chrisdunntv
Long

First Sign Of Demand Since My Last Buy Zone

BITSTAMP:BTCUSD   Bitcoin / Dollar
Per my last prediction:
I've been cautiously bullish around $440 - $475,
watching to see when demand would step back
into Bitcoin .

It's easy for newbie traders to look back
in hindsight at this trend line break and
have a "woulda coulda shoulda" response,
but the only thing that matters is if you can
buy when nobody else wants to, then take
profits when everybody else is chasing.

I'm still cautiously bullish and only buying on
retracements, because I know (from message
boards, tweets, etc) that rookie traders are chasing
price and are likely to get stopped out on any pullback.

Trade smart!
volume is still down trend.
Reply
Good catch on the initial break.
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