Bitcoin technical analysis #23 - The mega 100% correction

in bitcoin •  7 years ago 

Hi guys quick update on the current Bitcoin situation. For this video I use the BTC vs USDT one hour candles from Bittrex & also the BTC vs USD one week candles from Bitstamp.

bitcoin technical analysis
7 years ago by

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      ·  7 years ago (edited)

    What are your thoughts about getting out of everything at this point? eg. ETH (seems to be trending with BTC), BCH, XRP, XMR etc etc. Do you think BTC crash will bring down the entire market?

    BTC
    BTC
    ETH
    ETH

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        ·  7 years ago 

      Yes, I do think BTC crash will crash the whole market. But I could be wrong, I didn't make analysis for atls now but most have been downtrending for long time & I don't think they still have touched bottom.

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          ·  7 years ago 

        So what can we do if we don't want to buy fiat ? Is there a way for protecting criptocurrencies in a crash without fiat?

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            ·  7 years ago 

          FIAT is the fastest escape. I think is best to put it into fiat or USDT, meanwhile think about moving it into different assets...

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