Bitcoin just broke through the inflection point towards the value area and has reacted with the value area. This could mean that there is a very high possibility of Bitcoin going short for the next months. This means that 2024 could overall be a "short" year for BTC.
So what could this mean for investors concerning Bitcoin ?,
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So what could this mean for investors concerning Bitcoin ?,
- Firstly it means that if price presents opportunities to buy , we could expect short asset holding periods on Bitcoin.
- Secondly, this first quarter will be the best time to sell of BTC assets as the prices for selling Bitcoin for the year may currently be at its highest value.
- Thirdly, the 4th quarter of the year might be the best time to buy BTC at low and good prices for holdings.
I provide personal BTC investment advices, so if you will want more insights and information on when to buy, hold and sell your Bitcoin assets, kindly DM me here on trading view and i will reach out .
Also if you found this information helpful please do like , share and comment on your thoughts and do follow me for more as well.
Thanks for reading