RE: BTC - Today is a perfect example of why it's so hard to trade Bitcoin

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BTC - Today is a perfect example of why it's so hard to trade Bitcoin

in bitcoin •  5 years ago 

Bitcoin behaves like gold blended with a high-tech startup's stock. You never know which of these two characteristics are going to determine the price of the day.

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Haha well said! At times it behaves like a risk off store of value and at other times it trades like a high beta tech stock with no regard to resistance levels.