Bitcoin.
What is it?
I don't know. Except that it is likely that it is going into a dive.
What you don't do is to be long anything that has a chance to find its monthly bottom, and bitcoin is in that region of time. Between Jan 18 to Jan 23 Bitcoin is likely to make a pivot high then dive downwards. If I was a bitcoin bull, even I would stay out of the market now. Sidelines - where Cash is really king.
What is it?
I don't know. Except that it is likely that it is going into a dive.
What you don't do is to be long anything that has a chance to find its monthly bottom, and bitcoin is in that region of time. Between Jan 18 to Jan 23 Bitcoin is likely to make a pivot high then dive downwards. If I was a bitcoin bull, even I would stay out of the market now. Sidelines - where Cash is really king.
Comment:
Bitcoin has entered the storm area..