BTC/USD  (click image to enlarge) 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.
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AuthorTina "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. Archives
March 2018
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