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CryptoManiac101
Aug 6, 2019 3:51 AM

BITCOIN - MAKE IT OR BREAK IT - CryptoManiac101 

Bitcoin / United States DollarCoinbase

Description

BTC / USD TA

We've come to a point where Bitcoin will either break through this resistance line to test ATH $20,000 region or smash down towards $5,000 zone which for some people is a positive thing, while for others it's exchausting which is exactly what Bitcoin has been doing to its investors over last 10 years.

Would I LONG or SHORT?

I would ideally hedge and hold regular bag of BTC (disclaimer - I've never held nor am I holding any BTC today)

If you're interested in Alts... We should either see action within next week or two or look towards second part of Q4

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Comments
wargolynch
I don't understand why you still believe it's going to 4k if it fails here .... Just look at its historic since 2010 ....
CryptoManiac101
@Maped, I don't understand why you can't read
wargolynch
@CryptoManiac101, Lol you're just throwing "4000-5000$" out of nowhere when there is not any reason to believe it would visit 5k again, even if it falls now.
If it falls, 8k is a really strong support
And seriously, just take into consideration what this logarithmic chart since 2010 is showing you ... Just take into consideration the halving, baakt, ETF, fed officials talking good about BTC, libra doing advertising for crypto ...

Maybe you just want to sell VIP memberships dude, but I'm still sure you would sell more of them with better analyses. It's not because you have many subscribers that you can't pursuie learning :)
wargolynch
@CryptoManiac101, Just start using the BLX ticker in LOGARITHMIC mode. Just my 2 cents for long term analysis, proceed as you want :)
wargolynch
@CryptoManiac101, I just had a look at your VIP membership prices
If you're going to ask people 0.25BTC per year, you must seriously begin to propose better content lol
CryptoPAMM
Make it
OxEconomist
I think a correction is necessary.
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