Bitcoin Fun. How much are you prepared to bleed?
Boy, this chart look like fun. After a 100% measured advance, Bitcoin is collapsing. I'm sure I'll hear from the regulars because I'm not a Bitcoin/Crypto fan - but from a technical standpoint - wasn't this rally fun?
Now, that Bitcoin has collapsed, and may continue lower, are you going to chase this all the way down? The rally was great for everyone who loves cryptos, but what next? 5k? 3K? 10k? Where's the bottom?
The 100% measured move is complete. If my research is correct, and the global markets enter a sideways/correction phase, Bitcoin may start a broad market decline with the other assets.
My advice, don't chase this move right now. Wait for the bottom to setup - it may be many months away.
Now, that Bitcoin has collapsed, and may continue lower, are you going to chase this all the way down? The rally was great for everyone who loves cryptos, but what next? 5k? 3K? 10k? Where's the bottom?
The 100% measured move is complete. If my research is correct, and the global markets enter a sideways/correction phase, Bitcoin may start a broad market decline with the other assets.
My advice, don't chase this move right now. Wait for the bottom to setup - it may be many months away.
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Get More Great Research & Tools
-- Special TradingView Tools
-- Automated Trading Systems
-- Proprietary Algos/Signals
-- More..
Join Ment.Com Expert Growth Today
Get Some.
-- Special TradingView Tools
-- Automated Trading Systems
-- Proprietary Algos/Signals
-- More..
Join Ment.Com Expert Growth Today
Get Some.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.