FX_Professor

BITCOIN - Why I am Bullish Again

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BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi everyone,

apologies for the poor quality of sound and drawings but I am not on my station yet and recorded this from my laptop.

We are approaching July, the 3rd quarter and this alone can be a good time to reverse things. Volatility is expected as you already know, as the wedge is running out of space.

We had recently had 3 dips, the last 2 forming higher lows, a bullish sign.

For me is time to buy BUT, I can not cross out:

a steep/sudden dip to as low as 23k (that would be the opportunity of the year to buy)- 10% chances of this happening
a drop to 30k level or at least toward the lower end of the wedge- 25% of that happening
a rise from here, without exiting the wedge from the lower end - 65% chances of that happening

that's me, for now.

Keep in touch for more

the FXPROFESSOR

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