BTC update 25th may

BTC now trading around 7425. We had some ups and downs but the main direction was down. For now we want to make a longer term prediction. If we look at the image you will see the green dotted lines. These are the major Support and resistance lines. We are currently almost at the support line (support ~7300). We think that when the futures expire on the 29th of may we will see price actions up. Why? Because then "the big guy" have made a maximum profit and the price is low when Nasdaq starts to trade BTC. This combined makes a lot of sense to us. For now we will go up and down a bit (200-300) but no major action until 28/29th of may.



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We are not professional traders nor financial advisers. Please invest/trade at your own due diligence! You can't hold us responsible for losing money on trading signals we give you. You and you only take responsibility if you buy crypto and lost on these trades. So do your own research before buying. Our trading  signals are purely informational.

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