Trade#4: Enjoy BITCOIN Falling While Others Are Worried!

in cryptocurrency •  8 years ago 

Bitcoin broke several important supports and continues on the downtrend as uncertainty has surfaced on its SegWit deadline on August 1st 2017. People are pulling out before the dust is settled after this crucial day.

I entered a SELL trade yesterday as I spotted plenty of money on the table to make as detailed in the hourly and daily charts below.

BTCUSD Sell (Jul 15 2017).png

BTCUSD Daily (Jul 15 2017).png

Remember traders don’t care much about market falling-down like buy-and-hold players because we are able to ride in both directions.

Please comment what you think.

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My Crypto advice would be don't hold bitcoin, its better if you can convert to fiat until doomsday Aug.1st

I absolutely agree with your strategy for buy-and-hold players:)

yeah but there are a lot of new people just getting into bitcoin and Alt coins! Just out right bad timing for the newbies your gonna learn fast I hope! Good Luck! CoinFreakz💱

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