RE: Bitcoin (BTC) Morning Update: What Would Signal a Bottom?

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Bitcoin (BTC) Morning Update: What Would Signal a Bottom?

in bitcoin •  7 years ago 

@haejin I still think this is a bulltrap. Saw so many over the past few days. Even with the recent news coming out of the US, I dont think that's enough to sustain good long term growth... There's still a lot of uncertainty in the Asian markets and I feel like that's building up to explode.

I think a smart play is to ride the waves. Buy low, sell high. The next time it drops it's going below 5k so having cash reserves to buy the super cheap btc is going to be a great plan in the short term.

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