Post
Topic
Board Bitcoin Discussion
Topic OP
Above $20,500, BTC will give $4k+ move. Here is why
by
cryptoadviser
on 02/12/2020, 16:43:32 UTC
Above $20,500 till where there can be some resistance, if BTC crosses this mark, there is going to be short squeezing.

Anyone who wants to sell will sell around $19500 only because that is the level. Above $21,500 - $21,000, a lot of futures trader will face short squeezing, new retail investors will enter. Easy $3,000 - $5,000 move. I guarantee.

Good ways to trade:

  • Sell around $19700. Rebuy around $21,000 and take a $4000 profit atleast.
    Another good way is to move to alts which still have 2x upside left.

Bring on your thoughts. Let's discuss, debate and predict together