How to trade Bitcoin at this point. How to find the exact value.
BTC is not moving like most of the professionals predicted.
Cryptocurrencies, stocks, futures, these kinds of assets do not move scientifically.
These prices are made from the complex decisions of individual people.
So the charts are kind of statistic data.
The more people trade, the more accurate the charts move.
BTC, which many people trade, even not accurate enough to show the exact value of itself, in short terms.
If you want the see the real value of it, you need to check it from the monthly chart, at least weekly chart.
What I'm trying to say is that BTC, at this point would not move as a trusty asset.
Not many traders would trade in this section. And the movement would not be very stabilized.
It's a high-frequency trading zone.
So don't hold as a long-term position.
Cryptocurrencies, stocks, futures, these kinds of assets do not move scientifically.
These prices are made from the complex decisions of individual people.
So the charts are kind of statistic data.
The more people trade, the more accurate the charts move.
BTC, which many people trade, even not accurate enough to show the exact value of itself, in short terms.
If you want the see the real value of it, you need to check it from the monthly chart, at least weekly chart.
What I'm trying to say is that BTC, at this point would not move as a trusty asset.
Not many traders would trade in this section. And the movement would not be very stabilized.
It's a high-frequency trading zone.
So don't hold as a long-term position.
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