The future of Bitcoin is undecided at the moment, some people are saying that price is going to be halved this month wheres on the other hand because of this virus that is going round people are using cash even less so this could be the boost Crypto needs to become the new market leader in dealing with cashless transactions.. i am siding with Bitcoin taking over to be honest.
If we look at the chart we can see i have marked out 2 areas of interest where i will be looking to enter buys and hold for a long time, i will not be selling down to these areas as that is not been patient and if price decides to fly up from current area then i will be in a loss, you must always wait for the market to come to you instead of chasing it because if you chase you will loose, the markets are like Usain Bolt on speed.. try catching him you will always loose lol. So my marked out areas will be 3rd trendline touch lined up with good support that has been used before as support and resistance.
Bullish for the long run though on this.
Im off to spike Usain Bolt then trick him into having a 100 meter race...
If we look at the chart we can see i have marked out 2 areas of interest where i will be looking to enter buys and hold for a long time, i will not be selling down to these areas as that is not been patient and if price decides to fly up from current area then i will be in a loss, you must always wait for the market to come to you instead of chasing it because if you chase you will loose, the markets are like Usain Bolt on speed.. try catching him you will always loose lol. So my marked out areas will be 3rd trendline touch lined up with good support that has been used before as support and resistance.
Bullish for the long run though on this.
Im off to spike Usain Bolt then trick him into having a 100 meter race...