2022-02-20 13:33:43
BTC&GOLD FREE UPDATE Final Flush For BTC, And 45% Growth On Gold Next -
Yello, ladies and gentlemen !
There's a FUD storm happening now around
crypto mass media, pushing Bitcoin down to the $39k level about which we have been talking in the FREE update on 12th February.
With the extreme fear going on right now, we are even pushing deeper into our strong support zone and experiencing a scam wick down to $38k, which is still alright as long as we don't close a
daily candle below it, if we want to maintain our mid-long term bullish
structure. Funny that this liq. event as always happening on Sunday when Trad. markets are closed, and it is easier to manipulate crypto.
This is, anyway, a
perfect bullish retest. We expect a reversal around these prices and a continuation of our
mid-long term bullish cycle now.
Despite Bitcoin seeing a pullback,
Gold has remained strong as it approaches local highs: seemingly outperforming most asset classes. Our fundamental bias is still quite
bullish on Gold, given the updates we have been giving you about inflation. Our technical analysis also suggests further upside on the quarterly chart
(Long-Term), as you can see on the chart
below.
For those looking for exposure in
Gold using crypto, the
ParadiseTeam highly recommends buying
PAXG on
Binance. This coin trades 1:1 with Gold.
More than ever, please keep in mind that trading is more complicated during bear trends than during bull trends. If you follow analysts or any traders. Pick people who trade based on R:R instead of cumulative and gross profit non-sense (Tiny Target - Huge stop loss - more than 1 entry); also avoid breakout traders as this often ends up being just Pump&Dump. Don't fall into these hype traps. Keep your
money safe MyCryptoParadise.com
i
Feel the
success
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