14 Sept
Bitcoin
The Uptrend Has Magical Attraction
Euphoria and extreme fear alternate weekly with Bitcoin. However, my main scenario remains that the short-term uptrend will still be reached at around 47,000 U.S. dollars. At this level, I will build a position, possibly also in particularly heavily sold Bitcoin alternatives. After that, I expect another breakout attempt in the region of 73,000 U.S. dollars. Will it happen like this? I don't know, but in such volatile markets, I need a clear scenario that I derive from chart analysis and existing trends. This way, I can enter the next trading week relaxed, because I have a roadmap in this wild "crypto world".
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