฿ Bitcoin BTC/USD Daily Video, January 18, 2024

[Sive Morten]

Good morning,

Now BlackRock is buying BTC 10 times more than it is mined per day (900 BTC). And this is without other guys fro Fidelity etc. Now major question is - how applicable technical analysis will be to forecast BTC prices, if it is totally controlled by ETFs and all available BTC buying out.... Still, we keep our H&S scenario valid. Let's see what will happen.

P.S. In video I've said that 900 BTC are mined per week. This is wrong, per day, of course...

 

[Brett Reynolds]

I took short sell at $42900.! Stop $43400.

 

[Flokkii]

BTC go up my friend!
Buy 42300
Take profit 44000
Stop lose 40000

 

[Brett Reynolds]

BTC go up my friend!
Buy 42300
Take profit 44000
Stop lose 40000

Thats a very wide Stop Loss.? It might get Hit' by Friday..?