. O. LOR #BITCOIN #BTC $BTC My Thoughts: PREPARE TO BUY $4K

This trade idea is an update based on recent price action. Previously, I had warned of the consequences of $SPX breaking $4050 support. At present, in my opinion, the price is headed for a test of $20,000. At the $20,000 area there is a chance of a bounce to $30,000. However, I believe the price will inevitably retest the $4000 - $6000 region, which is where I am looking to get into spot. I had warned that bounces are for getting out of spot positions and had explained why it was not good risk reward.


This trade idea is not financial advice. I am not a financial advisor of any kind.

Please do your own analysis, responsibly manage your risk, and stay safe.

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