Bitcoin has a slight correction after breaking through the short-term trendline. However, I think that it is a healthy correction before moving up higher to $6800 area.
I have sold most of my altcoins once Bitcoin reached $6600, and now I am waiting for a lower dip to buy back.
I'm still holding firm on STEEM and have bought some at 25k area.
Possible trade setup
- You can consider buying more BTC when it reaches down to $6350 area and uses that BTC to purchase other coins such as NEO, STEEM, etc. Please use only 20-30% of your capital allowance, since we are not sure about the movement yet.
- For safe trade, I would put stop-loss at $5700 for BTC.
Please use my post for information purpose only.
I see us falling again to 5.5k, hate the be the bearer of bad news. What goes up must come down. We just need to wait for the next run, its going to be epic. Thanks for the post! Cheers!
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Thank you. I also believe that we may leg down to below $5500, but not this month :)
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Interesting analyze
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This post has received a 45.81 % upvote from @boomerang.
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I vote for you, you vote for me. I like your post, your post is very good.
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@attaon.cmt When btc reach again 20k$?😢😢
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Next year prob
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bitcoin posible start bull run but i think start bull run before bitcoin touch 5.5 thousand dollar may be i,m wrong. i wish bitcoin start bull
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