CRYPTOCURRENCY POSITION ENTRY 3rd WEEK OF MAY 2021
What happens to this cryptocurrency lately? after Elon Musk the multimillionaire tweet on the cancellation of BTC as a payment method for buying his Tesla car, there is a spike to the downside drastically.
For me, it's a good opportunity to buy this crypto at a discounted price where I missed last Feb 2021 at 43k USD. Right now, the BTC price has reached an equal leg of the correction zigzag wave "C".
My forecast, BTC price might go up the minimum to 70k USD as my midterm TP before either I will decide to continue to hold this cryptocurrency or sell it for profit-taking.
I hope this BTC will be the replacement for my XRP position that I closed last week due to panic selling.
It really makes me frustrated with the wrong move I have made, but if the XRP makes another round retracement to form the corrective structure of WXY, why not buy it again at a more discounted price of 0.70 sen. Follow the system and apply it to the trading application, that the only I know because I'm not an Elon Musk. I just an average guy with a system.
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