Everyone are so excited to buy crypto that they miss out the opportunity where actual buying can take place with minimum SL.

Recently as Tesla owner Elon Musk started buying crypto people madly started to buy without thinking. Is this Right to do ? Is this Ethical Right ? Has Elon Musk played with the sentiment an made his money and went out of the market?

All this are question which have many answer to it, but the answer what i feel is right is people blindly followed a personality without understanding the importance.
From near by 8k-19k here we didn't stop we took the price of bitcoin to near by 65k are we serious about this.

Yes It is said in market investor don't look at price while investing they look at the BRIGHT Future.
I believe no long term investor from 8k-64k is still invested in bitcoin if he/she is the population would be 0.10% and this is human psychology.

Those who bought at 50k are suffering no doubt it might cross 60k as well and that would be the time people will exit thinking about the loss.

This is a great opportunity to Buy Bitcoin as the Risk of Buying is limited and the return expected is good.

The Crypto has taken a support near its support zone and  is expected to take support at this level.

As per Fibonacci Ratio is Bitcoin close below this level we might see a huge correction coming, if Bitcoin closes above this level for at least 3-4 days we might see the upward move again.

SL for the Crypto would be closing below the support zone.

Advice : Buy if bitcoin close above 0.618 fibonacci.

Buying Opportunity

Jul 21 2021

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