Yang358

Bitcoin next resistance 53,078.25

BITMEX:XBT   Bitcoin
1. Bitcoin next major resistance 53,078.25

2. My view Gamma A is the more likely scenario (as what go up must come down) but I don't have the ability to predict future so I could be wrong

3. My Robot Trader aka Killer Whale Strategy is <holding long position> so let's see what he will do next

4. Please don't take this as buy or sell advice. Trading is a high risk venture so do your own research and have a risk management plan.

5. Many people predict that US Government will destroy Bitcoin one day in order to protect USD but based on my own analysis Bitcoin will not harm USD but actually reinforce it as it is priced in US Dollar so just like Petro-Dollar, Bitcoin-Dollar will boost the demand of USD and also strengthen its international reserve currency status.
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