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BTC/USD- Price Analysis 1.23.18

1/23/2018

3 Comments

 

BTC/USD

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Things are rather simple here.  Bitcoin continues to trade between 2 points ($10,000-$12,000).  If you're a day/swing trader; you may want to purchase as close to $10k as possible and sell once it gets close to $12k.  If you're a HODLER, then there isn't much to do but hold (hodl). 

My Thoughts?
Besides the ones outlined above; I am still bearish on Bitcoin in the short term.  I am awaiting that massive move to the down side that will have this trading from $8k, to possibly $5k.  That's a 50% downside from current levels.  It's a lot! I know! But these are just my thoughts. 

Long live Satoshi, Long live Crypto!


DISCLAIMER:  Nothing on this site shall be constituted as investment advice.  Cryptocurrency is a highly, note, HIGHLY speculative market.  The returns are great but so are the risks!  As with investing; I never invest with money I can not afford to lose. 
3 Comments
Cowboy
1/25/2018 12:37:13 am

TY. Easy trades

Reply
Guest
1/25/2018 12:38:19 am

Anything on Litecoin?

Reply
Kayla link
1/7/2021 04:18:05 pm

Thankss for this blog post

Reply



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    Tina "ShortMeTina" Ley (pronounced Lee) holds a Bachelor of Arts in Forensic Psychology and a Master's of Science in Mental Health Counseling and has been a stock market participant for over 10 years.  Currently a Full-Time Trader and Blogger of all things financial.


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This website is for information and illustrative purposes only. It is not, and should not be regarded as investment advice or as a recommendation to buy, sell and/or hold any securities mentioned.  All investments carry risk, there are no guarantees. Investors should consult with their advisers with respect to their investments.  Please read our full disclaimer here. 

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