Hello all,
Here a short view on BTCUSD by me.
There is something nice going on with BTCUSD. It's pushing hard to the $10.000,-, already a few times, but it havent pushed through yet. The market is indecisive and probably will for a little while.
If we look to the chart and the lines I've drawn, I'm suspecting there might come another good chance to buy BTCUSD for the long term on a lower price then the current one.
Personally I think the price can go lower to the area between $5.500,- and $7.000,-. I know its a big range, but with the volatility of the price there always is in BTCUSD, there might be another big spike down. If you believe in BTCUSD for the long term, then a (small) buy order at $6.000,- or $7.000,-, can be a smart thing to do.
My idea for the long term is that the value of the dollar is going down with all the extra 'free' money that is pumped into the economy. In my opinion this will devalue the dollar and does the price of commodites in dollars rice. Maybe not right away, but in the long term for sure.
This is just my view and opinion and in the end you always decide for yourself.
Don't ever go blind on someone else his vision, create one for your self!
Have fun and good luck trading. :)
Here a short view on BTCUSD by me.
There is something nice going on with BTCUSD. It's pushing hard to the $10.000,-, already a few times, but it havent pushed through yet. The market is indecisive and probably will for a little while.
If we look to the chart and the lines I've drawn, I'm suspecting there might come another good chance to buy BTCUSD for the long term on a lower price then the current one.
Personally I think the price can go lower to the area between $5.500,- and $7.000,-. I know its a big range, but with the volatility of the price there always is in BTCUSD, there might be another big spike down. If you believe in BTCUSD for the long term, then a (small) buy order at $6.000,- or $7.000,-, can be a smart thing to do.
My idea for the long term is that the value of the dollar is going down with all the extra 'free' money that is pumped into the economy. In my opinion this will devalue the dollar and does the price of commodites in dollars rice. Maybe not right away, but in the long term for sure.
This is just my view and opinion and in the end you always decide for yourself.
Don't ever go blind on someone else his vision, create one for your self!
Have fun and good luck trading. :)