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▶ CEX Website: cex.io
BUY Yearn.finance(YFI) on COINBASE is a free lecture from the Cryptocurrency Investment Strategy Without Losses course. You can enroll in the course on our website:
Hello, investors, it’s Petko Aleksandrov, and I continue now from my Coinbase account, and I will show you the recent transactions that I have from my account.
So I have sold the Ripple. I will tell you in a second why I did.
And then I have bought the DNT, and as well, I have Bought Yearn.Finance on Coinbase, or it is known as the YFI, and that one is on a profit at the moment very nicely.
So let me show you the current setup that I have with the Bitcoin on my trading view chart. So this is what we had after the price bounced out of the 18 500.
Here it was with my last video, and then what happened? Boom!
The price bounced out of the 8 500, and it dropped dramatically with $1300.
You can see it stopped at the 17 200.
And actually, yesterday, I recorded a video from my car while I was traveling because many of the students and our followers asked me if this will be the top for Bitcoin in 2020.
I cannot say that honestly.
I see very strong Bitcoin for the last months, a very bullish trend.
If I zoom out, you will see what it’s just going up, guys, but it’s just going up. But to be honest, I find it a strong weakness because we see the drops, but they usually do not happen on the top.
Usually, we see some sideways movement, then a pullback, which is a very normal retracement. We saw that so many times.
But what is different this time?
You can see that the price just bounced out of the 18 500 and dropped immediately down to 7 200.
So that’s a massive sell-off that we had on the market. And definitely, it is a sign of weakness for Bitcoin.
Now, today, it’s trying to break again the 18 500. Still, we didn’t have an hourly candle closing above the 18 400. And we will see what will happen if the price drops lower.
It might turn to a negative downtrend, and there is a chance that this will be the top for 2020.
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