Sunday Update - Bitcoin
A phenomenal week comes to an end. The long position we opened last week is 20% in profit, everyone who opened up positions can put their stop-loss on entry or below the last low at $23770. Our orange target zone has been reached, and we are already consolidating on current levels. We have reached the crucial $30000 level, it is very important that we move higher in the next days, a sell-off back to the $25000 would be very bad, however a sell-off is unlikely at the moment.
We expect that the price will move higher after consolidating in the upcoming days. Furthermore, we will open further positions if possible, so stay tuned!
Unfortunately we wont publish a altcoin update today, but will do so on wednesday.
Please note that we are already invested in Bitcoin since the 15th of June 2022 and 15th of June 2023, back then we announced our first positions on tradingview.
Long #1 Bitcoin (BTCUSD)
AVERAGE EXECUTION PRICE: 20’714.20$
STOP-LOSS: NONE
LONGTERM TARET: +120’000
Long #2 Bitcoin (BTCUSD)
AVERAGE EXECUTION PRICE: 25'289$
STOP-LOSS: NONE | Traders can put their stop-loss slightly below 19'559.36$ (Last market low!)
LONGTERM TARET: +120'000$
Please note that we are already invested in Ethereum since the 15th of June 2022 and 15th of June 2023, back then we announced our first positions here on tradingview.
Long #1 Ethereum (ETHUSD)
AVERAGE EXECUTION PRICE: 1’057.6$
STOP-LOSS: NONE
LONGTERM Target: +8’000$
Long #2 Ethereum (ETHUSD)
AVERAGE EXECUTION PRICE: 1653$
STOP-LOSS: NONE | Traders can put their stop-loss slightly below 1369$ (Last market low!)
LONGTERM TARET: +8'000$