At the Q4 of 2018, the Bitcoin and crypto market experienced negative sentiment (near anger and capitulation level). Based on the technical analysis, the market is consolidating between $3,200 and $4,200. The current trend is expected to continue into Q1 of 2019. The GenXInvesting strategy is to accumulate BTC holding around $3200 area.
Happy Trading!
GWK
Happy Trading!
GWK
Comment:
If you are interested in the bitcoin, gold, and equity market outlook, please checkout steemit post steemit.com/cryptocu...usdgld-usdbtc-usdspx for details. Please leave comment for future analysis and content request.
Comment:
We are still looking strong on the upside to $4200 before the pull back
Comment:
We are getting close to the 200 days moving average around $3,300. Important level for the price action.
Comment:
Good time to start accumulating but keep some liquidity for in case of bottom breakout
Comment:
If you started accumulation yesterday, you will be pretty happy with 8% gain :)