Bitcoin Is Up For Grabs? Should I Buy or Quit and Sell All?steemCreated with Sketch.

in bitcoin •  7 years ago 

I still believe we will visit the "Buy zone" or at least revisit the $6,000 level.

The bounce we had was a strong one, but so far I am not seeing enough momentum. There are also many barriers on the way. Bitcoin would need a really nice and strong push before we can clear all of the resistance points on the up-way.

I will update this trade idea again in a few days. By that time we will know if we are going to be breaking up or going back down to buy some more Bitcoins on the low.

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7 years ago by

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      ·  7 years ago 

    I think for a long term hold now is still a good buy. I've been shopping and just keeping a little back in case there's another dip, some are saying we could see another low in March if patterns are consistent.

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        ·  7 years ago 

      I agree with you. Thank you for your good writing always.

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