Bitcoin Long: Bitcoin ended it's down move over the weekend

In my very first idea on Bitcoin, I mentioned that should hit a target of $6219. The low wasn't far from the target. When Bitcoin was near $7000, I mentioned that it has reached a turning point. Over the weekend, I had wanted to call a long because of price consolidation as it was making it's way down. However, I was waiting for an impulse up-move before making the call. The recent move up is a confirmation that Bitcoin (and other cryptocurrencies) is once again a very good buy. In fact, I will urge it as a buy-and-hold. Of course, caution is still required and I suggest putting a stop below the recent low - just in case I am wrong.

The Stop-loss and Take-Profit shown is what I consider a good place for a first target. If there is a need, I will update when the time comes.

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I didn't monitor Bitcoin actively but it seems like the game is over. Price missed my target by a few hundred dollars.