RE: Are we Seeing More Decline in Bitcoin Price in Coming Months?

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Are we Seeing More Decline in Bitcoin Price in Coming Months?

in bitcoin •  6 years ago 

What were seeing is mass accumlation right now by big players. If you're looking to buy, make sure to dollar cost average. For instance, lets say you have $300. Hopefully you bought around the 3800 that we saw a couple days ago. Buy another $100 now. Then wait for more price action.

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That'll be a pretty safe strategy to play. But for now, everything can happen. Right now, we're kind of nowhere, between major moving averages, with a probability to drop even further. I wrote about this today, if you're interested:
https://steemit.com/bitcoin/@aezakmi/bitcoin-latest-price-action-a-closer-look-at-what-s-going-on
Cheers

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