cryptosach

BTC Beginners Evaluation - Market price falling

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
From the previous two historical cycles we have seen within the Bitcoin             market we have seen the market price drop:
1st -68% over 7 days
2nd -51% over 14 days - where the market rode up then fell back down to the -51%

Currently the cycle is in the falling phase globally however this consolidation period will be closely watched by traders and oscillations will happen. Technical Analysis will dictate me buying during a low cycle.
A pound cost averaging strategy will be undertaken as the price is set to drop further closer to the -51% and -68% we have previously seen this currency fall.
Currently it has only fallen as low as -37% over 5d and -34% at 7d on its last support cycle. These numbers look in line with how much it will fall so I should watch out for the next fall.

After the market has fluctuated a few times it will likely level out as previously seen. Then an even bigger bull run than any historical event should break out as we have previously seen.

If this doesn't happen, then a large crash will ensue, which will not do any other of the cryptocurrencies any favour (depending on what triggered and PR             fules the crash).
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out