Possible scenario for the downfall and recovery of BTC (2020)

15 thg 4, 2020

BTCUSD

Exectations are that Stocks and BTC will significantly drop in the next few weeks (with not drawn flash spikes Up and DOWN)

Advice is not to be in margin and if you are to make sure you hedge or limit the margin to stay in your comfort zone.

Once we hot bottom, expected around 4350-ish level we should get an accelerated upwards movement that will last months and might even go to challenge the old ATH somewhere in 2021


(Do not trade on my info, i am not an official advisor and these are just the simple ramblings of a trader with only 20yrs stocktrading exp followed by almost 10 yrs in Crypto)