BTCUSD-BUY startegy weekly chart

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BTCUSD-BUY startegy weekly chartBitcoin / US DollarCOINBASE:BTCUSDpeterbokmaIt's quite oversold short-term, but does not negate the longer-term picture. I see overall $ 30-40k as a possibility, and perhaps even further down then that. For now short-term there is oversold status, and we may see a correction back towards $ 78-85 area before lower again. Strategy BUY $ 60-65 k and take profit near $ 78k for now.