zeroToEdge

BTC 2017 scenarios

Short
BITFINEX:BTCUSD   Bitcoin
12
BTC looks unstoppable (a sign that a top is approaching) Don't try to guess the top. it could be 1250, 1300, but a long term correction will follow. See the 2014 peak. It didn't reverse in 1 week. It takes time until BTC makes a proper pullback, maybe May/June.

Instead of shorting BTC now and be smart ass guessing tops, put the money where BTC money goes: alts: Keep an eye on smaller alts XRP, LTC, ETC, ZEC, or more stable ETH

I think best you can do during April, actually, is to be fiat just now. Let spikes and volatility, overbough/oversold levels to hit in BTC and alts. Extreme levels are not good specially if you play margin games. Then use that money when the new trend/cycle is starting. It' sad to see a good new trend to start with empty pockets, because of playing casino

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.