Bitcoin Needs To Be Boring Before It Can Explode
Bitcoin needs to be boring before it can explode to the upside.
All the attempts by people to trade short term are waste of time. People who really makes big money don't focus on short term, they play long term, they wait, they are patient.
Boring is when there is relatively very small price action which means that it is trading at a small range of prices.
Boring is when it happens over a period of time.
On many time scale, the bolinger band is getting tighter and tighter, this is also apparent in the Monthly timeframe, which only small few sets of people will bother to look at.
Bitcoin may stay sideway here for some time, it doesn't matter, eventually it will explodes to the upside. And when that happens, the moves will be very fast and wild and most people will miss it.
Bitcoin depends on Nasdaq going higher. Anyone who thinks that Bitcoin will go up when stock market crash is foolish and doesn't look at data.
You need to be thankful that now Nasdaq is above 10000 and will continue breaking all time high. That is one of many catalyst for Bitcoin to break above.
I don't fall in love with anything, I will make money anywhere I can make money.
Regards.
Don't message me or comments, I don't read them. I don't care about you. Sorry.
All the attempts by people to trade short term are waste of time. People who really makes big money don't focus on short term, they play long term, they wait, they are patient.
Boring is when there is relatively very small price action which means that it is trading at a small range of prices.
Boring is when it happens over a period of time.
On many time scale, the bolinger band is getting tighter and tighter, this is also apparent in the Monthly timeframe, which only small few sets of people will bother to look at.
Bitcoin may stay sideway here for some time, it doesn't matter, eventually it will explodes to the upside. And when that happens, the moves will be very fast and wild and most people will miss it.
Bitcoin depends on Nasdaq going higher. Anyone who thinks that Bitcoin will go up when stock market crash is foolish and doesn't look at data.
You need to be thankful that now Nasdaq is above 10000 and will continue breaking all time high. That is one of many catalyst for Bitcoin to break above.
I don't fall in love with anything, I will make money anywhere I can make money.
Regards.
Don't message me or comments, I don't read them. I don't care about you. Sorry.