And the price has rosen to new highs.
So, is the analysis completely false?
I do not know the future - I´m not a prophete. So everything is possible: rising - staying - falling prices.
I can imagine that a lot of investors and speculators wanted to see if the introducing of on bitcoin (not physically backed) will help the price to newer highs.
Now, after CBOE and has introduced these derivatives this music is out. Not much impact on the course has been seen.
is falling, so do and - from very high niveau!
Could that be the beginning of the correction?
I think the price can rise a little bit more til Xmas , perhaps we´ll see some new ATH . Relatively it wouldn´t be enormous.
Is it worth to take the risk?
I stay to my last analysis. A correction is very probable in my eyes.
Please leave a comment!
I spent ~ 1K usd bought BTC at price ~ 3800$. I have sold some BTC out to get back my principle 1K$. the remaining profit I am keeping it as hold. I always seeking for help from other expert opinions for my better investment in BTC as well as other crypto currency.
thanks for your value comments to me
BTC has seen a fantastic rise and one should not be very suprised if there were a correction.
I recommend altcoins with real value, as Ethereum (it´s a token), DASH, Monero, Bitcoin Cash, ....